Companies are more rigid and regulated than sole trader, partnership or family trust arrangements.
With additional compliance requirements, companies also need to ensure any money taken is either a wage, a dividend or a loan.
They also pay a flat rate of tax, making the right advice crucial for ensuring correct payment.
We can help you to meet your obligations for full business efficiency, with advice on:
Our team of specialist accountants has many years of experience providing the right help and advice for companies.
We're able to assist with everything from implementing the best structure and processes to ongoing tax and accounting guidance.
Having grown a successful company ourselves, there's no-one better placed to help you do it too.
We have worked with Liston Newton's Accountants and Advisory Team for over a decade. During that time, our business has grown substantially both organically and through purchases. This wouldn’t have been possible without Liston Newton Advisory to assist with our business planning, providing proactive advice and ensuring our accounts were always compliant in a complex and volatile industry.
Liston Newton's Accountants analysed our financial and business situation and helped us implement strategies to improve our position. Their strategies turned our business from making a loss, to recording a 6-month net profit of 36 per cent. And we are now on track to show a 240 per cent increase in turnover over the next financial year.
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.
We have all the qualifications and experience needed to help you succeed.
If you need the best accounting advice, turn to Liston Newton Advisory.
Our in-depth guide to starting out your business as a sole trader. Learn more here.
The top reasons why business owners might choose a company structure when starting their new business.