Financial & Business Advice
With a solid understanding of the structure of your business and a plan to follow, your business will have a greater chance of success. Without these fundamentals, your business will struggle. Willmot Accounting provides you with information and advice on the structure, planning and running of your business.
We can provide you with tax advice, including the amount of tax to withhold for GST and your employees (See PAYG and GST for more information on this). We can advise you on what services and products are tax deductible and which are not. We can even assist you with prepare for a tax audit.
Looking to start a new business? Have an existing business, but need some advice on where to go next? Willmot Accounting can provide you with expert advice about your business.
A plan for your business is essential for your businesses success. If you do not have a plan, it is like a ship without a rudder; You may have movement, but it is not directed. We can provide you with advice and review your business plan.
There are several business structures that you should be aware of when deciding to start a business. These are sole trader, partnership, company, trust, co-operative, and incorporated association. Each structure has their benefits and limitations. Which structure is best for your business depends on the type of business you run. We can provide you with information about each business structure and advise you on which structure is best for your business.