Business Details
Expert Accounting & Financial Services in Lang Lang
Abacus Professional Services has been delivering taxation, superannuation, and business advisory solutions for over 30 years. Specialising in small to medium enterprise (SME) development, we provide tailored accounting, business structuring, and wealth creation strategies. Our approach combines client-specific insights with industry expertise to enhance business profitability and personal financial growth.We prioritise personalised service, confidentiality, and value-for-money outcomes, supporting clients through all stages of business ownership. Our team maintains continuous professional development to ensure compliance with evolving regulations while offering innovative solutions for tax optimisation, cash flow management, and strategic planning.
Services
Accounting for Tradespeople
Benchmarking Analysis
Negative Gearing Advice
Recession-Proof Strategies
Self-Managed Super Funds
Business Start-Up Support
Highlights and features
- We offer 30+ years of specialised accounting expertise for tradespeople and SMEs
- Our team provides tailored business structuring and tax optimisation strategies
- We guarantee personalised service with confidentiality and cost-effectiveness
- Our benchmarking tools help businesses improve profitability through data-driven insights
- We deliver comprehensive financial education to empower client decision-making
Services
Accounting for Tradespeople
Specialised accounting solutions for tradespeople, including cash flow management, job costing, and compliance with GST, BAS, and PAYG obligations. We simplify financial processes for construction and trades businesses, offering software selection assistance and tax-efficient strategies. Our services help tradespeople reduce administrative burdens while maintaining compliance and improving profitability through tailored financial reporting.
Negative Gearing Advice
Comprehensive guidance on negative gearing strategies for property investors. We analyse tax implications, cash flow impacts, and long-term wealth creation potential. Our services include 10-year cash flow projections, loan structuring advice, and capital gains tax planning. We help clients understand depreciation impacts and optimise tax deductions while managing investment risks associated with geared property portfolios.
Self-Managed Super Funds
Specialist advice on establishing and managing self-managed superannuation funds. We assess suitability based on financial position and retirement goals, providing compliance support for ATO regulations. Our services include fund setup, investment strategy development, and annual audit coordination. We help clients balance control over investment choices with the responsibilities of trustee obligations and long-term retirement planning.
Business Benchmarking
Comparative performance analysis against industry standards to identify business strengths and weaknesses. We generate detailed reports on key metrics like gross profit margins and staff costs, using benchmarking data to develop improvement strategies. Our service includes competitor comparison, operational efficiency analysis, and action plans for enhancing profitability through data-driven decision-making.
Recession-Proof Strategies
Strategic planning to enhance business resilience during economic downturns. We focus on cash flow optimisation, cost management, and operational efficiency improvements. Our services include financial record enhancement, budget forecasting, and working capital management. We help businesses develop contingency plans, improve debt collection processes, and implement stock control systems to maintain liquidity during challenging economic conditions.
People
Sue Anderson
Director/Business Tax Accountant
With extensive experience in business taxation and SME advisory services, Sue leads strategic client engagements. She specialises in helping tradespeople and small businesses optimise financial operations while maintaining compliance with regulatory requirements.
Sarah Bancroft
Accountant
Sarah provides comprehensive accounting services with a focus on client education and financial literacy. She supports businesses in implementing effective record-keeping systems and tax compliance strategies tailored to their operational needs.
Vicki Matchett
Tax Consultant
Vicki specialises in tax planning and compliance, assisting clients with complex taxation matters. Her expertise includes negative gearing structures, business succession planning, and superannuation strategies to optimise client financial outcomes.
Questions
What accounting services do you offer for tradespeople?
We provide tailored accounting solutions including cash flow management, job costing, compliance with GST/BAS/PAYG obligations, and software selection assistance specifically designed for trades and construction businesses.
How can negative gearing benefit my property investment?
Negative gearing allows tax deductions for investment property expenses exceeding rental income. We help optimise this strategy while managing associated risks through cash flow analysis and loan structuring advice.
Do you assist with self-managed super fund establishment?
Yes, we provide comprehensive SMSF services including suitability assessment, fund setup, compliance support, and investment strategy development to help clients manage their retirement funds effectively.
What business benchmarking services do you provide?
We offer comparative performance analysis against industry standards, generating reports on key metrics like gross profit margins and staff costs to develop targeted improvement strategies.
How can you help businesses prepare for economic downturns?
Our recession-proofing services focus on cash flow optimisation, cost management, and operational efficiency improvements through financial record enhancement and contingency planning.
Do you support new business start-ups?
Yes, we provide comprehensive start-up support including business structure advice, tax registrations, accounting system setup, and cash flow budgeting to establish strong financial foundations.