Business Details
Your Trusted Partner for Accounting Solutions in Melbourne
Essential Tax & Accounting is a sole practitioner Chartered Accounting and Business Advisory firm based in Melbourne's eastern suburbs. With over 30 years of combined experience, our team delivers personalized tax compliance, business advisory, and accounting solutions tailored to clients across industries. We pride ourselves on proactive service, leveraging expertise in cloud-based accounting software like MYOB, Xero, and Supermate to streamline financial management.Our focus on benchmarking, strategic planning, and specialist services such as self-managed superannuation funds ensures clients receive actionable insights to drive growth. As MYOB Gold Partners and Chartered Accountants, we combine technical excellence with a commitment to long-term client relationships, ensuring compliance and financial optimization for businesses of all sizes.
Services
Tax Compliance
Business Advisory
Online Accounting
Self-Managed Superannuation
Strategic Planning
Payroll Services
Estate Planning
Farm Accounting
Rental Property Services
Company Secretarial
Highlights and features
- We offer over 30 years of combined experience in Chartered Accounting.
- Our personalized service ensures tailored solutions for tax and business needs.
- We specialize in cloud-based accounting software integration for efficiency.
- We provide proactive advice to minimize tax liabilities and drive growth.
- Our team includes MYOB Gold Partners with technical expertise in business advisory.
Associations and certifications
- MYOB Gold Partner
Services
Tax Compliance
We offer comprehensive tax compliance services, including preparation and lodgement of income tax returns, activity statements, and GST/FBT obligations for individuals, companies, trusts, and superannuation funds. Our team ensures adherence to ATO requirements while identifying tax minimization opportunities. With expertise in handling ATO audits and disputes, we provide strategic advice to optimize tax outcomes for clients across industries.
Online Accounting
Our cloud-based accounting solutions integrate platforms like MYOB, Xero, and Supermate to streamline financial management. We assist with software selection, setup, and ongoing support, enabling real-time collaboration and accurate reporting. As MYOB Gold Partners, we ensure businesses leverage these tools for efficient bookkeeping, payroll, invoicing, and tax compliance while adapting to evolving needs.
Business Advisory
We provide tailored business advisory services, including benchmarking, cashflow forecasting, budgeting, and strategic planning. Our team helps clients analyze performance metrics, develop growth strategies, and implement systems for improved financial management. By understanding industry-specific challenges, we deliver actionable insights to enhance profitability and long-term sustainability.
Self-Managed Superannuation Funds
We specialize in establishing and managing self-managed superannuation funds, ensuring compliance with regulatory requirements. Our services include trust deed preparation, tax return lodgement, audit coordination, and investment strategy advice. We guide clients through SMSF setup and ongoing administration to secure their financial retirement goals while minimizing tax liabilities.
Payroll Services
Our comprehensive payroll services handle PAYG withholding, superannuation calculations, leave entitlements, and ATO compliance. We offer customized payslips, automated reporting, and integration with accounting software to reduce administrative burdens. By managing payroll processing and HR compliance, we enable businesses to focus on core operations while ensuring employee satisfaction.
People
David Luttrell
Director & Principal
With over 30 years in accounting, including 20+ years at a mid-tier firm, David specializes in tax and business advisory for high-net-worth individuals and SMEs. He focuses on delivering strategic solutions to enhance client financial outcomes.
David Lancaster
Senior Accountant
A qualified CPA with 30 years in small practices, David provides holistic accounting and tax solutions. He prioritizes client relationships and practical advice to support business growth and compliance.
Lili Ma
Accountant
Lili brings expertise in online accounting platforms and tax returns for diverse entities. Her background as a company accountant ensures clients receive efficient, technology-driven financial management solutions.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, budgeting, payroll, cashflow forecasting, and strategic planning tailored to small businesses.
Do you specialize in tax compliance for individuals and companies?
Yes, we prepare and lodge income tax returns, activity statements, and offer tax minimization strategies for all entities.
Can you assist with self-managed superannuation funds (SMSFs)?
We help establish SMSFs, handle compliance, and provide ongoing management advice to meet retirement goals.
Are you experienced with cloud-based accounting software?
As MYOB Gold Partners and Xero experts, we implement and support cloud solutions like MYOB, Xero, and Supermate.
Do you offer business succession planning services?
Yes, we design succession plans to ensure smooth transitions for business owners and their heirs.
What specialist services are available for property investors?
We provide tax-effective rental property management, including compliance, forecasting, and ownership structure advice.
Reviews (1)
Shanti Wickramasinghe
Jun 16, 2018
Report
Knowledge and experience together with great service. Staff very friendly and nothing is too much trouble. Highly recommend.
