Award-Winning Melbourne Accountants We Help Businesses & Individuals Succeed

Trusted in Melbourne for over 10 years, we've helped thousands of individuals and businesses with their tax, accounting and super needs. We provide peace of mind for you and your business by delivering accounting, tax and advisory services.

Award-Winning Melbourne Accountants We Help Businesses & Individuals Succeed

  • Accounting & Taxation

  • Individual & Business Tax Returns

  • Property Consulting

  • Business Advisory

  • Superannuation Solutions

  • Cryptocurrency Tax Planning

small business owner doing accounting tax

Trusted in Melbourne for over 10 years, we've helped thousands of individuals and businesses with their tax, accounting and super needs. We provide peace of mind for you and your business by delivering accounting, tax and advisory services.

We speak like accountants. We think like accountants. We don't charge like accountants.

We're a team of accountants and tax practitioners supporting individuals and businesses to achieve their financial goals. Based in Melbourne we offer tax and accounting solutions: in person, online and over the phone.

Our Accounting & Taxation Services Melbourne, Victoria

Our Melbourne-based team of expert tax practitioners is dedicated to helping individuals
and businesses navigate the complexities of tax and accounting,
ensuring your financial success is always within reach.

Small Business

Small Business Accounting

Our small business accountants read P&L statements like conductors read music, let Tax Window sort out your affairs. Whether you’re just starting or already up and running, we’re here.

Tax Agents

Tax Returns & BAS

Tax legislation can make anyone’s head spin! Our tax agents leverage their industry expertise to ensure your tax affairs never miss a beat. It’s time to get on top of your tax matters!

Business Advisory

Business Advisory

Tax accountants are at the heart of every business. Whether you’re looking to start, grow or exit your business, Tax Window can help. We offer a full suite of tax, accounting and business advisory services.

SMSF Advice

Superannuation Advice

Superannuation is our speciality!  Whether you’re wondering if a self managed super fund is right for you, looking to grow your super or need specialist advice, Tax Window is ready to help.

Investment Planning

Investment Planning

Whether you’re investing in shares, property or alternative investments, Tax Window specialise in creating tax effective investment strategies to support your wealth.

Property Consultation

Property Consulting

Our tax accountants specialise in all property matters. We work with clients to ensure they meet their tax obligations, crafting unique strategies to minimise nasty surprises.

We Speak Like Accountants. We Think Like Accountants.
We Don't Charge Like Accountants.

Industry-Specific Accounting & Business Advisory Trades, Medical, Hospitality & Beyond

From a local tradesman managing project finances and a medical professional streamlining clinic accounts to a restaurateur in the hospitality sector aiming for optimal tax solutions, Tax Window has been the cornerstone for numerous industry-specific clients.

Our expertise spans across various sectors, ensuring that whether you're in construction, healthcare, or the bustling world of cafes and hotels, you have a tailored accounting and business advisory solution at your fingertips.

Tradies

Tradies

We understand that you want to spend less time on your accounting and tax matters, and more time on what really matters! Whether you're a tradie, plumber or a builder it’s time to unburden yourself of your tax and accounting matters.

accounting for medical practitioners

Medical Practitioners

Our accountants understand doctors and healthcare professionals require specialist attention. Our team of experts offer advice on all tax and accounting matters, addressing all of your financial requirements.

Cafes

Cafes & Hospitality

Tax Window also specialises in helping small businesses achieve great things. Whether you're planning to open a cafe, already up and running or looking to exit your business, you can count on us to supercharge your cafe.

accounting for start-up businesses

Startups

Opening a startup? Already kicking goals with your side hustle? Tax can help, with a full suite of startup taxation, accounting and financial services to support you every step of the way.

accounting for restaurants

Restaurants

Tax Window has extensive experience in servicing the restaurant industry. Leveraging our expertise, we offer accounting, taxation and bookkeeping solutions to support your business.

accounting and tax for bars

Bars

Our accountants work with bars to pinpoint opportunities for growth. We understand the unique challenges facing bars, kick your bar into high gear with our guidance and support.

accounting and tax for builders

Builders

Builders have complex tax and accounting needs, which is why you need expert advice. We don't beat around the bush, we believe in adding value with every conversation.

accounting for plumbers

Plumbers

We work with plumbers to understand their business, rolling up our sleeves to craft understandable accounting solutions tailored to your needs.

accounting for franchise

Franchises

Whether you're setting up your new business or already running an established franchise, get the help you need with tailored expertise from Tax Window.

