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Our Services


BOOKKEEPING

Small business owners generally spend loads of time on administration, record keeping and date entry for the business. Our experienced bookkeepers can assist from software setup, data entry, reconciliation, accounts payable and receivable, payroll, insurance, month and year end accounts and reporting, and more.

We can keep your records accurate, up to date and processed with minimum disruption to your business.
 

Get your FREE copy of the Tax Deductions Checklist!

 
TAX COMPLIANCE

We can look after the preparation and lodgement of your annual return obligation - combining with our bookkeeping services, we sure can take the accounting and record-keeping burden of your shoulders.

We make your compliance our top priority allowing you to focus on what you do best – that is, to manage and grow your business.
 

 
BUSINESS PLANNING & ADVISORY

Establishing the right business structure is essential for protecting your assets against unforeseeable circumstances or losses. When the right structure is chosen, the business assets can be saved from any potential litigation, and to avoid losing control of your business. The competing issues of tax, preferred exit strategies and regulations amongst other matters will need to be balanced in this critical decision. 

Regardless whether you are planning to purchase an existing business, a brand-new start-up business, an established enterprise or looking to exit an existing business, we can help with your business needs.

Every business is different! We will work closely with your management and gain a thorough understanding of your business needs and the industry, and provide specialist knowledge and objective advice to help your business meet its full potential. We will also provide thorough and objective review of your current operations to reduce costs, improve efficiency and increase profitability.
 

 
ESTATE PLANNING

Succession planning is an important stage but often is overlooked as it’s normally considered by the business owner as a lower priority among hundreds of other to-do things. While it sounds as easy as stepping out of the business and another family member taking over, it needs careful planning and attention to ensure the business continuity.

Estate planning will give you the peace of mind knowing your hard-earned assets will be dealt with in the manner you choose. While it should be a time to celebrate the continuation and previous success of the family business, it can too often result in family disputes and the breakdown of relationships.

We will work with your legal representative and financial planner, and set up a plan to achieve your estate planning requirements.
 

 
SUPERANNUATION

With effective tax rates and increased control over assets and investment choice, it’s no surprise that Self Managed Super Funds (SMSFs) are Australia’s fastest growing investment vehicle.

In order to access these benefits an SMSF must comply with the legislation and regulations.  There’s also a large administrative tasks, ongoing minutes and trustee meetings, monitoring contributions and pension withdrawal, updating market value of fund’s assets, preparing reports and organising an annual audit – all of which can be time consuming and therefore take your attention away from your focus on managing the growth of wealth for the retirement benefit of members.

We can provide the relevant strategies that suit your circumstances in order to achieve member’s needs, from accessing benefits to maximising their SMSF’s balances or purchasing real estate via finance in the SMSFs, etc.
 
Additionally, our Financial Planning division will provide the investment advices and products tailored to suit your individual needs.
 

 
ACCOUNTING SOFTWARE IMPLEMENTATION

The development of cloud based accounting software represents the next generation of record keeping technology and can be a more efficient and innovative way to monitor and follow the financial performance of your business.

Traditionally, small business owners spend loads of time on administration, record keeping and date entry for the business. Cloud based accounting gives the business owners the ability to access to real-time data, which allows greater engagement with their own business operations as well as collaboration with accountants and advisors and assists in making decisions. Cloud based accounting software has all you need to manage your numbers effortlessly.

Cloud based accounting software can be accessed from any computers, smartphones or tables and from anywhere is the world 24/7 as long as there is an internet connection. It's a revolutionary way to manage your business's finances at the click of a button. Also Multiple users can access one data file at the same time which allows you, your team, and importantly your advisor to access the same data and work on it simultaneously. Spending less time on data management means less cost to your business.  Moreover, it allows your accountants and advisors to deliver timely recommendations and real time planning. 

Already have an existing non-cloud based accounting software? No worries. Any existing financial data for the business can be converted to the cloud based accounting so there will be no interruption. Store your files and transactions in one place online for easy access from anywhere.

Some great features of cloud based accounting software are:

  • Multi-currency: Automatically track gains and losses across multiple currencies.
  • Online invoicing: Create and send quotes in minutes using the contact, inventory and pricing information you’ve set up in Xero. Use your smartphone to send quotes on the the spot, from wherever you are.
  • Mobile app: Capture expenses, invoice and reconcile while you’re on the move.
  • Accept payments: Get paid sooner by accepting payments from online payment services like PayPal and Stripe.
  • Additional add-ons to meet your business needs:

Payroll + HR – Payroll and time billing made easy

Billing – Billing uploading apps that saves you time on chasing invoices and data entry

Inventory – Online inventory system allowing accurate costs, margins and stock control

Point of Sale – Syncronize sales data into your cloud based accounting software in real time

Job management - Track the time and money you’re spending on jobs, and where you can be more profitable.

Debtor tracking – Automated reminder services getting you paid faster and saving your time

We can help you to evaluate the systems and requirements and recommend the cloud based accounting software that best suits your business needs. Some of the most popular service providers include:

We can also provide software support, training and system management if required.

 
FINANCE AND GRANTS ASSISTANCE

A range of financing options is available to businesses and individuals, from short term working capital assistance to long term business or property finance. We have partnered with a wide range of financial specialists and advisors who can assist our clients with their finance needs.

We can work with you to evaluate the best financing strategy for your business and provide the expertise required to access capital. We can also help you identify and access the most appropriate grants for your business.
 


SECRETARIAL SERVICES

We provide a wide range of business secretarial services including:

  • Company formation
  • Trust setup and deed amendment
  • Application of ABN, TFN and registration of other obligation, e.g. GST, PAYG withholding Tax, Wine Equalisation Tax, land tax, payroll tax etc
  • Maintenance of corporate statutory books
  • ASIC corporation details maintenance and updates
     

Contact Us

+61-2-7901 9653
info@nhbt.com.au
Level 13, 447 Kent St Sydney NSW 2000

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Liability limited by a scheme approved under Professional Standards Legislation

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