by PLH Accountants | Jun 2, 2026 | Accounting, Business, Sole Traders, Tax, Tips
Big changes are coming to the accounting industry. From 1 July 2026, Australian accountants will begin operating under expanded anti money laundering and counter terrorism financing laws. For many business owners, this means you may notice: • More identity checks•...
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...