What our clients say about our accounting services

Google Rating
5.0
Based on 46 reviews
Jackson Shaw
Jackson Shaw
1712190416
The best accountant i've met, helped fix my business entirely. Always generous with his time and cares about his clients, highly recommend Artur.
Sheryl Grant
Sheryl Grant
1655087173
We have been engaging Artur for our tax returns for the last 3 years. We find Artur highly competent and easy to work with, and are very satisfied with the level of service and professionalism we receive.
Vic Perdana
Vic Perdana
1654140829
Dealt with Artur recently on a financial and taxation matter. Impressed with the way he went above and beyond the matter and explained other areas so that I am well aware of potential future areas.
Doolie Ansary
Doolie Ansary
1652837451
I’ve been working with Artur for the past couple of years and have found him very knowledgeable and patient. He fully explains the tax laws and makes sure he does the best for his customers.
Graham Berrill
Graham Berrill
1652689280
Artur makes tax time painless. He's great with advice. Cares about you personally. Both our tax and personal assistance with finance have been very relevant and beneficial for us..Always happy to recommend him.
Catherine Neale
Catherine Neale
1652164744
I cannot recommend Artur more highly. He is professional, courteous, attentive and easy to deal with. He gives up to date tax advice and is willing to follow up queries promptly.
Zamira Popal
Zamira Popal
1652159652
Artur has been doing our taxes for the past two years. He has been professional, quick to respond and always open to offering us advice to help get the most from our tax return. I would recommend him to anyone looking for a new tax agent
Benjamin Monro
Benjamin Monro
1641417006
Great guy and decent prices. Very happy with Artur's services and we will definitely be using Tax Window again!
Meagan Spencer
Meagan Spencer
1623137443
Artur was extremely professional and prompt with assisting with my Tax Returns. Especially during Covid - it was easy to complete via Zoom. I would recommend Artur to anyone for their Tax and any other enquiries. I regret that I didn’t ustilise him for my previous Tax and will continue to use in the future.
Bec Stevens
Bec Stevens
1620433458
Arter is always punctual, reliable and knowledgeable in his profession.Makes tax time stressfree and so easy to doThank you Arter
Jesse L
Jesse L
1607905768
I would highly recommend Arthur to anyone. Not only is he knowledgeable, helpful and reliable, he often helps me throughout the year, which ensures I am totally ready for tax time. I could not be happier.Thanks Arthur.
Artur is extremely knowledgeable and has the answer to all my tax related questions. I have currently been using his services for over 3 years, he is very friendly and professional and will continue to work with him in the future. Couldn’t recommend highly enough.
Badru Ahmed
Badru Ahmed
1607250619
Artur is a really great! What I like most about Artur is that he provides ongoing advice round the year if required, therefore he looks after my financial well being and builds a great client-agent relationship. He is knowledgeable and very thorough. I'd recommend him highly to anyone seeking a long-term tax agent.
Bec Peters
Bec Peters
1607069354
Artur is friendly, knowledgeable and genuine, providing us with all the information we needed while completing our tax returns this year. We will also be using his services as we begin setting up a small business. We trust Artur and would recommend him for his services.
bruce armstrong
bruce armstrong
1607060396
Even though we were in the middle of Covert19 we felt it was the time to change our Accountant.We were recommended to Artur and he fulfilled his obligations efficiently, professionally and competently.
Anthony Selmo
Anthony Selmo
1596083830
Amazing service and highly recommend!
Michael Sham
Michael Sham
1591006437
Artur is an excellent tax accountant. He offers a very knowledgable and professional service. He is meticulous and seeks the best possible outcome for his clients. I highly recommend Tax Window.
cathie a
cathie a
1581503537
I have been coming to Artur for many years now . He is always diligent, efficient and incredibly helpful, a true professional who I would highly recommend.
Markus Bohner
Markus Bohner
1581499753
All perfect, always helpful, attention to detail, fast and accurate.
N Abrat
N Abrat
1578998822
Artur at Tax Window has been great to deal with. His attention to detail is excellent, is patient and clear in answering any questions and provides an efficient service. Highly recommend.
Lynn Clark
Lynn Clark
1576666981
Tax Window have provided us with excellent taxation informatiom
Jacqui Jeffery
Jacqui Jeffery
1575965869
Artur has been completing our tax returns for several years now. His accounting knowledge and expertise ensures our tax return is accurate and of maximum benefit. He provides a flexible and timely service at a reasonable price. Would highly recommend.
Sam Biondo
Sam Biondo
1575424942
Artur at Tax Window provides a great service. He is friendly, efficient and great at explaining complex matters in a way that non tax experts can understand. Keep up the good work Artur.
michael debono
michael debono
1575343494
Excellent in customer service and taxation information.
Heidi Nelson
Heidi Nelson
1573164966
