Industries · Professional Services
Accounting support built for consultants & service firms.
Time is the product, invoices are the lifeblood, and the tax rules around personal services income are sharper than most owners realise. SML keeps the numbers and the structure working.
Where the money leaks
The pressure points we see in professional services.
- Irregular invoicing and unbilled work-in-progress that hide the real revenue picture.
- Personal services income (PSI) rules that can change how your income is taxed — often discovered too late.
- Business structure questions: sole trader, company or trust — and what changing costs.
- Home office, travel and mixed-use expenses claimed without the records to back them.
- Quarterly tax surprises because nobody planned the instalments.
What SML handles
Done together, with the records behind it.
Invoicing & receivables rhythm
A steady billing cycle with follow-up, so cash arrives when the work is done.
PSI review
Personal services income rules checked against how you actually contract and operate.
Structure guidance
Plain-English comparison of sole trader, company and trust for your situation.
Deductions with evidence
Home office, vehicle and professional costs claimed with records that stand up.
Tax planning & instalments
PAYG instalments and year-end planning handled before June 30, not after.
Free self-check · 3 minutes
Fee income looks healthy — but is the structure and tax side actually working for you?
Take the free Business Money Health Check — ten quick questions, an instant score out of 100, and your weakest area pinpointed. Or go deeper with our Second Opinion Review: if we can't identify $500 of savings or cost-risks in writing, it's free.
Start the free checkFrom the Knowledge Hub
Guides worth reading before we talk.
Choosing a Business Structure
Read guideHome Office Expenses for Small Business
Read guideUnderstanding Balance Sheets
Read guideInvoice Management for Small Businesses
Read guideNext step
Talk to someone who knows your industry's numbers.
Book a conversation with SML and bring the issue you want fixed first — we'll shape the bookkeeping, BAS, payroll and tax around how your business actually runs.
Book a consultation