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Monday 10am - 6:30pm Tuesday 10am - 6:30pm Wednesday 10am - 6:30pm Thursday 10am - 6:30pm Friday 10am - 6:30pm

Honest & Young

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Australia
Melbourne, VIC
Honest & Young

We are Accountants, Tax Agents and Business Advisors. For us, Client is not just a Transaction. We Value Relationships.

Honest & Young is a boutique CPA practice that help individuals & businesses in tax compliance by deliberating with the clients to understand their issues to deliver impactful solutions. Working as a team of accountants, tax agents, and business advisors, Honest and Young offer professional services that build on their industry experience and grassroots approach

12/09/2025

📦 Running an online store?
Your passion is selling — ours is making sure the numbers add up.

At Honest and Young, we help ecommerce business owners:
📊 Track profits with accuracy
💡 Manage GST without the headaches
🚀 Scale your business with confidence

From Shopify to Amazon, we know the numbers behind a thriving online business — and we’re here to make sure yours is one of them.

📩 Message us today and let’s get your online store set up for success.

10/09/2025

💻 Cash flow is king in ecommerce. Without it, even the best-selling store can struggle.

At Honest and Young, we help online business owners:
📊 Monitor cash flow in real time
💡 Forecast for busy and quiet seasons
📦 Keep stock levels balanced without tying up too much cash

Whether you’re on Shopify, Amazon, or Etsy, our award-winning accounting team ensures your money is working for you — so you can keep growing with confidence.

📩 Let’s talk about keeping your ecommerce cash flow strong.

28/08/2025

🏘️ Property Investors: Are You Claiming Your Full Depreciation Deductions?

Depreciation is one of the most powerful (and underused) tools to reduce your tax bill.

💰 Capital works (building structure) and plant & equipment (appliances, carpets, A/C units) can add up to thousands in deductions each year.

At Honest and Young, we help you:
✔ Identify all eligible assets
✔ Work with quantity surveyors if needed
✔ Record depreciation accurately in your books
✔ Maximise tax savings without ATO headaches

📊 Want to make depreciation work for you this tax year?
📩 Send us a message — we’ll handle the numbers.

22/08/2025

🏢 Sole trader, Partnership, Company, Trust — which one’s right for you?

Your business structure impacts more than you think:
🔹 Tax savings (or tax headaches)
🔹 Liability & asset protection
🔹 Future growth and flexibility

👉 If you’ve been running your business the same way for years, it might be time to check if your current structure is still the best one.

At Honest & Young, we help business owners review and optimize their setup so they’re not leaving money — or protection — on the table.

📞 Ready to find out if you’re on the right structure? Let’s talk.

21/08/2025

💡 The right business structure can make or break your success.
From sole trader to partnership to company to trust, your structure affects:
✔ Tax obligations
✔ Liability & asset protection
✔ Growth opportunities
✔ Compliance requirements

At Honest & Young, we help you choose and set up the structure that best fits your goals — so you can focus on running your business with confidence.

📞 Book a free consultation today and get it right from the start.

15/08/2025

Happy Indian Independence Day! 🎉

Today, we celebrate the rich culture, history, and achievements of India — and the vibrant Indian community here in Australia that adds so much to our nation’s diversity and success.

From all of us at Honest and Young, we wish you a joyful Independence Day filled with pride, reflection, and connection.

🌏 Here’s to freedom, unity, and building a bright future together — both in Australia and abroad.

14/08/2025

💼 SaaS Founders: Is Your Payroll & Contractor Setup STP-Compliant?

Between contractors, share-based payments, and Single Touch Payroll (STP), getting it right is critical — and complex.

At Honest and Young, we help SaaS and tech companies:
✔ Set up compliant payroll systems
✔ Distinguish correctly between employees & contractors
✔ Streamline monthly payroll & reporting
✔ Avoid ATO penalties before they arise

🔧 From first hires to scaling teams — we’ll simplify your payroll close and keep everything compliant.

📩 DM us to get your payroll health check.

11/08/2025

🏘️ Property Investors: Are You Claiming Your Full Depreciation Deductions?

Depreciation is one of the most powerful (and underused) tools to reduce your tax bill.

💰 Capital works (building structure) and plant & equipment (appliances, carpets, A/C units) can add up to thousands in deductions each year.

At Honest and Young, we help you:
✔ Identify all eligible assets
✔ Work with quantity surveyors if needed
✔ Record depreciation accurately in your books
✔ Maximize tax savings without ATO headaches

📊 Want to make depreciation work for you this tax year?
📩 Send us a message — we’ll handle the numbers.

04/08/2025

Thinking About Using a Trust for Your Property Investments?

Timing and structure matter — and getting it wrong could cost you.

Whether you're considering a family trust, discretionary trust, or unit trust, each comes with unique tax, asset protection, and income distribution advantages.

🏡 At Honest and Young, we help real estate investors:
✔ Choose the right trust structure
✔ Set it up in compliance with ATO rules
✔ Maximize long-term tax benefits

Don’t leave your investments vulnerable — get the right structure from day one.

📩 DM us for a trust structure strategy session.

23/07/2025

🧱 Builders & Contractors – Struggling with cash flow across multiple sites?

When you're juggling several projects, even small delays in payments can cause major funding headaches.

💸 Avoid the crunch with smart project cash-flow forecasting:
🔹 Map out progress payment milestones vs. supplier due dates
🔹 Anticipate payroll obligations across crews
🔹 Plan for GST, tax, and insurance timing
🔹 Avoid relying on credit to fund shortfalls

📊 We help construction businesses build job-by-job forecasts, so you stay in control — and your sites stay moving 💪

📩 Message us for a free forecast template or to book a custom cash-flow planning session.

16/07/2025

🍽️ Hospitality Employers – Payroll Alert!
From 1 July, minimum pay rates are increasing across the Hospitality Award. Is your payroll system ready?

✅ Ensure:

Public holiday & weekend loadings are up to date
New base rates are applied correctly
All staff classifications are reviewed
⚠️ Mistakes in pay = compliance breaches & penalties from Fair Work.

📊 Need help updating your payroll system or reviewing current pay structures? We’re here to help! Send us a DM for a fast compliance check-up.

04/07/2025

🍴 Hospitality Owners – Is Your POS Talking to Your Books?
Your Point-of-Sale (POS) system holds powerful insights — but only if it’s integrated correctly!

✅ With seamless POS-bookkeeping sync, you can:
🔹 Save hours on manual reconciliations
🔹 Track daily sales vs. expenses effortlessly
🔹 Spot trends in menu performance & staff productivity
🔹 Ensure accurate GST and BAS lodgments

💡 Whether you're using Square, Lightspeed, Kounta, or others, we can connect your POS directly with Xero, MYOB or QuickBooks.

📞 Want to automate and tidy up your back-of-house processes? Send us a message to get started!

Address

403/434 Saint Kilda Road
Melbourne, VIC
3004

Opening Hours

Monday	10am - 6:30pm
Tuesday	10am - 6:30pm
Wednesday	10am - 6:30pm
Thursday	10am - 6:30pm
Friday	10am - 6:30pm

Website

http://www.honestandyoung.com.au/

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