Accounting Services for Individuals and Businesses
Financially Up provides accounting services for individuals and businesses across Australia. We assist with personal tax returns, business tax, bookkeeping and planning matters, with the service scope based on your circumstances, entities and records. Tell us what you need help with and we can identify where to begin.
Find the Support That Fits Your Situation
You may be preparing an annual return, starting a business, managing several income sources or trying to understand your accounts. This page helps identify where to begin. The linked pages explain each service; an appointment allows us to discuss your facts, records and proposed scope.
Individuals and Families
A personal return can involve salary or wages, investment income, rental activity, business income or changes in family circumstances. We can review the information provided, ask about relevant changes and prepare a return for your approval where that service is agreed.
If you need accounting support for individuals, start with our individual tax services. Useful records may include income statements, expense evidence and details of investments or rental property. We will identify any additional information after reviewing your circumstances.
Professionals With More Complex Income
Professionals may receive employment income alongside bonuses, investments, rental income or payments from independent work. Some also need to consider the tax effect of a career move or a change in how they earn income. Financially Up provides accounting services for professionals who want their income sources reviewed together and the relevant tax questions explained clearly.
If you are employed and also earn business income, keep contracts, payment records and expense evidence separate where practical. We can distinguish annual compliance from decisions that may benefit from tax planning, based on your arrangements.
Sole Traders and Business Owners
Running a business often involves more than an annual return. You may need dependable sales and expense records, help with GST or BAS where applicable, and financial information that shows how the business is performing. The reporting requirements also depend on the structure used.
A sole trader reports business income and expenses in the individual tax return. A company lodges a separate company tax return, and company income is separate from the owner’s personal income. Partnerships and trusts also have their own return and reporting requirements. We can identify the work required for the business entity and explain how related amounts may affect the owner’s or beneficiary’s return.
Our business services cover tax and reporting matters, while bookkeeping services address day-to-day records. The scope depends on the entity, obligations and condition of the records.
Growing Businesses and Changing Plans
A business may outgrow the records and routines that worked when it began. More staff, higher transaction volumes or several business activities can make reporting harder to interpret. Accounting services for growing businesses may include improved bookkeeping processes, periodic financial reporting and tax or cash-flow discussions before significant decisions.
If you are considering a new structure, transaction or expansion, seek advice before implementation so the tax and accounting consequences can be assessed on the facts. Legal, lending and regulated financial product advice may require the appropriate adviser.
What to Bring to a First Conversation
You do not need a perfect set of records before making contact. A short explanation of the situation and the documents you already have can be enough to begin the discussion. However, the records required to support reported or claimed amounts must be available before the relevant return or work can be finalised. Depending on the service, useful information may include:
Recent tax returns and relevant ATO correspondence
Prior year lodgments, notices of assessment, and any pending ATO correspondence.
Income statements, invoices, bank statements or bookkeeping reports
PAYG payment summaries, customer sales invoices, bank statements, or cloud accounting files.
Receipts and other records supporting expenses or deductions
Deduction evidence, work-related expense receipts, asset purchase logs, and motor vehicle logs.
Business registration and entity details
ABN, ACN, TFN details, company constitutions, partnership agreements, or trust deeds.
Documents relating to a proposed transaction or change
Contracts of sale, purchase agreements, restructuring proposals, or financing plans.
We will explain which records matter for the service. Record requirements depend on the income, expense, entity and tax obligation involved.
Why Speak With Financially Up
Financially Up Pty Ltd is a Registered Tax Agent with more than 10 years of experience and a professional team that includes CPA and IPA professionals. We support clients across Australia through online appointments, with in-person appointments available where appropriate. We aim to understand the work required, explain the proposed scope and give you a clear next step without assuming that every client needs the same service.
Registered Tax Agent
Authorised tax agent with direct ATO portal lodgment and representation privileges.
CPA & IPA Certified
Experienced senior accountants and CPAs with over a decade of practice.
Australia-Wide Service
Seamless 100% online appointments nationwide, with in-person options available.
Clear Engagement Scope
Agreed terms, transparent guidance, and no hidden commitments upfront.
Frequently Asked Questions
Clear answers to common questions about engaging an accountant, managing multiple income streams, and preparing records.
It depends on your circumstances and how confident you are preparing the return. If you have questions about additional income, deductions or records, we can discuss whether professional assistance would be useful.