If you run your own business, an accountant can help you set up and maintain your financial records. They can also help you meet your tax obligations.

The right accountant can also offer advice and guidance on your accounts as your business grows.

They can help with:

• setting up accounting and bookkeeping software
• setting up the legal structure of your business — for example, as a company, corporation, partnership or sole trader
• applying for an ABN or ACN
• dealing with the ATO on your behalf
• profit, loss and forecasting
• paying staff or contractors