Newage Accounting's services include registration and set-up, accounting and management consulting, and business support. Contact the Toorak team to discuss the business you are starting or the changes you are considering.
Describe your proposed business
Explain what the business will do, who will be involved, where it will operate and your expected start date. If the business already exists, describe its current structure and what you want to change.
Discuss the decisions before registering
Ask which registrations and accounting arrangements need to be considered for your circumstances. Agree on the work to be completed, the information required and any professional or government fees before proceeding. This page does not select a business structure for you.
Plan for the accounting work that follows
Registration is one part of starting a business. Discuss how records will be maintained and how your accounting and taxation enquiries will be handled as the business develops.
Official starting points
Use the Australian Government's business website for general information about starting a business and ASIC for company and business name information.
Questions before you begin
Can I discuss an existing business?
Yes. Contact the team about your existing business and the accounting or business support you are looking for.
How much will registration and set-up cost?
Ask the team to confirm the professional work and any applicable government charges for your circumstances before you proceed.
Enquiry preparation at a glance
Start a business-registration discussion with the activity you plan to carry on, who will own or operate it, the proposed start date and any registrations already held. Structure, business name, ABN and tax registrations raise different questions. Newage Accounting's registration and set-up service is a starting point for discussing the support you need.
Bring one clear set-up brief
Describe what the business will sell, who will make decisions, how it will be funded and whether it is new or replacing an existing arrangement. List any name, ABN, company or tax registrations already held. Include the date you hope to start trading, without assuming that every registration can be completed by that date.
Business.gov.au identifies tax, control, potential personal liability and ongoing administration as factors in choosing a structure. Discuss the relevant trade-offs before treating a registration form as the whole set-up decision.
business.gov.au — Choose your business structure
business.gov.au — Register for an Australian Business Number
Plan the records and responsibilities after registration
Identify who will keep invoices and receipts, maintain the accounts and follow up registration correspondence. Ask which decisions must be made now and which ongoing accounting or tax work needs a separate scope.
For an enquiry, describe the business activity, proposed participants, existing registrations and your main unresolved question. Confirm the work and fees before providing identity documents or authorising an application.
- Bookkeeping and accounting training
- Taxation services and planning in Toorak
- Contact Newage Accounting
More preparation questions
Are an ABN, a business name and a company the same thing?
No. An ABN identifies a business or enterprise, a business name is the name used for trading, and a company is a business structure with its own legal identity. Identify which of these you already have and which you are considering, rather than using 'business registration' to mean all three.
Sources: Choose your business structure · Register for an Australian Business Number · Register your business name
Should I register as a sole trader or a company?
That decision needs the business context. Explain ownership, decision-making, funding, the activity and the administration you can maintain. Government guidance highlights differences in tax, liability, control and ongoing costs. Ask for the relevant options and implications to be assessed before choosing a structure.
Sources: Choose your business structure
Does obtaining an ABN automatically complete my GST registration?
No. An ABN and GST registration are separate matters, even when applications are made through the same service. Explain the business activity and expected or current turnover so the relevant registration requirements can be checked. Do not infer GST status from the existence of an ABN alone.
Sources: Register for an Australian Business Number · Registering for GST
If I change business structure, can I keep using every existing registration?
Do not assume all registrations carry across unchanged. Business.gov.au says a structure change may require a new ABN and updates to business-name details. List the current entity, registrations and intended change, then ask what needs to be applied for, updated or closed and when the new arrangement should begin.