Accounting services for Penrith small businesses.
Carmody Accounting is an accounting firm based in Penrith, NSW. We help small to medium businesses across Western Sydney with tax, bookkeeping, business structuring, and year-round business advisory.
About Our Accounting Services
Carmody Accounting provides four core services for small to medium businesses in Western Sydney: Business Tax & Accounting, Individual Tax Returns, Business Setup & Advice, and Bookkeeping & Advice. The Penrith-based team helps clients understand tax and compliance obligations, keep records organised and make better-informed business decisions. Service scope depends on each client's circumstances and engagement.
Business Tax & Accounting
Tax planning is more useful before the financial year closes. Carmody helps business owners review their position during the year so relevant deductions, structure issues and timing decisions can be considered while there is still time to act.
- Annual financial statements & tax returns
- BAS & GST lodgement
- PAYG withholding & payroll tax compliance
- ATO audit support & representation
- Year-round tax planning & strategy
- Cashflow forecasting & budgeting
Individual Tax Returns
Plenty of accountants will process your return. We take time to understand your situation and review the deduction categories that may be relevant — from investment property expenses to work-from-home claims.
- Individual income tax return lodgement
- Investment property deductions
- Capital gains tax (CGT) calculations
- Work-from-home expense claims
- HELP/HECS repayment advice
- Prior year overdue returns
Business Set Up & Advice
Your structure affects tax, liability, administration and future options. We help new and existing business owners across Penrith and Western Sydney compare the practical implications before making a change.
- Business structure advice (company, trust, sole trader)
- ABN & company registration
- GST & tax registration
- Asset protection strategies
- Business purchase due diligence
- Succession planning & exit strategies
Bookkeeping & Advice
Bookkeeping is more useful when it keeps records current and gives you a clearer view of what is happening in the business. Carmody can combine bookkeeping and accounting support within the same firm where that suits the agreed scope.
- Weekly, fortnightly or monthly bookkeeping
- Bank reconciliation & accounts payable/receivable
- Payroll processing & Single Touch Payroll (STP)
- BAS preparation & lodgement
- Xero & MYOB setup and support
- Management reporting & KPI dashboards
Changing accountants does not have to be complicated.
If the current relationship is no longer giving you the communication, visibility or service scope you need, start with a practical conversation about what would actually need to change.
Accounting services in Penrith — FAQs
Everything you need to know about working with a Penrith accountant.
What accounting services does Carmody offer in Penrith?
Carmody Accounting offers business tax and accounting, individual tax returns, business set up and structure advice, and bookkeeping services for small to medium businesses in Penrith, the Blue Mountains, and Western Sydney.
How much does an accountant in Penrith cost?
Costs depend on the complexity of your situation. Book a free 15-minute consultation and we'll give you a clear quote upfront.
Can Carmody help if I'm behind on my tax returns?
Yes. We regularly assist clients with overdue returns and can liaise with the ATO on your behalf to minimise penalties and establish payment plans where needed.
Do you work with Xero and MYOB?
Carmody Accounting can support bookkeeping and accounting workflows using Xero and MYOB. The setup or migration work required depends on your current records and systems.
Not sure where to start?
Book a free 15-minute call with Jai. We'll point you in the right direction — no obligation, no jargon, just straight answers from a Penrith accountant.