Newcastle Accountants | Maitland Accountants | Bottrell Offices located in Newcastle, Maitland. Your local Accountants, Tax Agents & Advisors in Newcastle & Maitland.

Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants

Bookkeepers Newcastle

Bookkeepers Newcastle: Your Financial Clarity Partners

Modern Approach to Bookkeeping

Running a business involves juggling multiple tasks, and bookkeeping often falls into the “time-consuming” category. That’s where Newcastle Bookkeeping Solutions comes in. We’re not your average bookkeepers; we’re your financial clarity partners.

Our Newcastle & Maitland Offices:-

  • Newcastle Accountants & Advisors – 45 Hunter Street, Newcastle.
  • Maitland Accountants & Advisors – 93 Lawes St, East Maitland.

Here’s why you should choose us:

1. Expertise and Commitment:

  • Our team of expert bookkeepers is professional, qualified, and committed to ongoing training. We stay abreast of the frequently changing legislations within our industry.
  • Confidentiality is paramount. We guarantee not to outsource our work overseas or discuss your accounts with any third party without your express consent.

2. Industry Insights:

  • Our current clients span various industries, including medical, real estate, hotels, retail, cafes, child care, and trades. This broad experience gives us insight into industry-specific issues and proven solutions.

3. GST and PAYG Compliance:

  • As registered BAS Agents, we handle all your GST and PAYG requirements. Our expert knowledge ensures the best possible outcome for your business.
  • We deal with the ATO on your behalf, allowing you to focus on running your business.

4. Payroll Made Easy:

  • Payroll is time-consuming and subject to constantly changing legislation. Let us handle it for you.
  • From timesheet entry to leave accrual, award interpretation, superannuation lodgements, and new employee setups, we’ve got you covered.

5. Accounts Receivable:

  • We prepare and distribute your sales invoices, track payments, and chase up outstanding amounts.
  • Promote healthy cash flow by sending out invoices promptly.

6. Accounts Payable:

  • We manage your payables efficiently, ensuring bills are paid on time and avoiding late fees.
  • Stay organized and maintain strong vendor relationships.

Tailored Solutions for Every Business

Every business is unique, and we understand that. Whether you need daily, weekly, fortnightly, monthly, or quarterly assistance, Newcastle Bookkeeping Solutions has the perfect solution for you. Our services can be performed at your premises or offsite from our centrally located office in Broadmeadow.

Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants

How to contact us

  • In Person: Visit our conveniently located office at 45 Hunter St, Newcastle, NSW, 2300.
  • Online: Schedule a virtual appointment via Zoom or Teams for added convenience.
  • Mobile Tax Services: Benefit from the flexibility of having our expert CPA Newcastle accountants come to you for tax assistance.
  • Onsite Services: Enjoy personalized services delivered directly at your place of business.

At Bottrell Accounting, we’re more than just consultants and accountants; we’re your strategic financial partners. Contact us today to discover how we can help you achieve your financial goals and secure a prosperous future .

Google Business Pages – Bottrell Accountants & Tax Agents

Bottrell Accountants Main Website –

Accountant Newcastle – 45 Hunter St, Newcastle, NSW, 2300

Accountant Maitland – 93 Lawes St, East Maitland, NSW, 2320

Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants
Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants
Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants
Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants
Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants

Our Accounting Services

GST Compliance:

Stay on top of Goods and Services Tax (GST) requirements. We handle lodgments, reconciliations, and compliance, ensuring accuracy and peace of mind.

Payroll Management:

Efficient payroll processing is crucial. Let us handle employee wages, superannuation, and leave accruals, so you can focus on growing your business.

Accounts Payable:

Avoid late fees and maintain vendor relationships. We handle your payables, ensuring bills are paid on time.

Accounts Receivable:

Streamline your invoicing process. We manage sales invoices, track payments, and follow up on outstanding amounts.

Financial Reporting:

Get clear insights into your business’s financial health. We prepare profit and loss statements, balance sheets, and cash flow reports.

