Skip to main content

Choosing an accountant

Save time and money with an accountant who suits your needs

Page reading time: 2 minutes

When choosing an accountant, look for one that will suit you or your business. Some accountants specialise in tax returns for individuals or for businesses in a particular industry, and others are experts in a particular area of tax.

Help with your tax

An accountant can help you prepare and lodge your tax return.

If you're an employee

An accountant can be useful if you have multiple jobs or income from investments. They can also help you claim all the tax deductions you're entitled to and make sure your tax return is correct.

If your income is from one employer, your tax return will be less complicated.

You can lodge your return yourself online for free using myTax, the ATO's free online tax return. You need a myGov account linked to the ATO to lodge online.

If you work for yourself

If you work for yourself as a sole trader, contractor or freelancer, an accountant can help.

They can help with your BAS (business activity statements) and PAYG (Pay as you go) instalments. They can also tell you what deductions you can claim, and give advice on super contributions and tax.

Help with your business

If you run your own business, an accountant can help you set up and maintain your financial records. They can also help you meet your tax obligations.

The right accountant can also offer advice and guidance on your accounts as your business grows.

They can help with:

Finding the right accountant

A good place to start looking for an accountant is recommendations from people you know.

Make sure the accountant is a member of a professional body. Members of these bodies have an accredited tertiary qualification and must comply with professional standards.

Only registered tax agents can prepare and lodge tax returns. Check if your accountant is registered on the Tax Practitioners Board Register.

To provide advice about investing or planning for retirement, an accountant must have an Australian financial services (AFS) licence. Check your accountant is licensed to provide investment advice.

Questions to ask an accountant

When you first meet or call an accountant, ask them about: