Eternity Group Accountants

Accounting & Tax Advisory for Individuals, Families & Business Owners

Chartered accounting in Cherrybrook, Sydney — led by Rohan Manokaran CA, a Chartered Accountant, registered Tax Agent and Credit Representative 565110 under ACL 561324 held by Loans Only Pty Ltd, with 20+ years of experience. We serve individuals, families, investors and business owners across the Hills District and greater Sydney.

Chartered AccountantCA ANZ266544
Registered Tax AgentTPB25523469
Credit RepresentativeCR 565110ACL 561324
AFCA MemberAFCA111743 / 111742
Experience20+ YearsIn practice
PracticeCherrybrook, NSWHills District & Sydney

Business owners & entities

Company, trust and owner-operator accounting.

How we work

A simple four-step engagement.

Initial consultation

A 20-minute scoping call. We listen first — what you need, where you are, what’s broken with your current setup.

Fixed-fee proposal

Transparent fee schedule before we start. No hourly surprises. Quotes include lodgement, portal handling, ATO correspondence.

Engagement & onboarding

Engagement letter, ATO authorisation, Xero set-up if needed, secure document portal.

Ongoing relationship

Quarterly, annual or monthly cadence depending on package. Same practitioner-led team, with accounting and credit-assistance work coordinated instead of treated separately.

A year in the engagement

The compliance year runs to a rhythm — we keep you ahead of it.

Most engagements follow the same annual shape. July opens with Single Touch Payroll finalisation while ATO prefill data matures; from there the quarterly BAS cycle sets the cadence, with GST, PAYG withholding and super guarantee falling due in the weeks after each quarter ends.

Returns lodged through a registered tax agent generally access lodgement-program due dates well beyond the 31 October self-lodger deadline, provided you are on our agent list in time. The FBT year runs separately, ending 31 March. We map these dates for every client at engagement, then manage them. See our BAS due dates guide and tax return preparation checklist.

Quarter by quarter

July – September

Year-end close: STP finalisation, June-quarter BAS and super, and prior-year return preparation beginning as prefill data settles.

October – December

Lodgement season proper: September-quarter BAS, individual and entity returns on the agent program, ASIC annual company statements as they fall.

January – March

December-quarter BAS after the summer break, the FBT year closing on 31 March, and early planning conversations while entity numbers are current.

April – June

March-quarter BAS, FBT returns, and pre-30-June tax planning — trust distribution resolutions, super contribution timing and asset decisions — before the year closes.

What you bring

Access to your records — connected bank feeds for business clients, source documents through our secure portal for everyone. Just as important: tell us when circumstances change — a property bought or sold, a new venture, overseas income — while there is still time to plan around it rather than merely report it.

What we handle

Everything between your records and the ATO: reconciliation queries, preparation and lodgement of returns and activity statements, due-date management across every entity in the group, routine ATO correspondence through the agent portal, and liaison with your other advisers so nothing is dropped between professionals.

Because the same practice provides credit assistance, the financials we prepare for the ATO also serve a second reader: the lender who assesses your next loan. When borrowing is on the horizon, we prepare with that in mind — lodgements up to date, interim figures clean and add-backs identifiable — instead of reconstructing everything at application time. See how tax returns and home loans interact and our business owner accounting & lending page.

Why Eternity Group Accountants

Three differentiators that matter.

20+ years in practice

Rohan Manokaran CA is a Chartered Accountant. CA ANZ member 266544. Registered Tax Agent 25523469.

One-stop-shop

When you need a property loan, your accounting position and lending pathway are considered together — coordinated through one practitioner-led process — so your tax structure and your finance structure work together.

Business owner accounting & lending

Transparent fixed fees

Every engagement quoted before commencement. No hourly billing surprises. Fees published publicly.

Finding your starting point

Which service page should you read first?

This hub links to more than twenty service pages, and most people only need one or two of them. Two questions narrow it down: who earns the income — you personally, or an entity you control — and what is about to change, such as a purchase, a restructure or a loan. The paths below match the situations we scope most often.

You earn a salary, perhaps with shares or a rental

Start with individual tax returns. If an investment property dominates the return, read rental property tax first; if you have sold property, shares or crypto this year, capital gains tax is the page that explains what records the calculation needs.

You work on an ABN, freelance or contract

The sole trader & ABN page covers the business schedule, GST and PAYG instalments. If you are wondering whether a company or trust would now serve you better, read business structure advice before changing anything — restructuring at the wrong time can trigger avoidable tax.

