Electrician

Bookkeeping for Sydney electricians

You are on a roof at 6 am. You are not thinking about bank reconciliation. You should not have to.

Sound familiar?

If any of these describe your week, you are not alone — and you do not have to keep doing it yourself.

Receipts live in the van

Bunnings runs, wholesaler invoices, fuel — they end up in the glovebox, a phone folder, or nowhere. When BAS is due, you are hunting for paper.

Quoting is not invoicing

You quote on the spot, finish the job, and sometimes forget to invoice until someone chases. Cash flow suffers because your admin does.

BAS sneaks up every quarter

You know it is coming. You push it off. Then it is late, and the ATO sends a letter you do not want to open.

What we handle for you

Every item below is done by our team and reviewed by your CPA. You do not touch any of it.

  • Bank feed connection and monthly reconciliation
  • Receipt capture — snap from your phone, we code and file it
  • Quarterly BAS preparation and on-time lodgement
  • Invoicing follow-up and debtor tracking
  • Payroll and super for apprentices or subcontractors
  • Year-end close so your tax return is ready when it is due

The outcome

Your books are current. BAS is lodged on time. You know what you actually earned last month — not what you think you earned. And you never open a glovebox looking for receipts again.

I used to dread tax time. Now I do not even think about it. They just tell me when it is done.

Electrical contractor, Inner West

Common questions from electricians

Can I claim my van as a tax deduction?

Yes, but the method matters. You can use the logbook method (actual expenses proportional to business use) or the cents-per-kilometre method for cars under the luxury car limit. For a commercial vehicle used predominantly for business, you may be able to claim 100% of running costs. We set up the right method and maintain the records so it holds up if the ATO asks.

Should I be a sole trader or a company?

It depends on your turnover, risk profile, and growth plans. Sole trader is simpler but exposes personal assets and caps out on tax rate advantages above $45K taxable income. A company or trust structure can provide asset protection and tax planning flexibility — but adds compliance cost. We model both scenarios with your actual numbers so the decision is clear.

What happens if my BAS is already overdue?

We catch it up. We reconstruct from bank data, lodge the overdue returns, and where appropriate, apply to the ATO for penalty remission. Most penalties for late lodgement can be remitted if you have a reasonable excuse and get back on track — which is exactly what we do.

Need tax and advisory too?

Tax structuring, advisory, and strategic planning for your industry — from the same team.

Ready to talk?

15 minutes. No obligation. We assess whether our specialisations match your situation. If they don't, we'll tell you straight.