6 Key Questions to Ask Your Accountant

The Australian Small Business Show

Welcome to this weeks’ episode of The Australian Small Business Show!

In this weeks episode we are focusing back on the numbers side of business. For many of you this is the time of year that you may be working with your accountant to get your year-end finalised and tax returns lodged. And you may thing that your accountant will proactively filling you in on all the things you need to know and do, in order to improve things for next year. Unfortunately, that’s not always the case.

Today Matt is sharing 6 key questions he thinks every business owner should be asking their accountant right now.

These questions centre around:

• Looking at business structures and assessing whether it’s time for a change;
• Asking about cashflow improvements
• Are there ways to pay less tax(legally)?
• What about changes to legislation, does any of that impact you?
• Is it time for professional financial advice;
• And of course how is your business performing?

Being proactive with asking your accountant questions like these helps ensure you are maximising that relationship and making appropriate changes, updates and improvements to support your business moving forward.

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* Disclaimer: The information shared on The Australian Small Business Show is general in nature and does not constitute professional advice, legal or otherwise. We recommend consulting with your advisors on your specific circumstances