Accounting For Trades People

The Trade and Construction industry requires an accountant who will aim to simplify the record keeping and book keeping side of business.

Long hours and physical demands associated with your trade often mean accounting and taxation issues such as GST, PAYG and Superannuation do not get the attention required.

Our professional team at Taxnet Business Consultants are here to assist in the areas of cash flow, job costing, quotes, invoicing tracking retentions and paying sub-contractors, all very important issues confronted by business owners in the building & construction industry.

In the 2011-12 federal budget, the government announced  a new requirement by certain businesses to report annually to the ATO on payments made to contractors in the building and construction industry.

At Taxnet Business Consultants, you will quickly benefit from our expertise in accounting for the trades as we put into place some strategic planning processes to ensure you don't pay too much tax, or get exposed to substantial fines or interest penalties.

With so many software packages available it is often difficult for you to find one which best suits.

We can discuss this with you and guide you through the software program that is best tailored to meet your needs, from double entry accounting or just keeping tracking receipts and payments and preparing your BAS easily.

If you are looking to start a business in the trades talk to us about our comprehensive guide “Starting or Buying a Small Business”

To see the range of services we can offer simply click through the website today and call us to arrange a suitable time.

Let us show you how you can get rid of that “shoebox” of papers and provide you with valuable knowledge to grow and understand your business.