Establishing your own business can be a fantastic way to help achieve your goals and create wealth, flexibility and the ability to undertake the work you excel at and enjoy.

Unfortunately, there can be many risks in establishing and running your own business.  According to the Australian Bureau of Statistics 51% of businesses established in 2008 were no longer in operation in 2011.

It is essential that prior to setting up your business you get good advice.  MJN Accounting can ensure that your new business:

  • Has a sound business proposition and that you have considered competitors, pricing and your unique set of skills and experience
  • Complies with regulations, for instance, permits, builders licencing, insurance
  • Confirms with taxation & GST requirements
  • Won't threaten your personal assets, we can make a plan for what happens if it all goes wrong

At MJN we have extensive experience with assisting our clients establish successful businesses. We work with our clients to ensure their business continues to meet their goals and objectives.

Useful check for claiming your entitled deductions

Motor Vehicle Checklist

Are you claiming all you’re entitled to? RAA Membership, Parking, Car Insurance? Use this motor vehicle checklist as a guide to help maximise your vehicle related tax deductions.


Rental Property Checklist

Investment properties incur a number of expenses. Strata fees, insurance, interest and any repairs or maintenance just to name a few. Use this checklis to assist claiming all that you're entitled to.


Individual Tax Return Checklist

At the end of the financial year it can be a daunting tasks preparing your Individual Tax Return for lodgement. Use this checklist to assist with collecting all the information you'll need.