Services

What We Can Do For Your Business.

Support for Every Stage of Your Business Journey

At Blackburn ‘Prior, we provide more than just accounting services—we offer the guidance to help you make confident, informed decisions at every stage of your business journey. From accurate tax returns to strategic tax planning, financial health checks, and tailored business structures, our goal is to give you peace of mind and empower you to focus on what matters most: running and growing your business.

Income Tax Returns

Assurance — from accurate Tax Returns

We prepare Income Tax Returns under the code of conduct and rules framework administered by the Tax Practitioners Board and related Acts, Regulations and Legislative Instruments.

We are also members of Chartered Accountants Australia & New Zealand (CAANZ) who regulate our code of ethics and continuing education requirements.

Is that relevant? We think so, because serious business owners value assurance. Lack of confidence about a really big number like tax is a stress that successful people don’t need.

Tax planning

Less surprises — tax planning and regular PAYG estimates

Business owners hate surprises, and tax can become a big surprise very quickly.
Tax planning is the process of quarterly Profit & Loss reviews, building tax projections and discussing what choices you have.

Financial Statements

Health checking — understanding your Financial Statements

We produce Financial Statements in accordance with APES 315, the Australian standard for family owned businesses.

Do standards matter? We think so. Standards matter to your Bank, because they want to trust the numbers you give them. They matter a lot to someone buying your business. They matter to ASIC because of the insolvent trading laws. And if you know how what to look for in Financial Statements, quality matters because it helps you make good business decision.

Company Formation

Right for you — business establishment and restructures

It would be nice if there was a one-size fits all answer to “should I have a company or a trust”… but there isn’t. We explain your choices and work through the cost / benefit analysis with you including the trade-offs with each combination. The intention is that your chosen structure integrates an appropriate combination of tax efficiency, debt repayment flexibility and asset protection for your budget and priorities.

Business Advisory

Sounding board — input on key decisions

We can’t run your business for you, but we can help with the big decisions. We bring first principles thinking and decades of SME business experience to key decisions that family businesses need to make.

“I run my own business and make my own decisions but I always call Blackburn Prior just before pressing go, to see if I forgot something.’’

Tax Advice

Business IQ — what tax laws affect you

Australia is a highly regulated country so having an ABN means being across a lot of detail. We explain the important tax laws that will affect your risk, cash flow and opportunities. You may not always want to hear about what the law says, but if it’s important you’re better off not being surprised. 

Business Support

Support — when you are in new territory

Buying a farm or workshop. Starting a business. Cashflow projections. Staff issues. These get easier with experience, but until then we are here to help. And if there’s someone else better placed to help you, we can usually give you a referral.