by PLH Accountants | May 28, 2026 | Accounting, Business, Sole Traders, Tax, Tips
There comes a point where being busy stops feeling like progress and starts feeling like pressure. For many growing trade, transport and contractor businesses, this happens somewhere between $500,000 and $1 million in turnover. Work is steady. The schedule is...
by PLH Accountants | May 25, 2026 | Accounting, Business, Sole Traders, Tax, Tips
Many business owners assume that if their business is profitable, it should also feel financially comfortable. At a certain level of growth, that assumption starts to break down. For trade, transport and contractor businesses operating in the $500,000 to $1...
by PLH Accountants | May 21, 2026 | Accounting, Business, Sole Traders, Tax, Tips
There comes a point where staying as a sole trader stops being simple and starts becoming expensive. For many trade and contractor businesses, starting as a sole trader is the right decision. It is easy to set up, cost effective to run and requires minimal...
by PLH Accountants | May 18, 2026 | Accounting, Business, Sole Traders, Tax, Tips
At a Certain Level, Your Accountant Should Do More At a certain level of turnover, your accountant should not just be preparing tax returns. They should be helping you run a better business. For many owners, the relationship starts with compliance.Tax returns are...
by PLH Accountants | May 13, 2026 | Accounting, Business, Sole Traders, Tax, Tips
Many business owners work hard to build their business but give very little thought to how they actually pay themselves. In the early stages, it is common to take money out of the business as needed. Cash is withdrawn when available, often without a clear...
