Webb Financial (Accounting) Pty Ltd

About

In the practice's own words, from its website

• Established in 2013
• Over 1,500 clients across NSW
• 90%+ client retention rate
• Offices in Wollongong, Shellharbour, Ramsgate

Services

• Business Accounting & Taxation

  We provide fixed-fee, proactive accounting to keep your finances compliant, efficient, and ready for growth. Our services include monthly bookkeeping, payroll management, BAS preparation, and tax returns.

• Lending & Finance

  As accredited mortgage and finance brokers, we compare loans from over 35 lenders to find the right finance for your goals. We assist with home loans, refinancing, investment property loans, and business finance.

• Taxation & Personal Advice

  Our qualified tax advisers and accountants help individuals, investors, and families with tailored tax preparation and planning. We maximise results while ensuring compliance for personal and partnership tax returns, CGT, and property deductions.

• Wealth Management & Financial Advice

  Achieve long-term financial security with guidance from our experienced financial advisers. We help you create a strategy that balances lifestyle goals, wealth creation, and retirement planning, including SMSF setup and compliance.

• BAS Preparation & Lodgement

  We prepare, review, and lodge your Business Activity Statements, covering GST, PAYG, superannuation, and fringe benefits tax. We ensure everything is accurate and on time.

• Bookkeeping Services

  We set up and maintain your payroll systems, ensure correct tax withholding, manage Single Touch Payroll reporting, and reconcile payroll data. Clean books from day one save you time and money.

• Business Startup Advice

  We help entrepreneurs and new business owners build a financially sound business from the ground up. This includes choosing your business structure, tax registration, and accounting software setup.

• Structures & Asset Protection

  We assess your situation and recommend the right business structure, then handle ABN registration, TFN applications, and ASIC company registration. We also assist with asset protection strategies.

Questions people ask

What is a BAS and who needs to lodge one?

A business activity statement is a form you submit to the Australian Taxation Office to report your GST, PAYG withholding, PAYG instalments, and other tax obligations. If your business is registered for GST or has employees, you need to lodge a BAS, usually on a quarterly basis. Some businesses lodge monthly or annually, depending on their turnover and entity type.

What is the difference between a BAS agent and a tax agent?

A BAS agent is registered to provide services related to activity statements, including GST, PAYG, superannuation, payroll, and fringe benefits tax reporting. A tax agent can provide all BAS services plus broader tax advice, tax return preparation, and representation with the ATO. Webb Financial is a registered tax agent, which means we cover the full scope of BAS and tax services under one roof.

What happens if my BAS is lodged late?

The ATO can impose a failure to lodge penalty for each 28-day period your BAS is overdue. If you also owe a payment, a general interest charge applies from the due date. Using a registered tax agent gives you access to extended lodgement deadlines.

Can you fix BAS lodgements from previous periods?

If a previous BAS was lodged with errors such as incorrect GST coding, missed transactions, or wrong PAYG amounts, we can prepare and lodge a revised activity statement with the ATO. We review your historical lodgements when we onboard your business so any issues are identified and corrected early.

How much does BAS lodgement cost with Webb Financial?

BAS lodgement is included as part of our ongoing fixed fee monthly accounting packages. The cost depends on the size and complexity of your business, transaction volume, number of employees, reporting frequency, and whether we also manage your bookkeeping. Your first consultation is free, and we provide a clear quote before any work begins.

Do I need to use specific software for BAS?

There is no ATO requirement to use a particular software product, but cloud-based accounting software like Xero makes the process significantly more efficient. It automates bank feeds, categorises transactions, calculates GST, and generates BAS-ready reports. We set up and support Xero for most of our clients and can migrate you from other platforms if needed.