Smarter Accounting. Fixed-Fee Clarity for Melbourne SMEs.
Melbourne Small Business Accountants – Fixed-Fee, Advisory-Led
Accredited. Connected. Trusted.
Certified Melbourne Accountants Backed by Australia’s Leading Platforms
Founders, Clinics, and Brands Who Trust Our Numbers
What Our Clients Are Saying
Fantastic service and such an easy experience from start to finish. My accountant made everything clear and stress-free. Highly recommend!
Maria P
Founder of MWM Pilates
42 have been outstanding for our clinic. They handle our Tax, BAS, payroll, and complex medical structures with absolute precision.
Belinda C
PM of Family First Medical Centre
As an online retailer, our sales move quickly across multiple platforms. 42 Advisory built clear reporting, managed our inventory accounting
Katerina P
CEO of Watches of Mayfair
Built for Melbourne’s Business Owners
Who We Help
We work with Melbourne SMEs across the south-eastern corridor — from Chadstone and Oakleigh to Bentleigh and Glen Iris — providing clarity, structure and tax certainty at every stage of growth.
Whether you’re launching a startup, managing payroll for a growing team, or scaling your family business, our fixed-fee model keeps your accounting predictable and your focus on expansion.
We partner with clients across retail, medical, construction and professional services — translating numbers into strategies that drive smarter decisions.
We Have Answers
Comprehensive Accounting & Compliance Services for Melbourne SMEs
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Tax compliance
We manage all tax obligations for your business, including company and trust tax returns, BAS/IAS Lodgements, GST reporting and PAYG withholding. Our fixed-fee structure ensures your tax compliance work is completed on time with no surprise costs.
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Fixed-Fee Bookkeeping & Payroll
End-to-end bookkeeping and payroll management for Melbourne businesses with fewer than 30 employees. We reconcile your accounts, process payroll, manage superannuation and maintain accurate financial records — all included in a simple monthly subscription.
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3-Way Forecasting & Cashflow Planning
We provide integrated profit, balance sheet and cashflow forecasts to help you understand future financial performance, plan staffing, budget for tax, and manage growth confidently.
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Crypto Tax for investors and traders
We assist investors and active traders with accurate crypto tax reporting, including capital gains, staking income, DeFi activity and exchange reconciliations. Our team reviews wallet and exchange data, prepares compliant records, and ensures all transactions are correctly classified under ATO guidelines. This service integrates into your fixed-fee package, giving you clear, compliant reporting without the complexity of managing crypto tax yourself.
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Industry-Specific Support (IT, Tech, E-Commerce, Medical, Retail, Gyms. Professional)
Tailored accounting and advisory services for professionals, clinics, agencies, e-commerce stores, retail operators, tech businesses and gym/fitness centres. Optimised workflows and reporting designed for each industry.
One Advisor, Complete Clarity
Work directly with a dedicated senior accountant who understands your business in detail — not a rotating team. You receive consistent guidance, timely answers and full visibility over your financial position whenever you need it.
Strategic Advice, Not Just Lodgements
We look past the minimum requirements. Our team supports your growth with tailored tax strategies, 3-way cashflow forecasting and proactive insights that help you plan ahead with confidence. Clear advice, delivered before you need to ask.
Tailored for Melbourne SMEs
Whether you’re running a café in Chadstone, a clinic in Glen Iris or a growing tech or retail business in Bentleigh, we tailor our services to your industry and local needs. We help Melbourne SMEs streamline tax, strengthen cashflow and make better decisions year-round.
For Melbourne Businesses & Professionals
Business Tax Accountants Who Go Beyond the Numbers
Tax shouldn’t pull you away from running your business. At 42 Advisory, our Melbourne-based business tax accountants manage every step of the process — from monthly or quarterly BAS, FBT, TPAR obligations to year-end financials, tax returns and proactive tax planning — with precision and minimal disruption to your workflow.
We combine specialist tax expertise with efficient cloud systems to keep you compliant, reduce tax stress and identify opportunities for savings and growth. Whether you operate a small business, manage multiple income streams or need guidance across company, trust or investment structures, our team delivers tailored, fixed-fee support built around your goals.
Working with 42 Advisory means more than just ticking compliance boxes. You get:
Strategic tax guidance aligned to your structure, industry and long-term plans.
Clear communication from a senior advisor who knows your numbers.
Accurate, secure digital processes using streamlined, cloud-based accounting workflows.
Let us handle the compliance, deadlines, and reporting — so you can focus on running and growing your business with confidence.