Customized Bookkeeping Solutions:

Tailored services to fit your unique needs. Whether it’s daily, weekly, or monthly assistance, we’ve got you covered.

Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants

GST Compliance: Navigating the Tax Maze

Understanding Goods and Services Tax (GST)

Goods and Services Tax (GST) is a consumption tax levied on most goods and services in Australia. As a business owner, complying with GST regulations is essential. Let’s break it down:

  • Registration:
    • When your startup’s annual turnover exceeds $75,000 (or $150,000 for non-profit organizations), you must register for GST.
    • We guide you through the registration process, ensuring timely compliance.
  • Collecting GST:

    • If your business is registered for GST, you’ll charge GST on sales (output tax).
    • We help you calculate the correct GST amount and issue tax invoices.
  • Claiming Input Tax Credits (ITCs):

    • As a GST-registered business, you can claim ITCs for GST paid on business purchases.
    • We assist in tracking eligible expenses and maximizing your ITCs.
  • BAS Lodgments:
    • Business Activity Statements (BAS) are submitted to the ATO periodically (monthly, quarterly, or annually).
    • We prepare and lodge your BAS accurately and on time.
  • GST Reporting:
    • We generate detailed GST reports, including GST collected, GST paid, and net GST payable.
    • Stay informed about your financial position.

Common GST Challenges and How We Address Them

  • Complex Transactions:
    • GST treatment can be intricate for certain transactions (e.g., imports, exports, property sales).
    • We analyze each transaction and apply the correct GST treatment.
  • Changing Business Circumstances:

    • Startup dynamics evolve. We adapt your GST strategy as your business grows.
    • Whether you expand, downsize, or diversify, we’re here to guide you.
  • ATO Audits and Reviews:

    • Facing an ATO audit? Don’t panic. We ensure your records are audit-ready.
    • Our meticulous documentation minimizes audit risks.

How We Simplify GST Compliance

  • Regular Reviews:

    • We review your transactions periodically to identify any discrepancies.
    • Early detection prevents costly errors.
  • Education and Training:

    • We educate your team on GST compliance best practices.
    • Empower your staff to handle GST-related tasks confidently.
  • Customized Solutions:

    • No two businesses are alike. Our solutions are tailored to your specific needs.
    • Whether you’re a sole trader, partnership, or company, we’ve got you covered.

Ready to Stay GST-Compliant?

Contact our Newcastle office today to schedule your GST Compliance Consultation. Let’s navigate the tax maze together!

Accountants Newcastle – 45 Hunter St, Newcastle, NSW, 2300

Accountants Maitland – 93 Lawes St, East Maitland, NSW, 2320

Why Choose Newcastle Bookkeeping Solutions?

Over Three Decades of Expertise:

With more than 30 years in the industry, our team at Newcastle Bookkeeping Solutions brings a wealth of knowledge and practical insights specifically tailored to startups in Newcastle. We understand the challenges you face, and our experience ensures accurate and efficient bookkeeping.

Qualified Professionals:

Our skilled bookkeepers include:

  • Chartered Accountants (CA)
  • Certified Practicing Accountants (CPA)
  • Tax Agents
  • Financial Planners
  • Bookkeepers

We cover all aspects of accounting, taxation, and financial planning. Whether it’s managing your payroll, handling GST compliance, or streamlining your financial records, our team is equipped to support your startup.

Personalized Service:

We recognize that every client is unique. Our personalized approach ensures that your specific needs are met. From understanding your business model to tailoring solutions, we’re committed to your success.

Local Expertise in Newcastle & Maitland:

As your trusted bookkeepers in Newcastle, we have a deep understanding of the local business landscape. We’re not just number-crunchers; we’re part of the community. Our insights into Newcastle’s economic climate, industry trends, and regulatory environment benefit your startup.

Dedicated to Your Financial Success:

Our commitment extends beyond numbers. We’re passionate about helping startups thrive. Whether it’s maintaining accurate records, optimizing tax strategies, or providing strategic advice, we’re here for you.

Visit Our Accounting Offices:

  • Newcastle Accountants & Advisors: 45 Hunter Street, Newcastle.
  • East Maitland Accountants: 93 Lawes St, East Maitland.

