JD Scott & Co

JD Scott & Co We work with growing small businesses to improve profits, boost cashflow and reduce tax. At JD Scott & Co, our goal is simple.

To help our clients solve their accounting, tax, and business problems. As one of Sydney’s leading Chartered Accounting firms, we aim to help build your business and wealth, empowering you to reach your goals. We can help you face new challenges throughout every stage of your journey by focusing on building long-lasting relationships rather than one-off solutions. We’ll act as your trusted advisor

, helping you to make key financial and business decisions. We offer a complete financial solution for you, helping with everything from bookkeeping to complex tax structuring. Our qualified and professional team has a wide variety of experience, so you can trust that we have a solution to your problem.

Happy Birthday to our Managing Director- James Scott 🥳Here's to another year of being the LIFO of the party.
31/08/2026

Happy Birthday to our Managing Director- James Scott 🥳

Here's to another year of being the LIFO of the party.

This is costing your ecommerce business THOUSANDS $$$...The wrong product strategy.Most ecommerce owners pick dropshippi...
31/08/2026

This is costing your ecommerce business THOUSANDS $$$...

The wrong product strategy.

Most ecommerce owners pick dropshipping or wholesale without thinking about their overall strategy- causing failed launches and cash down the drain.

This guide gives ecommerce business owners what they need to select or correct their product strategy before it costs them more.

Read the full article here https://jdscott.co/news/dropshipping-vs-wholesale/

September is swiftly approaching! Here are the monthly ATO deadlines to add to your calendar.
26/08/2026

September is swiftly approaching! Here are the monthly ATO deadlines to add to your calendar.

Managing the numbers in your Ecommerce business can get complicated, especially when it comes to inventory accounting, o...
20/08/2026

Managing the numbers in your Ecommerce business can get complicated, especially when it comes to inventory accounting, or working out GST on a mix of domestic and international sales.

Our team has helped Ecommerce founders navigate exactly these problems.

If that's you, let's solve them together.

18/08/2026

Under the new changes, the second proposed method is to apportion the capital gains on either side of 1 July 2027 on a days basis.

James explains that this calculation can be complicated and won't suit all businesses, but it will be cheaper than getting a valuation.

16/08/2026

With the new changes, you may need to get a valuation done on 1 July 2027.
James explains how the transition to the new CGT rules are proposed to work if you opt for the valuation method.

Confused about how CGT will be calculated from 1 July 2027? You're not alone!In this Tax Explainer, James breaks down th...
13/08/2026

Confused about how CGT will be calculated from 1 July 2027? You're not alone!

In this Tax Explainer, James breaks down the second batch of proposed CGT changes and the two proposed methods.

1. Formal valuation: obtaining a valuation of the asset as at 1 July 2027.
2. Apportionment method: using a formula to apportion the capital gain between the pre and post 1 July 2027 periods.

Watch James's newest video to understand how this works in practice.
Video here- https://youtu.be/fy3UNPZ4JN0

Setting up new employees can pose a significant privacy risk when you're collecting tax file numbers and bank details ma...
12/08/2026

Setting up new employees can pose a significant privacy risk when you're collecting tax file numbers and bank details manually.

With Payday Super now in effect, that risk has gotten bigger. Get it wrong from the start and the first super payment can bounce, leaving you liable for the Superannuation Guarantee Charge.

XOnboard solves this. It's a free integration that links directly to Xero payroll and sends your new employee a secure link to fill in their details all in one place.

We recommend XOnboard to all small business owners using Xero. Read our full review here https://jdscott.co/news/xonboard-review/

10/08/2026

How will the government's proposed trust tax actually work?
James explains who's liable for the tax and clears up some common misconceptions about the proposal.

Watch the full proposal explainer on our YouTube channel.

Could your trust structure face an effective tax rate as high as 60%?The Treasury has proposed a 30% minimum tax on disc...
06/08/2026

Could your trust structure face an effective tax rate as high as 60%?

The Treasury has proposed a 30% minimum tax on discretionary trusts from 1 July 2028. The catch is that bucket companies won't get franking credits for tax the trust has already paid, pushing the effective tax rate to 60%+.

It's not law yet, but these changes could reshape how wealth is built through small businesses in Australia.

James breaks down what's proposed, with practical examples in our latest video.
https://youtu.be/1Ew0Ieza3ck

Address

Suite 2. 03/Level 2, 139 Macquarie Street
Sydney, NSW
2000

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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