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business accounting
Sole Trader vs Company
Choosing a business structure can feel like picking between two very similar doors. Both can lead to a successful business, but they work differently. If you are starting a business in Australia, you may consider operating as a sole trader or setting up a company. Your choice can affect tax, liability, administration and future growth....
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Business Succession Planning
Every business owner will eventually leave their business, whether through retirement, selling, or unexpected circumstances. That is why business succession planning is essential. A well-prepared succession plan protects everything you have worked hard to build while making the transition smoother for employees, customers, and family members. Many business owners delay succession planning because it feels...
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Digital Payments and Business Accounting
Digital payments have changed the way Australian businesses operate. Cash transactions are becoming less common, while online payments continue to grow across many industries. Whether you run a retail store, café, consultancy, or trade business, digital payments create faster transactions and better customer experiences. They also create new accounting responsibilities that require careful management. Many...
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Tradie tax deductions Australia
Tradies are the backbone of Melbourne’s economy—building homes, fixing problems, and keeping projects moving. But while you handle tools with confidence, tax time often feels like navigating a maze. The good news is you don’t need to go it alone. With the right strategies, and support from professionals like Opulent Accountants, you can maximise deductions,...
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Professional Accounting Firm
When EOFY approaches, partnering with a registered tax agent or accounting firm transforms tax filing from a compliance exercise into a strategic advantage. For Melbourne individuals and businesses, professional support can profoundly impact refunds, savings, and financial confidence. What difference does a professional make? Officeworks data shows that taxpayers using tax agents obtain an average...
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accounting developments
The Australian accounting landscape has experienced significant developments recently, consequently impacting professionals and organizations alike. To illustrate this, below is an overview of key events that are shaping the industry: CPA Australia Implements Workforce Reductions Amid Financial Challenges CPA Australia, the nation’s largest professional accounting body, has initiated a redundancy program affecting approximately 10% of...
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role of decision making
In the bustling world of small businesses, the ability to make informed decisions can be the difference between thriving and merely surviving. Opulent Accountants recognizes the unique challenges faced by small businesses and underscores the vital importance of effective decision-making in this context. In this blog, we explore how strategic decision-making can be a game-changer...
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tax and accounting services
As a business owner in Melbourne, it’s important to have a reliable team of accountants to help manage your finances. Furthermore, at Opulent Accountants, we understand that navigating the complex world of taxes and financial planning can be overwhelming. Therefore, we’re here to help businesses of all sizes with their tax returns, BAS returns, bookkeeping,...
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Financial Audit Preparation
As the time for financial audits comes closer, it can create a stressful and difficult work environment for any business professional. Organizing your finances and tracking missing receipts and paperwork can distract you from other important tasks. So, how can you better prepare for a financial audit? Plan Ahead You know that your audit happens at...
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    Nishant Kosambi profile picture
    Nishant Kosambi
    2 February 2023
    Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
    Excellent work by Dayan, Chamie, Lihini and the entire team. They have always been very professional and helpful. They have taken care of my business and personal tax obligations for many years. They have also sought financial solutions for me. I am very happy with how thorough Dayan is with his work. Clear communication and regular follow-ups all the way. 5 stars for this gem of a person and his team.
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    Ajith Ratnarajah profile picture
    Ajith Ratnarajah
    6 November 2022
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    These guys are very professional. You get the best of both worlds of a personalised service from a company rather than from an individual accountant. Their processes are well established. I would strongly recommend Opulent for any small, big companies and high net worth individuals.
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    Da Bella profile picture
    Da Bella
    12 August 2022
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    I consider myself extremely luck to be introduced to Dayan and his team. I found the solution to my loan requirement in one meeting itself...Super efficient, friendly and humble....Opulent finance rocks!!
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    srikanth chintalapudi profile picture
    srikanth chintalapudi
    11 July 2022
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    Dayan and his team did it again!!! They're proactive and provided timely advice in the recent sale of my investment property. They're advice saved me a lot of $$. Dayan and his team have been assisting me for the last 10+ years and they're always a lifesaver. Highly recommend!
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    Chamith Subasinghe profile picture
    Chamith Subasinghe
    15 February 2022
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    The team at Opulent have been extremely helpful and resourceful in securing a home loan for me. The responses have always been quick and progress made quickly through the loan application process. The advice provided by Opulent is high quality and very useful, special call out to Ishara and Dayan who have been very knowledgeable, experienced and professional. I have recommended Opulent to my friends and they have had positive experiences as well. I would highly recommend giving Opulent a go!
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    Daniel C profile picture
    Daniel C
    26 December 2021
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    Highly recommend Opulent Accountants! I've been lucky enough to deal with Hasi, Dayan and Charlene and all three of them have been a great help. Thanks guys.
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    Sam profile picture
    Sam
    5 November 2021
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    Great Accountants and Mortgage Brokers. Prompt, Professional, Well-informed and Responsive.
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    Kesh Aryaratne profile picture
    Kesh Aryaratne
    11 October 2021
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    The team at Opulent are professional, accessible, friendly and most importantly prompt in getting matters sorted. I have had the pleasure in dealing with both Dayan and Hasi who have guided me throughout and have been extremely helpful in getting my complex tax matters sorted on time and in a professional manner. Great work guys.
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    Mukesh S profile picture
    Mukesh S
    29 September 2021
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    I was apprehensive to take the plunge into refinancing my loans. However Dayan and his team were very patient and made it a point to respond to all my queries and doubts . They must be leading busy lives themselves, however they were flexible and accommodative of my requests for meetings at close of business hours. Further I noticed that they are particular in their and the customer's paperwork. Along with Dayan, I'd like to call out the efforts put in by Ishara for ensuring a smooth transition. She has ben patient with my many queries and diligent in her handling of the paperwork. Thank you Dayan and team.