Business accounting services across Australia

Fortify your finances with award-winning business accountants

Liston Newton Advisory
Liston Newton Advisory is rated 4.8 from 32 reviews

Why choose us

Business experience

With over 40 years of experience behind us, our professional business accountants are true experts. And we are always aiming for greater achievements.

Full range of services

We provide a full range of large, medium and small business accounting services, from business advisory to financial consultancy.

Long-term client partnerships

We're not just impersonal business accountants — we can help you set your wealth goals and give you the best foundation for success.

Leading industry innovation

We are at the forefront of industry innovation. We use the latest technology to deliver high-quality services for all our clients.

Our business accounting services

We’ve placed the solutions to all of your needs under one roof. Whether you’re a state-spanning corporation or a regional small business, our accountants will help you with everything from accounting optimisation to tax minimisation.

  • Financial statements
  • Tax planning and returns
  • BAS returns
  • Bookkeeping services
  • ASIC compliance
  • Analysis and accounting advice
  • Small business accounting
  • Subsidiary company set-up
  • Off-shore accounting services
  • Ongoing business accounting advice
Business accountancy meeting

Join our business accountants for a consultation and a coffee.

Talk to us
Discussing Australian tax requirements

Reliable, professional BAS accounting specialists

Business Activity Statements require a meticulous eye for detail to complete. Let’s be honest: they can be a headache that demands more attention than many business owners can spare. Let us handle your BAS obligations for you.

Our professional team of BAS accountants will ensure that your statements are correct and lodged on time. We’ll also ensure that what is declared in your BAS return matches all your BAS lodgements.

To ease your mind, we’ll provide you with an ATO audit guarantee; should the authorities find an issue with your statements, we will resolve the issue on your behalf — for free.

  • BAS lodgement
  • BAS returns
  • ATO compliance
  • GST audits on expenses and income
  • The latest reporting requirements

An award-winning Australian accounting firm

SMSF multi service firm of the year awardSMSF customer service firm of the year awardIfa innovator of the year awardIfa holistic adviser of the year award

Experienced foreign-owned business accountants

If you’re interested in setting up an Australian subsidiary of your foreign-owned company, our business accountants will help you build a rock-solid foundation.

We're a specialist accounting and business advisory firm with years of proven experience working with overseas companies like yours.

We can guide you through all aspects of Australia's tax system, including your obligations and minimisation strategies and your ASIC, ABN, and TFN obligations. We will also assist you through the business registration process and counsel you on day-to-day financial operations.

Staff analysing a business' tax information

Business accountants you can trust

We’ve earned our laurels from major Australian and international accounting institutions.

Let our reviews set you at ease

Kieran Liston and the Liston Newton team have been assisting me with my accounting matters since 1976. For the past 47 years, Kieran and the Liston Newton team have provided reliable accounting assistance, which has allowed me to focus on my business in primary production.

Their exceptional service has consistently exceeded my expectations and made me feel that they truly care about my financial well-being.

Brian Downes

Liston Newton has given me really helpful guidance over the years for both my business and my personal finances. When you have an accounting team that you trust to give the right advice, it gives you the confidence to focus on growing your business and doing the things you love.

Kate Nixon
Founder, Kat The Label

Liston Newton helped us move our accounting over to Xero. Their Accountant managed the set up and training so we felt comfortable with the software. We now have all our processes streamlined which gives us improved visibility of our business performance. This has allowed us to open 2 more stores without a significant increase in administration effort.

Peter Luskan

Learn more about your business with our comprehensive guides

At Liston Newton Advisory, we take pride in helping business owners get more out of their hard work. Our downloadable guides can give you an in-depth look at strategies and technologies that will help your business grow.

  • Discover tax strategies and business structures available to you
  • Understand and apply new business management technology
  • Get in touch with us for information tailored to your business

If you read something you’d like to learn more about, book a free consultation and let’s have a chat.

You’ll never doubt our dedication

We’re cautious about taking on new clients. Our diligence isn’t just about vetting new business, but also about ensuring we have the capacity to dedicate our time and resources to every client’s success. 

So, here is our guarantee to you: you won’t ever be put on the back burner. Your needs and ambitions are no less important to us than those of our other clients.

