Accountants for IT Professionals
Tax and accounting advice for IT contractors, consultants and freelancers
Accountants for IT Professionals
Cordner Advisory has worked with IT contractors, consultants, and technology businesses across the Gold Coast and South East Queensland for over two decades.
The tax obligations for IT professionals are more complex than most people realise. PSI rules, contracting structures, deductions, and super management all sit differently depending on how you work and who you work for.
We make sure your structure is right, your deductions are maximised, and your tax position doesn't come as a surprise at the end of the year.
Accounting Support for All IT Professionals
Cordner Advisory supports IT professionals across the Gold Coast at every stage, with clear, practical advice backed by experience to help you structure correctly and move forward with confidence.
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As accountants for IT contractors, we help you weigh up PSI rules, rates and structure from day one. This gives you a setup that holds up, so your deductions and tax position stay solid.
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IT consultants often juggle multiple clients and contracts at once. We help you structure your income correctly, claim what you're entitled to, and stay compliant without losing time to admin.
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Freelancing gives you flexibility, but it also means you're responsible for your own tax, super and record-keeping. We keep things simple so you can focus on client work, not paperwork.
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Running an information technology business or agency brings payroll, contractor management and growth planning into the mix. We help you scale with the right structure and systems behind you.
Our IT Accounting Services
We can help you with…
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Get this wrong and the ATO can strip your deductions back to almost nothing. We test every contract against the PSI rules early, so your structure and deductions stay on the right side of them.
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The right structure protects your income and keeps things simple at tax time. We help information technology contractors choose between a sole trader, a company, or a trust based on how they actually work.
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IT contractors often miss deductions they're entitled to, or claim ones that raise red flags with the ATO. We identify exactly what applies to your situation and build a clear plan to legally minimise your tax.
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Super obligations shift depending on who you contract through and how you're structured. We make sure contributions are correct, so nothing falls through the cracks between information technology contracts.
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Lodging BAS late or getting GST treatment wrong is one of the most common issues we see with contractors. We keep your reporting accurate, compliant, and lodged on time, every single quarter without fail.
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Gaps between contracts and slow-paying clients can strain even a well-run IT business. We help you forecast cash flow properly and set up invoicing systems that keep money moving in consistently.
Your IT Accounting Specialist
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Jarrad Young
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Common IT Accounting Questions
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PSI (Personal Services Income) rules apply when most of your income comes from your own labour rather than a business structure. If your contracts are caught by PSI, it limits which deductions you can claim and how your income is taxed, so getting this right from the start matters.
Contact our team to book a free consultation.
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If your contract fails the PSI tests, the ATO treats your income more like personal earnings than business income. This means many deductions you might otherwise claim, like certain expenses run through a company, are no longer available to you.
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If your income, client base or way of working has shifted since you first set up, it's worth reviewing your structure. Signs it might need to change include taking on multiple clients, hiring staff, or growing beyond what a sole trader setup can support.
Get in touch to discuss how we can support you. -
It depends on how you work, how much you earn, and your long-term goals. Sole trader suits simple, single-client arrangements, while a company or trust often works better once you're earning more or want asset protection and flexibility.
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Ideally, before you sign your first contract, since your structure and PSI position are hardest to fix retroactively. If you're already contracting without specialist advice, now is still the right time to get it reviewed properly.
Speak with our team before you sign your next contract.
Other Cordner Advisory Services