We Have Answers
Comprehensive Business Tax & Accounting Services for Melbourne SMEs
At 42 Advisory, we support Melbourne’s small to medium-sized businesses — from Chadstone and Oakleigh to Bentleigh and Glen Iris — with a complete fixed-fee accounting and business tax solution.
Our services cover income tax returns, financial statements, BAS/IAS lodgements, GST, payroll, FBT, TPAR, bookkeeping, and strategic tax planning — all delivered under one predictable monthly fee.
We handle compliance and financial administration so you can focus on running and growing your business.
Using secure cloud-based systems and modern automation tools, our local Melbourne team provides fast turnaround, accurate reporting, and proactive communication to keep your business organised, compliant, and in control.
You May Need to Know
Frequently Asked Questions About Small Business Accounting
What is small business accounting?
Small business accounting is the process of tracking, managing, and reporting your business’s financial transactions — from sales and payroll to BAS, tax, and compliance.
At 42 Advisory, we help Melbourne SMEs stay on top of their numbers with fixed-fee accounting that includes income tax returns, financial statements, BAS/IAS lodgements, bookkeeping, payroll, and tax planning.
Accurate accounting helps you make informed decisions, maintain cashflow visibility, and stay compliant with ATO requirements.
Do I need an accountant for my small business in Australia?
Yes. While some business owners manage bookkeeping themselves, a registered accountant ensures your business meets ATO, GST, and PAYG compliance standards while identifying legitimate deductions and tax savings.
Our team at 42 Advisory supports Melbourne-based businesses with BAS, income tax, FBT, and TPAR obligations — ensuring you avoid errors and stay compliant year-round.
How much does small business accounting cost in Australia?
In Australia, small business accounting typically costs between $150 to $400 per month, depending on your structure and service needs.
At 42 Advisory, our fixed-fee packages start from $220/month, covering bookkeeping, payroll, BAS, tax returns, and planning — giving you predictable costs without hourly surprises.
What accounting software is best for small businesses in Australia?
The best accounting software for Australian small businesses depends on your industry and systems.
We are software agnostic — meaning we can work with any platform that suits your operations — including Xero, MYOB, QuickBooks, or industry-specific tools.
Our team regularly integrates accounting systems with eCommerce platforms and project management or costing apps.
While we prefer Xero for its automation and ease of use, we focus on designing workflows that fit your business — not the other way around.
When should I hire an accountant for my small business?
You should engage an accountant as soon as your business begins trading or hiring employees.
An accountant helps establish your business structure, register for GST or PAYG, set up compliant bookkeeping systems, and manage ATO deadlines like BAS and income tax lodgements.
At 42 Advisory, many of our Melbourne clients start with us early to prevent costly compliance errors and ensure their systems scale with growth.
How does small business accounting work?
Small business accounting involves recording financial transactions, categorising expenses, reconciling bank statements, lodging BAS/IAS, preparing tax returns, and generating financial statements.
At 42 Advisory, our advisory-led accountants manage this process through secure cloud-based systems, ensuring accurate data, automated workflows, and on-time ATO submissions.
We also provide business advice, payroll support, and tax planning — turning compliance into clarity.
What to Expect
How Our Business Tax Process Works
How It Works
Your Simple 4-Step Path to Smarter Tax Management
- Discovery & Proposal We start by understanding your business and outlining a clear plan. Think of it as receiving the map before the journey — a structured overview, free of guesswork.
- System Setup & Calendar Planning Next, we connect your accounting systems and establish your compliance calendar. Our team ensures deadlines are mapped out and automation is in place for smooth, timely lodgements.
- Monthly Processing & Lodgements Your bookkeeping, payroll and BAS/GST are handled with precision and predictability. Everything stays organised, aligned and under control — even when business gets busy.
- Strategic Advice & Business Support With 3-way forecasting and proactive tax guidance, you gain the insight needed to make informed decisions. Clear signals, fewer surprises, and confidence that your numbers are always pointing in the right direction.
Designed for Melbourne Businesses
One Partner for Business Tax, Compliance & Advisory
Business tax doesn’t need to feel like you’re navigating the universe without a guide. At 42 Advisory, we bring structure and calm to your financial obligations, acting as your dedicated partner for everything from BAS and payroll to strategic tax planning and ongoing compliance.
With a fixed monthly fee and forward-looking guidance, we help Melbourne businesses stay in control of their tax position throughout the year — not just when deadlines approach. Our team works with you to manage reporting, reduce admin and uncover opportunities to strengthen cash flow and long-term performance.
Whether you’re a startup finding direction, a family business seeking stability or an established company planning the next stage, our advisors provide the clarity, consistency and dependable support you need — so your numbers never leave you searching for answers.
What We Offer
Explore Our Business Tax Services
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