Artur is an amazing accountant meticulous and organised. He always ensures everything is done and seeks the best possible outcome for his clients. I have been going to him for years and can’t recommend him enough.
Andree Fleming
Andree Fleming
1572851454
It has been a pleasure to see Artur annually for my tax return. He is very knowledgeable and takes time to explain and answer any queries.
Annie
Annie
1572510538
I've spent a long time in looking for a good accountant to settle with and was referred to Artur by a colleague. He is truly excellent at his job and very patient with someone like me, who has so many questions to ask him every time I see him to do my taxes. I've learnt a lot from him and am very happy with the work he does.
I moved from Melbourne and have been living in Far North QLD for last 8 years but I still ask Artur to do my Tax Return! The distance doesn't matter for Artur - great communication, very prompt, open to questions! Highly recommended!
Andie Tessa
Andie Tessa
1570440653
Artur is a fantastic accountant. He is meticulous with his work and he is highly personable. Artur is quick to reply with all forms of communication. I highly recommend him for anyone in search of an accountant.
Leigh
Leigh
1570356465
Artur at Tax Window has done our tax returns for the last few years and we would highly recommend him. He is personable and knowledgeable and inspires confidence with his advice.
Esther Lonkri
Esther Lonkri
1570263221
A very efficient and thoroughl account. Wouldn't go to anyone else.
Kirsten Moskwa
Kirsten Moskwa
1569288922
Wonderful, thorough accountant. My husband and I have been going to Artur for a few years and he always provides a great service. Would recommend him to anyone looking for an accountant.
Tim Wilkes
Tim Wilkes
1567422320
Artur has helped us with our tax return for a number of years and we are always very happy with the service. He is extremely personable and goes the extra mile to understand and help - very happy we stumbled across Tax Window!
Lucy Bassett
Lucy Bassett
1566989964
I have been coming to Artur for my tax return for years. He is reliable, diligent, efficient and incredibly helpful every time.
Lela Jamil
Lela Jamil
1565689217
Arthur has been a tremendous help with sorting out my tax. He came highly recommended by a good friend and I wouldn’t hesitate to recommend him to my other friends now. He is very knowledgeable and well informed.
M H
M H
1565657600
Excellent service as always
Albert
Albert
1560509534
Great accountant, always willing to find solutions to complicated matters. Very personable and friendly. Would recommend to anyone who is after a new account or looking for an alternative professional opinion. Great service all around.
Cory Reeves
Cory Reeves
1556390943
Very professional, well educated in his field & always makes time for me if I have any questions. Would recommend highly!
Lizzie Skyllas
Lizzie Skyllas
1542107022
Artur at Tax Window has been immeasurably helpful in assisting me with my tax returns for the last two years. He is always quick to assess my queries and responds in record time. I wholeheartedly trust him with my accounting needs and know I am being taken care of. I absolutely recommend others to go through Artur for their tax return needs!
Jason Turpin
Jason Turpin
1542006283
I have been using Tax Window for a number of years now. I have stayed with them as I want a tax accountant that is knowledgeable in their field and lawful. I moved into state 2 years ago and still use Tax Window for my yearly returns.
M G
M G
1537013670
I have been professionally and personally involved with Tax Window for the last few years after switching from a large firm. Artur at Tax Window has done a remarkable and thorough job in dealing with multiple book-keeping and tax related issues. Some were simple and some very complicated. Tax Window managed to sort out many issues swiftly and simply, and I highly recommend them for any business or personal accounting, tax or book-keeping matters.
Bill Panas
Bill Panas
1532906925
Artur has been completing our tax returns for several years now. After initially meeting at our house, we now send him all our details electronically, saving us all a lot of time. He has been courteous & professional throughout & would recommend him to anyone.
Pamela Mc
Pamela Mc
1532481604
Artur has been doing my tax return for nine years. He has great attention to detail, the latest knowledge of the tax laws, and the highest degree of integrity. I recommend him.
Maria Flaherty
Maria Flaherty
1532245203
I have used Artur at Tax Window for several years now and always allows plenty of time and gives me great advice on how to maximise my tax returns especially with investment properties.
Hannah Shirley
Hannah Shirley
1501669047
I have been using Tax Window for assisting in processing my Tax Returns for 3 years and always receive a timely and accurate service. Artur is very experienced and professional - I am very happy to recommend him.
Ashley Berick
Ashley Berick
1500810471
Been dealing with Artur for 3 years now and has been fantastic! Previously used other accountants has well as H & R block for tax returns but always found the level of service and approach was never to the standard that I receive from Artur. I can confidently say I will be a client for life.
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Our Head Accountant