The benefits of our partnership

Meet your new business accountants

We have a unique approach to business accountancy

We have developed a unique approach to accounting. All our services are part of an overall strategy designed to move your business through the different stages of growth. We call our method Get Set, Get Moving, Get Free.

Get set

We’ll begin with a consultation to define your ambitions and an audit to bolster your foundation.

Get moving

We’ll optimise, systematise and automate processes to move you towards your goals.

Get free

Our wealth-creation strategies will help you plan and execute long-term strategies for total financial freedom.

Let our reviews set you at ease

Our locations

We have six offices across the east, from which we can provide accounting services for metropolitan and regional businesses alike. Rest assured that our services are available to you no matter what state or territory you’re based in, and we’ll gladly make the trip over for a handshake, coffee and a consultation.

News, guides and other must-reads

Frequently asked questions

When does a company have to be audited?

An audit of financial reports is a regulatory requirement for the following:

  • Large proprietary companies
  • Registered schemes (Managed Investment Scheme)
  • Disclosing entity (A body that holds enhanced disclosure securities)
  • Medium-sized charities with annual revenue of more than $250,000
  • Large charities with more than $1 million of annual revenue

Another factor that causes an audit is whether a company or charity receives a government grant. The audit proves to the government that the figures in the financial reports are true and fair.

Should I have an internal business accountant?

First, you need to consider why you're hiring a business accountant over any other type of accountant.

  • If the books take up too much of your time, you probably need a bookkeeper rather than a business accountant.
  • You may need an internal or external business accountant if you have cash flow and financial management issues.

Internally, business accountants are usually a significant expense and are only employed in large-scale established businesses. However, if you’re a small business owner, you’ll find a dedicated business accountant just as necessary. We recommend assessing whether the tasks could be better delegated internally before hiring an external business accountant. Liston Newton Advisory is an expert small business accounting service; get in touch with us today for a free strategy session.

Do you provide accounting services for small businesses?

Liston Newton is a highly experienced small business accounting firm. We can help you achieve your financial goals by preparing budgets and managing your cash flow effectively. Our cloud-based accounting technology will allow you to get invoices paid faster, collaborate remotely with accountants, and protect your data with multilayer security.

We've been a small business ourselves, so we know what it takes to grow a successful small business.

Why do I have to lodge a BAS?

According to legislation, it is the business owner's responsibility to record and report how much GST your business has received and paid.

If your business revenue is over $75,000 per annum, you must lodge a BAS every quarter. If your revenue is over $20 million per annum, you must lodge a BAS every month.

Can I lodge my own BAS?

Yes, you can. However, we don't recommend this for growing businesses. It's easy to make costly mistakes if you aren't up to date with legislation and don't have the correct training.

As a business owner, handling your own BAS isn't the best use of your time. Instead, you could be focusing your time and energy on running and building your business.

What happens if I can't pay my BAS on time?

If you cannot pay your BAS lodgement when it is due because of cash flow issues, you may be able to organise a payment plan with the ATO. We can speak to the ATO on your behalf and arrange this for you.

As a foreign entity, what should I know about setting up an Australian subsidiary company?

Firstly you will need to determine the appropriate structure for your Australian business. Most foreign-owned entities opt for a company structure – and when setting up a company in Australia, at least one director must be an Australian resident for tax purposes.

Once the structure is in place, you must get your registrations in order. This means getting an Australian Business Number (ABN), investigating if you need to register for goods and services tax (GST), and registering for a tax file number (TFN).

Read more details on setting up an Australian company here.

Is my business classed as a resident or non-resident for tax purposes?

This is an important question, as non-resident businesses will generally be taxed on income with an Australian source, while Australian resident entities are taxed on their worldwide income.

Most non-resident businesses operate in Australia through a company structure. A company only becomes a resident if it's incorporated in Australia, conducts its business in Australia and is controlled by Australian residents, or has Australia-based management.

For full details, visit the ATO website.

What are the rules around thin capitalisation?

A thinly capitalised entity is funded by a large amount of debt and very little equity. Due to the large amount of debt, there is potential to claim large tax deductions for interest payments on that debt.

Some foreign-owned entities will attempt to lower their taxes in Australia by creating loans to Australian businesses and using the interest payable as a deduction. The interest income is then recognised in another tax jurisdiction.

Like transfer pricing, the ATO closely watches thin capitalisation to ensure that profits are not shifted away from an Australian entity to another country with lower tax rates.

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