Small business taxation

Get small business taxation advice from the experts

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

We can handle all your tax advice and services

At Liston Newton Advisory, we are small business and franchise specialists. We understand you need someone to handle your tax so you can get on with running your business. We can do all that and much more.

We can help you take the next step with your business.

Small business taxation advice
ASIC compliance
BAS returns
Tax planning
PAYG compliance
Tax returns
Audit guarantee

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Focus on your business while we handle your tax. Talk to the small business taxation experts.
Let's talk business

We're small business specialists and tax experts

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A wealth of experience

For over 40 years, we've been helping small businesses reach their goals with effective tax planning and compliance.

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Full range of service

We can handle all your tax needs as well as providing a range of other financial services as your business continues to grow.

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Long-term client partnerships

To give you the best small business taxation advice, we need to understand your business goals. We build long-term partnerships with all our clients.

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Leading industry innovation

We are always up to date with any developments which could benefit our clients, whether it's legislative changes, new technologies, or improving our processes.

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

Our small business taxation team

We love working with small businesses and helping them grow. Our services have a real, measurable impact on your business outcomes.

We provide tax advice and services which are informed by your business goals, so everything we do for you is designed to get your business where you want it to be.

If you're looking for small business tax deductions in Australia, our team can even travel to your premises to consult with you face-to-face. It's all part of our commitment to our clients.

Kieran Liston, Director | Consultant

Meet our taxation specialists

We have worked with Liston Newton's Accountancy 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.
Karsten Horne
CEO, Reho Travel
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.
Lisa Clarke
SL Constructions
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

Our method for small business success

We have developed a holistic approach to accounting and financial services. By gaining a deeper understanding of your business, we can give you the best advice on how you can achieve your goals.

Growing a successful small business is a long journey, and we're on it with you every step of the way. We can provide a wide range of financial services as your business moves through the different growth stages.

Find out how we do things
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Expertise you can trust

We have over 40 years experience working with small businesses and qualifications you can trust.

Run your business, we'll handle your tax

Small business taxation isn't fun or exciting, but we'll make sure it isn't a problem for you.

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Our case studies

Frequently asked questions

What incentives are available for small businesses?

One important benefit is an immediate tax deduction for each capital item a small business purchases for business-related use, up to a cost of $20,000 per item.

Another benefit is the reduction in a small business entity company tax rate from 30 per cent to 27.5 per cent.

Is my business a small business?

You are considered a small business entity by ATO standards if you have less than $10 million in annual turnover.

How much does a small business pay in tax?

Small businesses can have a variety of different tax structures in place, so there is no general rule on how much tax a small business will pay. The tax you pay as a small businesses will vary if you are under a trust, company, or partnership structure.

What deductions can I claim for small business?

The deductions that any small business can claim varies from business to business. Each industry has specific expenses that relate to earning assessable income.

Under Section 8-1 of the Income Tax Assessment Act 1997, is specifies that you “can deduct from your assessable income any loss or outgoing to the extent that it is incurred in carrying on a business for the purpose of gaining or producing assessable income”.

Do I need to register for GST?

Any business operator will need to consider registering for GST once they estimate that within any income tax year they will be exceeding $75,000 in annual turnover.

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