Honest & Young

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

πŸ“¦ Running an online store?Your passion is selling β€” ours is making sure the numbers add up.At Honest and Young, we help ...
12/09/2025

πŸ“¦ Running an online store?
Your passion is selling β€” ours is making sure the numbers add up.

At Honest and Young, we help ecommerce business owners:
πŸ“Š Track profits with accuracy
πŸ’‘ Manage GST without the headaches
πŸš€ Scale your business with confidence

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

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

πŸ’» Cash flow is king in ecommerce. Without it, even the best-selling store can struggle.At Honest and Young, we help onli...
10/09/2025

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

At Honest and Young, we help online business owners:
πŸ“Š Monitor cash flow in real time
πŸ’‘ Forecast for busy and quiet seasons
πŸ“¦ 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 β€” so you can keep growing with confidence.

πŸ“© Let’s talk about keeping your ecommerce cash flow strong.

🏘️ Property Investors: Are You Claiming Your Full Depreciation Deductions?Depreciation is one of the most powerful (and ...
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.

πŸ’° 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:
βœ” Identify all eligible assets
βœ” Work with quantity surveyors if needed
βœ” Record depreciation accurately in your books
βœ” Maximise tax savings without ATO headaches

πŸ“Š Want to make depreciation work for you this tax year?
πŸ“© Send us a message β€” we’ll handle the numbers.

🏒 Sole trader, Partnership, Company, Trust β€” which one’s right for you?Your business structure impacts more than you thi...
22/08/2025

🏒 Sole trader, Partnership, Company, Trust β€” which one’s right for you?

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

πŸ‘‰ 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 β€” or protection β€” on the table.

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

πŸ’‘ The right business structure can make or break your success.From sole trader to partnership to company to trust, your ...
21/08/2025

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

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

πŸ“ž Book a free consultation today and get it right from the start.

Happy Indian Independence Day! πŸŽ‰Today, we celebrate the rich culture, history, and achievements of India β€” and the vibra...
15/08/2025

Happy Indian Independence Day! πŸŽ‰

Today, we celebrate the rich culture, history, and achievements of India β€” 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 β€” both in Australia and abroad.

πŸ’Ό SaaS Founders: Is Your Payroll & Contractor Setup STP-Compliant?Between contractors, share-based payments, and Single ...
14/08/2025

πŸ’Ό SaaS Founders: Is Your Payroll & Contractor Setup STP-Compliant?

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

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

πŸ”§ From first hires to scaling teams β€” we’ll simplify your payroll close and keep everything compliant.

πŸ“© DM us to get your payroll health check.

🏘️ Property Investors: Are You Claiming Your Full Depreciation Deductions?Depreciation is one of the most powerful (and ...
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.

πŸ’° 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:
βœ” Identify all eligible assets
βœ” Work with quantity surveyors if needed
βœ” Record depreciation accurately in your books
βœ” Maximize tax savings without ATO headaches

πŸ“Š Want to make depreciation work for you this tax year?
πŸ“© Send us a message β€” we’ll handle the numbers.

Thinking About Using a Trust for Your Property Investments?Timing and structure matter β€” and getting it wrong could cost...
04/08/2025

Thinking About Using a Trust for Your Property Investments?

Timing and structure matter β€” 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:
βœ” Choose the right trust structure
βœ” Set it up in compliance with ATO rules
βœ” Maximize long-term tax benefits

Don’t leave your investments vulnerable β€” get the right structure from day one.

πŸ“© DM us for a trust structure strategy session.

🧱 Builders & Contractors – Struggling with cash flow across multiple sites?When you're juggling several projects, even s...
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.

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

πŸ“Š We help construction businesses build job-by-job forecasts, so you stay in control β€” and your sites stay moving πŸ’ͺ

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

🍽️ Hospitality Employers – Payroll Alert!From 1 July, minimum pay rates are increasing across the Hospitality Award. Is ...
16/07/2025

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

βœ… 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.

πŸ“Š 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.

🍴 Hospitality Owners – Is Your POS Talking to Your Books?Your Point-of-Sale (POS) system holds powerful insights β€” but o...
04/07/2025

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

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

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

πŸ“ž 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

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