Nova Business Professionals

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Nova Business Professionals Accounting Firm in Charlestown New South Wales
We Specialise in Tax Returns- Financial Statements- Bookkeeping- Self Managed Super Funds and Consultations.
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20/10/2026

Using a company structure doesn’t automatically mean your income is taxed at the company level.

If you’re a consultant, engineer, tradie or other professional earning income from your personal skills and expertise, the ATO’s Personal Services Income (PSI) rules may affect how that income is taxed.
Getting PSI and Personal Services Business (PSB) wrong could mean unexpected tax liabilities, missed opportunities and compliance risks.
At NovaBP, we help you understand your business structure, assess your PSI obligations and determine whether the PSB rules may apply to your situation.
Not sure where you stand? Get in touch with us for a free initial consultation.
____________________________________________________________
Nova Business Professionals | Your Local Strategic Partner
📍 Visit us: 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

Many business owners don't realize that staying a Sole Trader as turnover increases is one of the most expensive mistake...
17/10/2026

Many business owners don't realize that staying a Sole Trader as turnover increases is one of the most expensive mistakes you can make in Australia.

Here’s what changes when you restructure with NovaBP:
✅ Lower Tax Rate: Cap your business income tax at 25% (vs. up to 45% individual rate).
✅ Asset Protection: Separate your business liabilities from your family home and personal savings.
✅ Scaling Freedom: Easily bring on partners, investor funding, or prepare for sale.
We make the entire restructuring process seamless, compliant, and stress-free.
📩 Ready to protect your wealth and optimize your cash flow?

👇Click 'Get Offer' below to book your FREE 1:1 Structure Review today!
____________________________________________________________
Nova Business Professionals | Your Local Strategic Partner
📍 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

16/10/2026

Your accountant should be more than just a tax-time contact.

At NovaBP, we provide year-round advice, quarterly business reviews, transparent fixed fees, and a dedicated local advisor who aims to respond proactively.
More than compliance, we're here to help your business move forward.

📩 Get in touch with us today!
____________________________________________________________
Nova Business Professionals | Your Local Strategic Partner
📍 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

Are you a contractor or consultant in Australia? Understanding PSI and PSB could make a real difference to how your inco...
15/10/2026

Are you a contractor or consultant in Australia? Understanding PSI and PSB could make a real difference to how your income is taxed.
So, what’s the difference between PSI and PSB?
🔹 PSI (Personal Services Income)
PSI is a type of income. If more than 50% of the income from a contract is for your personal skills, labour or expertise, it may be PSI. Setting up a Pty Ltd company or trust doesn’t change this.
🔹 PSB (Personal Services Business)
PSB is a status you can qualify for by passing one of the four PSB tests. If you qualify as a PSB, the PSI rules generally won’t apply to your qualifying income.
When the PSI rules apply (if you don’t qualify as a PSB):
❌ Income is generally attributed to you personally and taxed at your individual tax rates.
❌ You generally can’t split PSI with your spouse or partner.
❌ You generally can’t claim deductions for rent, interest, rates or land tax on your private residence.
❌ Wages paid to family members for administrative work generally aren’t deductible.
✅ You can still claim eligible expenses such as work-related tools, professional indemnity insurance, accounting fees, and the work-related portion of electricity and internet costs.
When you qualify as a PSB:
✅ Your business may be able to claim deductions under the usual business tax rules.
✅ You may be able to retain profits in your company or distribute them, but Part IVA anti-avoidance rules may still apply.
Working with just one client, charging by the hour and using your client’s laptop? You may be at greater risk of falling under the PSI rules, even if you operate through your own company.
👉 Not sure where your business stands? Get in touch with NovaBP for tailored advice before making your decisions.
____________________________________________________________
Nova Business Professionals | Your Local Strategic Partner
📍 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

Your focus should be on your patients and growing your medical practice - not constantly worrying about the numbers.With...
12/10/2026

Your focus should be on your patients and growing your medical practice - not constantly worrying about the numbers.
With years of experience, NovaBP helps Newcastle businesses manage their finances with reliable support across bookkeeping, BAS, payroll, tax and strategic planning, with transparent pricing and a team you can count on.

📩 Get in touch with us today.
____________________________________________________________
Nova Business Professionals | Your Local Strategic Partner
📍 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

📋 When your bookkeeping, payroll, BAS and tax are handled by different providers, you often end up being the one connect...
08/10/2026

📋 When your bookkeeping, payroll, BAS and tax are handled by different providers, you often end up being the one connecting the dots.
📩 More emails. More follow-ups. More explaining your business again and again.

