Amarose Group Gold Coast Business Accountant Tax Accountant Profit First
0414 017 410
Frequently Asked Questions

Frequently Asked Questions

Got questions about your business accounting? You’re not alone. Below, we’ve answered the most common business accounting questions we get from clients across Australia.

What services does Amarose Accounting offer?

At Amarose Accounting, we offer a full range of accounting and advisory services to help you grow your business and feel confident about your finances. Our services include:

  • Small business accounting and financial reporting
  • BAS preparation and lodgement
  • Individual and business tax returns
  • SMSF and investment property accounting
  • Business structure advice for sole traders, companies, trusts, and partnerships
  • Profit First implementation and coaching
  • Cash flow forecasting and budget planning
  • Xero setup, training, and ongoing support
  • Support with ATO correspondence and compliance
  • Start-up advisory and new business setup
  • and more...

Whether you’re just starting out or running an established business, we offer tailored packages designed to suit your goals, industry, and stage of growth. For more information, check out the ATO's business accounting guidelines.

Do you only work with businesses?

While we specialise in supporting small businesses, we also work with individuals who need help with investment properties, financial reporting, and tailored guidance. We’re here for startups too, offering advice to help you get set up with confidence.

Whether you're a sole trader, running a company, managing a trust, SMSF, or partnership—we’re here to help. We take the time to understand your unique circumstance, provide personalised advice, and support you all year round—not just at tax time.

Can Amarose Accounting help me set up a new business?

Absolutely. We help you choose the right business structure, register your ABN and company, and set up accounting systems to keep things simple from the start.

What is Profit First and how can it help my business?

Profit First is a cash flow management system designed to help you take control of your finances by putting profit first—literally. Whether you’re a sole trader or running a larger business, Profit First helps you stay financially organised, reduce money anxiety, and create a business that truly supports your lifestyle. We can show you how to implement it and build a more sustainable business.

Can Amarose Accounting help me set up or manage a Trust?

Yes, we can help you set up and manage Family Trusts, Unit Trusts, and other structures. We’ll guide you through the setup process, explain your obligations, and ensure everything is compliant with the ATO.

Do you offer support for Self-Managed Super Funds (SMSFs)?

Yes, we do. We provide expert support for Self-Managed Super Funds (SMSFs), whether you're looking to set one up or need help managing an existing fund. We can assist with SMSF setup, compliance obligations, tax returns, and financial reporting. Our team works closely with trusted SMSF auditors to ensure your fund stays fully compliant with ATO regulations.

We also help you understand your responsibilities as a trustee, so you can make confident, informed decisions about your retirement strategy. If you’re considering an SMSF or already have one in place, we offer straightforward advice and ongoing support to keep everything on track.

Do I need to use Xero to be a client?

While we love Xero and recommend it for its ease of use and smart features, we also work with other software like MYOB and QuickBooks. If you're already using another platform, that’s no problem—we’ll meet you where you’re at and can support you through a transition if and when you're ready.

For more information on Xero, check out Xero's website.

How much do your services cost?

We offer tailored packages based on your business needs. Book a Free Discovery Call so we can learn more about you and provide a quote that works for your goals and budget.

Is Amarose Accounting a registered tax agent?

Yes. We are fully registered with the Tax Practitioners Board and follow all ATO compliance requirements.

Do you offer support year-round or just at tax time?

We’re here for you all year round—not just during tax season. Our team believes in building long-term partnerships with our clients. That means offering proactive advice, regular check-ins, and ongoing support to help you stay on top of your finances throughout the year.

Whether you need help with BAS lodgements, cash flow planning, payroll, business strategy, or unexpected ATO correspondence, we are here to help. We don’t just crunch numbers—we walk alongside you as your business grows and evolves.

Can I switch to Amarose if I already have an accountant?

Absolutely—and we’ll make it easy for you. Switching accountants is more straightforward than you might think. We’ll handle the handover process, contact your previous accountant (so you don’t have to), and make sure everything moves across smoothly. You can sit back and relax while we get you sorted.

How do I get started?

Fill out our Contact Form or Book a FREE Discovery Call.

We’ll take the time to understand your situation, answer any questions you have, and talk through how we can support you moving forward.

These business accounting questions are just the beginning. Got more? Talk to us today!

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As a Profit First Professional, I am authorised by the trade mark owners to use and display the following registered trademarks: Profit First Professionals® and Profit First®. These trademarks may only be used and displayed by authorised licensees.
Amarose Accounting is committed to equality, inclusivity and respect.  We acknowledge the Traditional Owners of the land on which we live and work. We pay our respects to Elders past and present, and recognise their enduring connection to Country, culture, and community. We are committed to walking together towards a more inclusive and respectful future.
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