Artur is an astute Certified Public Accountant with over 30 years’ experience working as a trusted advisor to business owners and professionals. He and his wife Marina started Tax Window in 2009 with a vision to create an accounting and taxation advisory that could provide genuine long-term support.

Artur specialises in tax planning and advisory, helping both businesses and individuals navigate complex tax legislation. Artur's knowledge of tax matters is the best in the business. He has a way of pinpoining opportunities others miss, from simple savings through to sophisticated tax planning strategies.

'For me, being an accountant isn’t a job, it’s a lifestyle. Accounting and taxation is about much more than numbers. A quality accountant genuinely understands your personal situation, your finances and goals, and gives you the support and solutions you need, where and when you need them.'

Hailing from the sunny beaches of Odesa, Artur is fluent in both English and Russian. In his free time, Artur enjoys watching the AFL (go Kangas!) and spending time with family.

Google Rating
5.0
Based on 46 reviews
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Tax Window Accountant
Clients Served
$
Deductions Claimed
Star Google Rating

30 Years Of Experience

No question is a silly question. Ask away without the fear of being pinged with extra charges. You can call and email our accountants as often as you like. We want you to soar, so we try to answer your questions before you need to think of them.

No Offshore Call Centres. No Back Office.

We’re not too sure why other tax agents love offshore call centres, but you can rest assured our senior accountants are always on call, ready to help. Based in Melbourne, with offices in Bentleigh and Bentleigh East, we're never far away.

No Junior Accountants

Tax can be a tricky business, and cutting corners doesn’t sit right with us. With Tax Window you get your senior dedicated accountant to focus on your tax matters. Your situation could be complicated, but we explain and simply to provide understandable solutions that work for you.

Get In Touch Today

Bookkeeping and accounting are two functions which are extremely important in any business organisation. Often people confuse these two terms and use them interchangeably, but they're not the same.

