Business Details
20 Years
experience
Trusted Accounting & Business Solutions in Melbourne
Penn Business Solutions of Melbourne, Victoria, has been dedicated to empowering businesses through expert accounting and strategic advisory services since 2006. Our team of Chartered Accountants, registered tax agents, and business consultants brings decades of combined experience in taxation, compliance, and business growth strategies. We specialise in tailoring solutions for small to medium enterprises, including manufacturers and property investors, with a focus on self-managed superannuation funds. Utilising cutting-edge technology, we partner with clients to deliver proactive advice that addresses both immediate needs and long-term objectives.Our client-centric approach ensures personalised service, whether you're launching a new venture or navigating complex financial transitions. With a proven track record of helping businesses optimise their financial performance, we combine technical expertise with practical insights to drive sustainable success. Our commitment to excellence is reflected in our membership with professional bodies such as the Tax Institute of Australia, ensuring our clients receive advice that meets the highest industry standards.
Services
Business Compliance
Taxation Services
Business Structure Advice
Strategic Planning
Self-Managed Superannuation Funds
Bookkeeping
GST Management
Cash Flow Forecasting
Succession Planning
Management Consulting
Details
- Year established: 2006
Highlights and features
- We offer 17+ years of experience in accounting and business advisory services.
- Our team includes Chartered Accountants and registered tax agents with specialist expertise.
- We provide tailored solutions for manufacturers, property investors, and SMEs.
- We utilise advanced accounting technology for accurate, efficient service delivery.
- Our proactive approach identifies opportunities to optimise business performance.
Associations and certifications
- Chartered Accountants Australia and New Zealand
- Tax Institute of Australia
Services
Business Compliance
We ensure businesses meet all regulatory requirements while minimising tax liabilities. Our services cover GST, income tax, and business activity statements. With expert knowledge of Australian tax law, we help clients maintain compliance while optimising financial outcomes through strategic planning and accurate reporting.
Business Structure Advice
We review organisational frameworks to optimise business performance. Our specialists advise on company formations, trust structures, and self-managed superannuation funds. By analysing your specific circumstances, we recommend structures that balance tax efficiency, asset protection, and growth potential for long-term business sustainability.
Strategic Planning
We develop tailored growth initiatives through financial analysis and market assessment. Our strategic planning services include cash flow forecasting, budgeting, and succession planning. By identifying key performance drivers, we help businesses implement actionable strategies to achieve both short-term objectives and long-term expansion goals.
People
Carmelo Montalto
Director
Chartered Accountant with 20+ years' experience specialising in SME advisory services. Fellow of the Tax Institute of Australia and registered tax agent. Joined Penn Business Solutions in 2006, became director in 2011, focusing on business growth strategies and tax compliance solutions.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, GST management, tax compliance, and financial reporting services tailored to small businesses in Melbourne.
Do you specialise in any particular industry sectors?
We have particular expertise working with manufacturers, property investors, and small to medium enterprises across various industries.
Can you help with business structure optimisation?
Yes, we advise on company formations, trust structures, and self-managed superannuation funds to optimise tax efficiency and asset protection.
What strategic planning services are available?
We offer cash flow forecasting, budgeting, succession planning, and growth strategy development to support business expansion goals.
How do you stay updated with tax regulations?
Our team maintains memberships with professional bodies like the Tax Institute of Australia to ensure compliance with current legislation.