Ready to partner with Newcastle Bookkeeping Solutions? Contact us today!

12+ Years Experience

With over a decade of experience, trust Bottrell Accountants & Financial Advisors for seasoned financial expertise.

Award Winning

Benefit from the knowledge and expertise of our certified accountants, who excel in their respective fields.

Qualified Accountants

Our team of chartered accountants & CPA, with over a decade of experience, brings a deep understanding of East Maitland's business landscape.

Specialist Services

Explore our specialized tax services, covering everything from individual income tax to corporate tax planning.

Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants

Newcastle Accounting Services

In Newcastle, Bottrell Accounting is a trusted partner for businesses and individuals seeking reliable financial services. Our firm offers strategic tax planning, financial statement preparation, and business advisory to help businesses thrive in the dynamic Newcastle market. For individuals, our tax preparation and financial planning services provide personalized guidance for navigating tax laws and achieving financial milestones. With a commitment to excellence, Bottrell Accounting is proud to serve the Newcastle community. Your local Newcastle Accountants.

Bottrell Accountants, Tax Agents & Financial Planners located in Newcastle, servicing Newcastle & Hunter Region.

Newcastle Accountants & Advisors:

  • Office: 45 Hunter St, Newcastle, NSW, 2300
  • Phone: 02 40034808
  • Newcastle Accountant Email –

Bottrell Head Office 1300 788 491

Newcastle Page for more Information.

Google Business Pages – Bottrell Accountants & Tax Agents

Bottrell Accountants Main Website –

Newcastle Page for more Information.

Accountants Newcastle –

#newcastleaccountant #newcastleaccountants 

Payroll Management: Ensuring Smooth Financial Transactions

What Is Payroll Management?

Payroll management is the process of administering employees’ financial records, including salaries, benefits, taxes, and deductions. It encompasses various tasks that ensure employees receive accurate compensation while adhering to legal requirements.

Key Functions of Payroll Management

  1. Calculating Payroll:

    • The payroll manager verifies employees’ salary and hourly rates, accounting for overtime hours, vacation time, holiday pay, and sick leave.
    • Mandatory deductions (such as income tax and superannuation) and optional deductions (like health insurance) are also applied.
  2. Processing Payroll Taxes:

    • Employers have an obligation to pay correct taxes. Failure to do so may result in penalties.
    • Compliance with tax laws ensures timely payment of payroll taxes and avoids legal repercussions.
  3. Keeping Records:

    • The Australian Taxation Office (ATO) mandates that employers maintain payroll records for each employee for at least 5 years.
    • Employees can access their payment summary information through myGov.
  4. Maintaining Compliance:

    • Employers must generate and submit Single Touch Payroll (STP) reports directly to the ATO with every payroll run.
    • Compliance ensures accurate reporting and transparency.

Common Challenges in Payroll Management

  1. Complex Transactions:

    • Certain transactions (such as imports, exports, or property sales) require careful handling regarding GST and other tax implications.
    • Our expertise ensures accurate treatment of complex scenarios.
  2. Changing Business Circumstances:

    • Startups evolve. Whether you expand, downsize, or diversify, we adapt your payroll strategy accordingly.
    • Flexibility is key to managing changing circumstances.
  3. ATO Audits and Reviews:

    • Facing an ATO audit can be daunting. Our meticulous record-keeping minimizes audit risks.
    • We ensure your payroll processes withstand scrutiny.

How We Simplify Payroll Management

  1. Regular Reviews:

    • Periodic reviews help identify discrepancies early, preventing costly errors.
    • We proactively address any issues to maintain accuracy.
  2. Education and Training:

    • We empower your team with knowledge about payroll compliance.
    • Understanding employment laws and regulations is essential for smooth payroll management.
  3. Customized Solutions:

    • Every business is unique. Our solutions are tailored to your specific needs.
    • Whether you’re a sole trader, partnership, or company, we provide personalized support.
Bottrell Accountants | Newcastle Accounting Firm | Maitland Accountants