You run a company or trust

Begin with business tax accountant for the whole-of-entity view, then the company or trust return page for the return itself. If the books also need running, add the Xero accountant page to the reading list.

The books need rescuing before anything else

Returns prepared on unreconciled records create rework, so start with bookkeeping services and BAS agent services. Once the file is clean and the GST position is real, the tax work follows quickly and quotes stop carrying a clean-up premium.

Lodgements are overdue or there is ATO debt

Skip the service pages and read ATO debt help, then book the scoping call. The order in which overdue years are lodged, and whether a payment plan is arranged before or after, affects the outcome — it is a sequencing conversation, not a single-page answer.

Borrowing is part of the plan

If a property purchase or refinance sits within the next year or two, read accounting & lending for business owners alongside your tax pages, and the guide on how tax returns and home loans interact — decisions made at tax time shape what a lender later sees.

If your situation crosses more than one path — most business owners’ do — the scoping call resolves it faster than reading every page. Self-managed super sits in its own section: start at SMSF services.

Before the first appointment

What to have ready — and what not to wait for.

Individuals & investors

Income statements and interest usually arrive through ATO prefill, so the documents that matter are the ones prefill misses: deduction receipts, a logbook or work-from-home diary, rental statements from your property manager, dividend and managed-fund annual statements, and private health fund details. If you are switching to us, your most recent lodged return fills most gaps.

Businesses & entities

Adviser access to your Xero file does most of the work. Around it we ask for year-end bank and loan statements to confirm balances, payroll finalisation records, invoices for significant asset purchases, finance agreements for vehicles or equipment, and the prior year’s financial statements and return — the carried-forward figures live there.

Do not wait for a complete set

Incomplete records are normal at the first meeting. Bring what you have; the scoping call produces a specific list of what is missing for your situation, and documents go through our secure portal as you find them. For the full individual checklist, see our tax return preparation guide.

Between lodgements

The parts of the engagement no fee schedule mentions.

Returns and activity statements are the visible output, but much of what determines how smoothly a year runs happens between due dates — how ATO mail gets triaged, how a change of accountant is timed, and how the records are kept in the months nobody is thinking about tax.

When ATO mail reaches you first

Even with a tax agent appointed, some correspondence still lands with you directly — through myGov, or addressed to a company’s registered office. The habit that matters: send it to us before acting on it or phoning the ATO yourself. We log the deadline, respond through the agent channel, and keep one consistent record of what has been said. A well-meant call made without the file in front of you can complicate a position we would otherwise resolve on paper.

Timing a change of accountant

The cleanest joins fall between activity-statement quarters — after one BAS is lodged, before the next builds. Ask your previous accountant to finish any work in progress or hand over their working papers; half-finished jobs are the most common source of handover friction. If your Xero file sits under the previous firm’s subscription, ownership should transfer so your records travel with you. Nothing moves automatically — lodgement authority stays with the old agent until we are appointed.

Habits that quietly lower the fee

A dedicated business bank account. Receipts captured into the file when the money is spent, not reconstructed in July. Private expenses kept out of business accounts. Reconciliation queries answered monthly rather than in one annual batch, and loan, asset and insurance documents kept in a single folder. None of it is sophisticated, but together it turns preparation time into diagnosis instead of archaeology — and our fixed-fee quotes stop needing a clean-up allowance.

FAQ

Frequently asked questions.

Common questions

How much does an accountant cost in Sydney?

Eternity Group Accountants charges from $550 incl. GST for individual tax returns, from $2,200 incl. GST for company or trust returns, and from $3,300 incl. GST for SMSF compliance. Retainer packages start at $1,000 per month plus GST for Essentials. Every engagement is scoped after a 20-minute scoping call so quotes reflect your actual complexity.

Are you a registered tax agent?

Yes. Rohan Manokaran is a registered Tax Agent with the Tax Practitioners Board (Registration 25523469) and a member of Chartered Accountants Australia and New Zealand (CA ANZ member 266544). All returns are prepared and signed under our registered tax agent obligations.

What tax deductions can I claim as a small business owner in Australia?

Small business deductions include operating expenses (rent, utilities, software), motor vehicle costs (logbook or cents-per-km), depreciation on assets, home-office expenses, marketing, professional services, insurance, superannuation, and bad debts. Small Business Entities (turnover under $10M) can access instant asset write-off, simplified depreciation, and prepayment concessions. We map every claim to your industry benchmarks.

