7 Questions You Should Be Asking Your Accountant in 2026

As we head into 2026, it’s an ideal time to step back and make sure your accounting advice is still aligned with where you’re heading. Tax legislation continues to change, business conditions evolve, and what worked for you in the past may no longer be the most effective approach today.

At our firm, we believe the best results come from proactive conversations — not just year-end compliance. Here are seven key questions we encourage our clients to ask their accountant in 2026.

1. Am I paying more tax than I need to?
A regular review of your tax position helps ensure you’re not leaving money on the table. This includes making sure all eligible deductions, offsets, and concessions are being applied correctly and strategically.

2. Is my current structure still appropriate?
Your business or investment structure should support your income level, risk profile, and long-term goals. As circumstances change, it may be time to review whether your existing structure is still the right fit.

3. What can I do now to reduce future tax?
Effective tax planning happens well before lodgement. We work with clients throughout the year to identify opportunities around timing of income, expenses, and asset purchases to legitimately manage tax outcomes.

4. Am I compliant with current ATO requirements?
The ATO regularly updates its focus areas and compliance expectations. Staying informed and compliant helps reduce risk, minimise penalties, and avoid unnecessary stress.

5. What do my numbers really say about my cash flow?
Profit is only part of the picture. Understanding cash flow is critical to running a sustainable business. Reviewing your financials can highlight strengths, pressure points, and opportunities for improvement.

6. Are my payroll and superannuation obligations up to date?
With ongoing changes to super guarantee rates, contractor rules, and payroll reporting, it’s important to ensure everything is accurate and up to date to avoid costly issues down the track.

7. What should I be planning for over the next few years?
Whether you’re focused on growth, succession planning, or stepping back, forward planning allows you to make informed decisions with confidence and clarity.

Working with an accountant who looks ahead
Our approach goes beyond compliance. We partner with our clients to provide practical advice, strategic planning, and ongoing support — helping you stay informed, compliant, and in control of your financial future.

Got an accounting question? Contact us