Beanstalk Accountants

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Beanstalk Accountants A New Breed of Tech Savvy GenY Accountants & Business Advisors We specialise in cloud accounting and tax for small businesses and individuals.

We are focused on the next wave of entrepreneurs, other tech savvy genY’s like us, who are not sitting around waiting for their predecessors to get old and sell down their businesses to them but those that are going out and making things happen now, causing the shakeup in their industries, forcing their competition to think twice and take notice of the changes going on around them. We practice what we preach and are proud to be 100% cloud.

Are you paying the "No Insurance" Tax Penalty in 2026? 🚨If your taxable income crosses the relevant threshold, you could...
16/10/2026

Are you paying the "No Insurance" Tax Penalty in 2026? 🚨

If your taxable income crosses the relevant threshold, you could be hit with an extra 1% to 1.5% surcharge at tax time if you don't hold valid hospital insurance:
🔹 Single threshold: $105,000+
🔹 Family threshold: $210,000+

Holding private hospital cover for the full year that covers you and all your dependents eliminates this surcharge.

Reach out to us today, we can help you figure out if taking out private health cover will save you money on your tax bill this financial year.

💼 From ASIC to ABN: We handle your business launch from day one.Starting a business in Australia involves more than just...
12/10/2026

💼 From ASIC to ABN: We handle your business launch from day one.

Starting a business in Australia involves more than just registering a name:

✅ Pick the Right Structure: Sole Trader vs. Company vs. Trust

✅ Tax Registrations: ABN, TFN, GST, and PAYG Withholding

✅ Compliance Ready: Setup Single Touch Payroll & Accounting Software

Setting up correctly from the start prevents expensive restructuring and unwanted ATO surprises down the road.

Let our team handle the setup paperwork, ASIC registrations, and tax structuring while you focus on making sales.

Book a consultation now!

📑 September is wrapping up. Is your Q1 BAS ready?With September wrapping up, Quarter 1 (July – September) is coming to a...
09/10/2026

📑 September is wrapping up. Is your Q1 BAS ready?

With September wrapping up, Quarter 1 (July – September) is coming to a close. That means it’s time to get your BAS numbers together!

Standard self-lodgement is due on 28 October but when you lodge through us, you get our exclusive tax agent extension out to 25 November! 🗓️💨

Keep your focus on growing your business while we take care of the ATO compliances. 🔒

Reach out to our team today to get started!

Happy Labour Day! 🛠️✨Today is all about taking a well-deserved breather. Take time to relax, recharge, and enjoy the lon...
04/10/2026

Happy Labour Day! 🛠️✨

Today is all about taking a well-deserved breather. Take time to relax, recharge, and enjoy the long weekend with family and friends. ☀️

Our office is closed today. We’ll be back at our desks crunching numbers tomorrow.

If you have urgent tax queries or need to submit your documents, you can still reach us via our website or send an email, and our team will get back to you promptly upon our return.

Learn more at https://www.beanstalkaccountants.com.au/

Email us at [email protected]

PERMANENT AT LAST: The $20,000 Instant Asset Write-Off is Here to Stay! 🎉💼No more waiting on end-of-financial-year exten...
02/10/2026

PERMANENT AT LAST: The $20,000 Instant Asset Write-Off is Here to Stay! 🎉💼

No more waiting on end-of-financial-year extensions or guesswork! As announced in the 2026–27 Federal Budget, the Government is making the $20,000 Instant Asset Write-Off PERMANENT from 1 July 2026.

If you're an eligible small business with an aggregated turnover under $10 million, this means permanent certainty when planning your capital investments.

Planning your next equipment purchase? Let’s run the numbers together before you buy to ensure it aligns perfectly with your tax strategy!

⏰ Tick-Tock! Self-lodgers have until October 31st. 🚨Thinking of doing your own tax return this year?Don't let the ATO de...
30/09/2026

⏰ Tick-Tock! Self-lodgers have until October 31st. 🚨

Thinking of doing your own tax return this year?

Don't let the ATO deadline catch you off guard. Missing this deadline can trigger Failure to Lodge (FTL) penalties starting at $364 and climbing up to $1,820.

However, the good news is when you register as a client with us as your tax agent before October 31, your deadline is automatically extended—in most cases all the way to May next year!

Why rush and risk fines when you can give yourself more time? Save yourself the stress, avoid penalties, and let us maximise your deductions.

Get in touch with us now.

Client Spotlight!!Keeping local businesses thriving while they keep your everyday life running smoothly! Today, we’re hi...
23/09/2026

Client Spotlight!!

Keeping local businesses thriving while they keep your everyday life running smoothly! Today, we’re highlighting our amazing client, Quick Spin Laundry, home to the ultimate high-speed laundry experience. 🧺⚡

They’ve completely transformed the laundry chore into a fast, convenient experience:

• Speed & Capacity: Home to the largest washers and dryers in Southwest VIC—washing a full week's load in only 23 minutes.
• Modern Convenience: Accepting both coin and card payments, plus discount prepaid cards for regular visitors.

We’re proud to handle the numbers behind the scenes so they can focus on delivering top-tier service.

Have a full hamper waiting? Check out Quick Spin Laundry for the quickest spin in town!

Learn more: quickspinlaundry.com.au

🏠 Working from home? Don't leave your tax refund to guesswork.The ATO requires a full-year log of actual hours worked fr...
21/09/2026

🏠 Working from home? Don't leave your tax refund to guesswork.

The ATO requires a full-year log of actual hours worked from home to claim your expenses. No shortcuts or sample periods allowed!

Picking the right calculation method can make a massive difference to your final tax outcome:

⚡ Fixed Rate (70c/hr): Covers power, phone, data, and stationery in a single hourly rate.

💻 Actual Cost Method: Itemizes your exact usage, high utility bills, and hardware purchases under $300.

Not sure which path yields the higher claim? Get in touch with us, we’ll calculate both and lock in your maximum return.

DEADLINE ALERT: August IAS due September 21! ⏳Don't let the deadline sneak up on you! If you need to lodge and pay your ...
09/09/2026

DEADLINE ALERT: August IAS due September 21! ⏳

Don't let the deadline sneak up on you! If you need to lodge and pay your August Instalment Activity Statement, now is the time to get it organized. ⏰

Avoid ATO penalties and keep your books stress-free. 💻✨

Need an expert pair of eyes to double-check your numbers or submit it for you?

Connect with us today and let's get your August IAS sorted on time!

The true cost of late tax payments just went up. 💸 General Interest Charges (GIC) and Shortfall Interest Charges (SIC) i...
07/09/2026

The true cost of late tax payments just went up. 💸

General Interest Charges (GIC) and Shortfall Interest Charges (SIC) incurred on tax debts are no longer tax-deductible.

Why this matters for your business:
In the past, claiming ATO interest as a deduction helped cushion the blow of late tax payments. Now, with zero tax relief, carrying unpaid BAS or income tax has become one of the most expensive ways to fund your cash flow.

3 steps you should take today:

• Clear high-cost tax debts: Prioritise paying down ATO balances to stop non-deductible interest compounding daily.
• Compare refinancing options: Commercial loans or business overdrafts might now be significantly cheaper, especially since commercial loan interest can still be tax-deductible.
• Review your ATO payment plans: Make sure your existing payment arrangements still make financial sense.

Unsure how this impacts your cash flow? Book a consultation, we're here to help you restructure your tax position!

Address

223/111 Harrington Street
The Rocks, NSW
2000

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 4pm

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