Should I buy property in my personal name or through a company or trust?

The answer depends on your marginal tax rate, asset protection needs, succession plans, and whether the property is owner-occupied, investment, or business premises. Companies pay 25%–30% flat but cannot access the 50% CGT discount. Discretionary trusts give flexibility to stream income but cannot distribute losses. We model both scenarios with your actual numbers before you sign anything.

How quickly can you turn around a tax return?

Standard individual returns are typically lodged within 5–10 business days of receiving complete information. Company, trust, and SMSF returns take 2–4 weeks depending on complexity. We provide a fixed timeline at engagement and keep you informed at every stage. Urgent returns are accommodated where possible at no premium.

Do you work with clients outside the Hills District?

Yes. While we’re based in Cherrybrook and most of our clients are in the Hills District, we work with clients across greater Sydney, regional NSW, and interstate. Most communication is by phone, email, and video call, with in-person meetings available at our office when needed.

How do you handle ATO audits and reviews?

As your registered tax agent, we respond to ATO correspondence on your behalf, prepare position papers, attend interviews if requested, and manage objection and appeal processes. Audit support is included in retainer packages and quoted hourly for one-off clients. Most reviews resolve at the document-request stage when records are well-kept.

Can you help me set up a company or trust structure?

Yes. We model the structure against your projected income and goals, register the entity (ABN, TFN, GST if required), draft trust deeds via our solicitor partner, set up Xero, configure ATO portal access, and run the structure for you ongoing. Standard structure set-ups complete within 2–3 weeks from instruction.

Can I switch accountants part-way through the year?

Yes — there is no need to wait for 30 June. Switching involves an ethical clearance letter to your previous accountant, adding you to our tax agent list with the ATO, and collecting prior-year returns, depreciation schedules and carried-forward figures so nothing is lost in the handover. We manage each of those steps. If lodgements have fallen behind, we also map what is outstanding and agree a catch-up order before anything is lodged.

Do I need Xero or cloud bookkeeping to work with you?

For individual tax returns, no software is required — documents through our secure portal are enough. For businesses, we work primarily on Xero and can set up a new file or migrate an existing one. A well-kept cloud file means bank feeds instead of shoeboxes, a live GST position before each BAS, and financials that are ready when a lender or the ATO asks for them. We will not force a conversion where your current records genuinely work.

Who deals with routine ATO letters during the year?

We do. As your registered tax agent we receive most ATO correspondence through the agent portal — notices of assessment, PAYG instalment notices, lodgement reminders and debt letters. We review each item, action what sits within the engagement (varying instalments where justified, arranging payment plans, requesting remission where grounds exist), and bring anything needing your decision to you with a plain-English explanation.

What does the first year with a new accountant actually involve?

The first year carries more set-up than any year after it. We obtain ethical clearance from your previous accountant, add you to our tax agent list with the ATO, collect prior returns and carried-forward balances, and map every due date across your entities. Business clients usually have opening balances confirmed in Xero as well. Once the first lodgement round is through, the engagement settles into the ordinary quarterly and annual cadence.

Will messy records make my fees higher?

Usually, yes — fee quotes reflect the time an engagement genuinely takes, and a file that needs reconstruction is quoted differently from one that reconciles cleanly. The habits that keep fees down are unglamorous: a dedicated business bank account, receipts captured when the money is spent, private spending kept out of business accounts, and reconciliation queries answered while transactions are still fresh. Where clean-up is needed, we say so at scoping, quote it separately, and fix the underlying habit so it is a one-off cost rather than an annual one.

Do you also look after self-managed super funds?

Yes — SMSF accounting, the annual return and audit coordination with an independent auditor sit in their own section of the practice, scoped separately from personal and business tax work. If your fund and your business or investment affairs sit with the same practice, contribution timing and entity questions get considered together rather than in isolation. Start at our SMSF services page.

General advice warning: The information provided on this website is general in nature and does not constitute personal financial advice. Before making any financial decisions, you should consider your own circumstances and seek professional advice.

Local entry points

If you are searching by location.

Same practice, same Cherrybrook office. Local pages frame the work for clients searching by suburb or region — useful where you want local context before opening a wider engagement conversation. For the tax-accountant service framed around what each engagement includes, see our Cherrybrook tax accountant and Hills District tax accountant pages.

Book a consultation

A 20-minute call to scope the work and fees.

A scoping call before any engagement letter. We’ll tell you honestly if we’re not the right fit.