Frequently Asked Questions
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What makes LA Accountants & Business Advisors different from other firms?
We go beyond compliance and tax returns — our focus is on growth, freedom, and results. We partner with you to understand your goals and provide proactive, practical strategies that drive business success, not just tick boxes.
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Do you only work with certain types of businesses?
We specialise in helping ambitious entrepreneurs and growing businesses who want more than just accounting. If you’re serious about scaling, improving profits, or building long-term wealth, we’re the right fit.
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How can you help me grow my business, not just manage tax?
Growth is one of our core pillars. We provide business advisory services such as cash flow planning, profit improvement, strategic structuring, and tailored coaching, all designed to help you scale with confidence.
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What’s the difference between working with a tax accountant and a business advisor?
A tax accountant ensures you remain compliant and legally minimise tax. A business advisor takes things further helping you make decisions, plan for growth, and create freedom in your business and personal life. At LA, you get both in one team.
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Why is it important to keep my records up to date, and how can Xero help?
Keeping your financial records current gives you a clear picture of your business’s performance, allowing you to make informed decisions and spot opportunities for growth. Xero simplifies this process by automatically tracking your transactions, invoices, payroll, and GST, giving you real-time insights so you can act quickly and confidently.
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How do I get started with you?
It all begins with a conversation. We’ll sit down with you to understand your business, goals, and challenges. From there, we’ll map out a tailored plan that gives you clarity, confidence, and momentum.
We offer an initial consultation with one of our Accountants / Business Advisors starting at $165 To book, please contact our reception on 07 3359 8333.
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What is payroll tax, and do I need to pay it?
Payroll tax is a state-based tax (in QLD it kicks in when your total wages exceed $1.3 million a year). Many small and medium businesses won’t reach that threshold, but once you do, it’s important to register and comply.
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Why am I paying tax if my business doesn’t feel like it’s making money?
Tax is based on your taxable profit, which isn’t always the same as your bank balance. Things like loan repayments, personal drawings, and timing differences can make cash feel tight, even when your business shows a profit for tax.
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What is a PAYG instalment?
PAYG instalments are prepayments of your expected income tax. The ATO uses them to spread your tax bill across the year, rather than leaving it all to pay at once when you lodge your return.