Bookkeeping is a part of accounting that involves recording all the company's financial transactions systematically. It's the first step in the accounting process and arguably the most important one, as incomplete or inaccurate data can cause businesses to make decisions based on faulty information.

Bookkeeping involves:

  1. Recording financial transactions
  2. Posting debits and credits
  3. Producing invoices
  4. Managing payroll
  5. Maintaining and balancing subsidiaries, general ledgers, and historical accounts
  6. Completing the initial stages of the financial reporting process

On the other hand, Accounting is a more broad term that involves interpreting, classifying, analysing, reporting, and summarising financial data. While bookkeeping involves data entry, and keeping records of that data, accounting is more subjective and requires strategic insights, evaluations, and interpretations of business transactions and financial data.

Accounting involves:

  1. Preparing adjusting entries (recording expenses that have occurred but aren't yet recorded in the bookkeeping process)
  2. Preparing company financial statements
  3. Analysing costs of operations
  4. Completing income tax returns
  5. Aiding the business owner in understanding the impact of financial decisions

The goals of accounting include preparing a record of the company’s financial affairs, identifying the company's financial health, and communicating the information to the company's stakeholders such as potential investors, customers, regulators, and the market in general.

In summary, bookkeeping is more transactional and administrative, concerned with recording financial transactions. Accounting is more subjective, giving you business insights based on that bookkeeping data.

An accountant needs various pieces of information to start the accounting process. Here's a general list, although requirements can vary based on individual circumstances, the complexity of the person's financial situation, and whether the accounting is for personal finances or a business:

  1. Personal Identification Information: This includes full legal name, address, Social Security number or Taxpayer Identification Number, and contact information. If the accounting is for a business, the accountant will also need the business name, address, and Employer Identification Number.

  2. Income Information: This could include pay stubs, tax returns from the previous years, and forms such as W-2s, 1099s, or K-1s for the current year. If the person owns a business, the accountant will need detailed income statements or revenue reports.

  3. Expense Information: Receipts, invoices, or records of all deductible expenses. For businesses, this includes operating costs, payroll expenses, and cost of goods sold. Personal expenses might include mortgage interest, property taxes, medical expenses, and student loan interest.

  4. Asset Information: Information about all owned assets. This could include real estate, stocks, bonds, retirement accounts, and business assets such as machinery or intellectual property.

  5. Liability Information: Details of any debts, such as mortgages, student loans, credit card debts, or business loans. The accountant will need to know the amount of the debt, the interest rate, and the repayment terms.

  6. Bank and Investment Statements: This includes all checking, savings, and investment account statements. If the person owns a business, the accountant will also need business bank and investment account statements.

  7. Information about Significant Life Events: Events such as marriage, divorce, births, deaths, starting or selling a business, and retirement can all have significant tax implications.

Again, these are general requirements. Depending on the individual's or business's circumstances and the specific type of accounting work being done, the accountant may need more or less information. It's always best to discuss this directly with the accountant to understand what is needed.

Cash and accrual accounting are two different methods used to record transactions in the financial books of a company. The method a business chooses to use can have a direct impact on its financial reporting, tax liabilities, and overall financial strategy.

Cash Accounting is a method where transactions are recorded when cash is actually exchanged. In this method, income is recorded when payment is received from customers, and expenses are recorded when they are paid to suppliers and employees.

Advantages of Cash Accounting:

  1. Simplicity: It is a simpler and more straightforward method. This makes it especially suitable for small businesses.
  2. Cash Flow Tracking: It gives a clear picture of how much cash your business has at a given moment.

Disadvantages of Cash Accounting:

  1. It can give a misleading picture of longer-term profitability. A business could appear profitable in one month when a large amount of income is received, but much less profitable in the next month when the corresponding expenses are paid.
  2. It doesn't adhere to the matching principle of accounting, which states that expenses should be recognised in the same period as the revenues they helped to earn.