With NovaBP, you get a team that looks at your finances as a whole, not just one part of them.
What does that mean for your business?
🤝 One team, less coordination
Your financial needs are managed in one place, so you spend less time chasing different providers.
💡 Advice that fits your business
We take the time to understand how your business works before advising you on tax, structure or financial decisions.
📊 Better visibility over your numbers
Regular financial insights can help you understand cash flow, profitability and where your business is heading.
📅 Plan ahead, not just at tax time
Instead of only looking at the numbers when deadlines arrive, you can make financial decisions with more time to prepare.
🌱 A long-term partner, not just a tax provider
As your business changes, your financial strategy can change with it.

Your accountant should help make running your business easier, not give you another inbox to manage.
💬 DM us today or book a quick free strategy session!
____________________________________________________________
Nova Business Professionals | Your Local Strategic Partner
📍 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

SMEs: YOU MIGHT BE MISSING THESE 4 TAX DEDUCTIONSHere are 4 commonly overlooked deductions you should check before lodgi...
01/10/2026

SMEs: YOU MIGHT BE MISSING THESE 4 TAX DEDUCTIONS
Here are 4 commonly overlooked deductions you should check before lodging your tax return.
🚗 Motor vehicle & travel
Business-related driving, travel and certain vehicle expenses may be deductible when properly recorded and supported.
🏠 Home office expenses
If you work from home, you may be able to claim eligible costs associated with using part of your home for business purposes.
🛠️ Instant asset write-offs
Eligible businesses may be able to claim certain business assets as an immediate deduction, subject to the applicable rules and thresholds.
💼 Unclaimed operational costs
Software, subscriptions, professional services, supplies and other day-to-day business expenses can add up but are easy to miss when records aren’t reviewed carefully.

Small expenses can add up to a meaningful difference. The key is knowing what you can claim, keeping the right records, and getting the timing right.

At NovaBP, we do more than simply prepare and lodge your tax return. Our Chartered Accountants take the time to understand your business, review your financial position and identify opportunities to manage your tax more strategically.
With tax, bookkeeping and business advisory from us, you get a clearer view of your numbers and practical guidance beyond tax time.

Need help reviewing your business deductions? Get in touch with NovaBP for a free consultation.
____________________________________________________________
Nova Business Professionals | Your Local Strategic Partner
📍 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

⏳ Stop wasting an average of 80+ hours a year scrambling to pull together unorganized financial data right before deadli...
29/09/2026

⏳ Stop wasting an average of 80+ hours a year scrambling to pull together unorganized financial data right before deadlines.
📊 Without mid-year strategic check-ins, companies miss out on thousands of dollars in legitimate write-offs, deductions, and cash flow optimizations.

🤝 If your accountant only shows up when a deadline is looming, they are treating your business like a transaction, not a partnership. Compliance keeps you out of trouble, but strategy keeps you profitable.
Imagine running your business with a real financial partner by your side. With NovaBP, you don’t just get year-end filing - you get ongoing support to help improve your tax position through:
💰 Proactive Tax Strategies: Continuous monitoring throughout the year to legally reduce your tax liability.
📈 Real-Time Financial Clarity: Insights into your cash flow, margins, and growth metrics so you never have to guess.
🧭 Dedicated Advisory: Strategic guidance on hiring, spending, and scaling, turning your numbers into a roadmap for stronger profit margins.

📅 Don’t leave financial decisions until the last minute.
💬 DM us today or book a quick strategy session to see how Nova can transform your business finances from a yearly headache into your greatest competitive advantage.
____________________________________________________________
Nova Business Professionals | Your Local Strategic Partner
📍 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

Need a simpler way to manage your tax situation? We bring your bookkeeping, tax and business advice together under one t...
23/09/2026

Need a simpler way to manage your tax situation? We bring your bookkeeping, tax and business advice together under one team.

Running a business already comes with enough to handle. When bookkeeping, tax, BAS and business advice are spread across different providers, keeping everything aligned can become another job on your plate.

With NovaBP, you get one responsive team to support your business across the numbers and beyond.

From day-to-day financial admin to expert advice, our Chartered Accountants help you understand your numbers and make informed business decisions.
_______________________________
Nova Business Professionals
📍 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

NovaBP help your trade business grow sustainably by taking care of the admin workload.The more your business grows, the ...
22/09/2026

NovaBP help your trade business grow sustainably by taking care of the admin workload.

The more your business grows, the more there is to keep track of. Tax returns, BAS, bookkeeping, payroll and cash flow can quickly take time away from the work that actually drives your business.

Let our team take care of the numbers and provide strategic advice to help you understand where your business stands and where it can go next.

From everyday financial admin to tax planning and business advice, we’re here to support you as your business grows.
_______________________________
Nova Business Professionals
📍 202 Pacific Hwy, Charlestown NSW 2290
📞 (02) 4943 6969
✉️ [email protected]
🌐 www.novabp.com

Address

202 Pacific Highway
Newcastle, NSW
2290

Opening Hours

Monday 8:30am - 4:30pm
Tuesday 8:30am - 4:30pm
Wednesday 8:30am - 4:30pm
Thursday 8:30am - 4:30pm
Friday 8:30am - 12:30pm

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