XTAS Partners

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XTAS Partners XTAS Partners is a boutique accounting firm Sydney, specializing in bookkeeping, taxation, and strategic business planning.

We offer personalized, cost-effective financial services for both startups and established businesses.

Owner-run is a specific thing.It means the person deciding whether to take on the lease is the same person who'll be the...
23/08/2026

Owner-run is a specific thing.

It means the person deciding whether to take on the lease is the same person who'll be there Saturday morning if the delivery doesn't turn up. There's no layer between the strategy and the work — which is exactly why the advice has to be practical, and why it has to arrive before the decision, not after it.

That's who we built XTAS Partners for. Trades. Hospitality. Professional services. Property. Family groups that have quietly accumulated a second and third entity and aren't entirely sure how they fit together anymore.

Chartered accountants and registered tax agents, Sydney C*D. Bilingual across the whole engagement — English and Mandarin, not just for the first meeting. Scope and fees agreed before anything starts.

Say hello 👋 We're happy to have a conversation before anyone commits to anything.

📍 Level 17, 400 George Street, Sydney NSW 2000
📞 (02) 7235 0040
🔗 xtaspartners.com.au

Compliance is the floor, not the offering.Every accountant lodges the return. The difference shows up in what happens be...
23/08/2026

Compliance is the floor, not the offering.

Every accountant lodges the return. The difference shows up in what happens between lodgements — when you're deciding whether to bring on a second entity, whether that contractor should be an employee, whether the property goes in your name or the trust's.

Those questions don't wait for October. And the answer you get in March is usually worth more than the one you get after the fact.

We're XTAS Partners — chartered accountants and registered tax agents in Sydney's C*D, working with owner-run businesses and family groups. Bilingual across the whole engagement, English and Mandarin. Scope and fees agreed before we start.

If you've been putting off a conversation because you weren't sure it was worth billing for — it probably is. Ask it.

📍 Level 17, 400 George Street, Sydney NSW 2000
📞 (02) 7235 0040
🔗 xtaspartners.com.au

Most business owners still ask: "How would the ATO even know?"They already do — through automated data matching. In June...
23/08/2026

Most business owners still ask: "How would the ATO even know?"

They already do — through automated data matching. In June 2026 the ATO reported adjusting over 595,000 returns off the back of it.

Where the data comes from
Payroll via STP. Bank and merchant records. Crypto exchanges. Property titles and rental bonds. Uber, Airbnb, eBay. Insurers, for assets over $65k. Overseas authorities via CRS.

6 things that light up the system 🚩

1|Card takings above declared turnover
2|A cash trade reporting almost no cash
3|BAS that doesn't reconcile to the annual return
4|Margins outside your industry benchmark
5|Modest income, substantial insured assets
6|A lodgement that never arrived

What changed this year
TPAR data now pre-fills into contractors' own returns — report the wrong amount or ABN and they'll see it immediately.

The letter that arrives doesn't accuse you of anything. It asks you to explain the difference. The burden of proof sits with the business.

Three habits that protect you ✅
Reconcile BAS quarterly, not in June. Match POS takings to bank deposits. Keep records five years.

Fixing it yourself always costs less than having it found — the tax is rarely the painful part.

—
XTAS Partners|Chartered Accountants · Registered Tax Agent
Sydney C*D ·General information only. Not personal advice.

Address

Level 26, 1 Bligh Street
Sydney, NSW
2000

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