Accrual Accounting is a method where transactions are recorded when they are incurred, regardless of when money changes hands. In this method, income is recorded when a sale is made or a service is performed, and expenses are recorded when they are incurred, even if they are not paid immediately.

Advantages of Accrual Accounting:

  1. It provides a more accurate long-term picture of a business's finances. It matches income and expenses in the same period, which helps to give a clearer picture of a business's true profitability.
  2. It is compliant with Generally Accepted Accounting Principles (GAAP) and is required for businesses of a certain size.

Disadvantages of Accrual Accounting:

  1. It can be more complex to implement due to the need to track receivables and payables.
  2. It can potentially provide a misleading picture of cash flow. A business could appear to be profitable while in reality, it has little cash on hand because its customers have not yet paid their invoices.

In summary, the key difference between cash and accrual accounting lies in the timing when sales and purchases are credited or debited to your accounts. The choice between cash and accrual accounting depends largely on the type of business, its legal structure, its size, and its financial reporting requirements.

1. Understanding Tax Laws: Australian tax laws are intricate and frequently updated. Accountants, particularly Chartered Accountants (CAs) and those specialising in taxation, keep abreast of the latest federal and state tax laws to ensure you benefit from all available deductions and tax offsets.

2. Providing Year-Round Tax Planning: Accountants can advise you on tax-saving strategies throughout the year. This can include advice on superannuation contributions, timing of significant purchases, selection of investments, and other decisions impacting your tax liability.

3. Identifying Deductions and Tax Offsets: An accountant can analyse your financial situation to identify potential tax deductions and tax offsets that you might miss on your own. This can include work-related expenses, educational expenses, charitable donations, and more.

4. Preparing and Lodging Tax Returns: Accountants can assist in preparing your tax returns accurately and efficiently. This not only includes filling out the appropriate forms, but also organising supporting documentation, calculating your tax liability or refund, and submitting the return on time to the Australian Taxation Office (ATO).

5. Representing You Before Tax Authorities: If you're audited by the ATO, your accountant can represent you, answer questions on your behalf, and guide you through the process.

6. Guiding Business Decisions: If you're a business owner, an accountant can provide advice on tax-efficient ways to conduct your business. This can include advice on the business structure, tax implications of business decisions, and strategies for minimising tax liability while remaining compliant with tax laws.

7. Planning for Future Tax Liabilities: An accountant can assist with planning for future tax liabilities, such as taxes on superannuation income or inheritance taxes.

Each individual's or business's tax situation is unique, so the services an accountant provides will be customised to your specific needs and circumstances. It's always best to communicate openly with your accountant about your financial situation and goals, so they can provide the best service possible.

At Tax Window, we pride ourselves on offering a holistic suite of financial services tailored to meet the diverse needs of our clients. When it comes to tax planning and preparation, our team delves deep into understanding your financial landscape, ensuring strategies are in place to optimise tax benefits while maintaining compliance. As for the distinction between cash and accrual accounting, it's essential to recognise that these are two different methods of recording transactions.

Cash accounting records transactions when money changes hands, while accrual accounting reflects income and expenses when they are earned or incurred, regardless of when the payment is made. Depending on your business model and financial goals, we'll advise on the best method to adopt.

Furthermore, to kickstart the accounting process, we typically require financial statements, bank statements, payroll records, and other relevant financial documents. This ensures accuracy and a tailored approach to your financial management.

Lastly, while bookkeeping involves recording daily transactions in a systematic manner, accounting is a broader domain that encompasses the interpretation, classification, analysis, and reporting of financial data.

At Tax Window, we seamlessly integrate both, ensuring your financial records are not only accurate but also provide actionable insights for informed decision-making. In essence, our comprehensive approach ensures that every financial aspect of your business is catered to with expertise and precision.

Book A Free Consult Today

Fill in the form below to book your Small Business Tax consultation or call us now on 0401 117 311.

Google Rating
5.0
Based on 46 reviews
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