Accounting for Insurance Brokers

How We Can Help

To grow a successful insurance brokerage, you need more than just strong sales – you need a clear, strategic approach to your numbers. At JD Scott + Co Chartered Accountants, we specialise in helping insurance brokers build a solid financial foundation. Smart tax planning and accounting are key to scaling your business and achieving long-term growth. We assist with efficient budgeting, cash flow management, and addressing financial inefficiencies. Whether you’re managing commissions, navigating tax complexities, or improving operational efficiency, our expertise can guide you to a more profitable and scalable future.

Our Services

Our Accounting Services for Insurance Brokers

Accounting & Financial Management: We offer comprehensive bookkeeping services to ensure your financial records are accurate and up-to-date. From tracking commissions to managing client accounts, we handle the details so you can focus on growing your business.

Tax Planning & Compliance: Tax compliance is critical for insurance brokers, with strict industry-specific regulations. Our tax planning services ensure your business meets all requirements while minimising your tax liabilities. We help you navigate the complexities of GST, fringe benefits tax (FBT), and income tax, providing peace of mind.

Budgeting & Forecasting: Accurate budgeting and forecasting are key to managing cash flow and planning for growth. Our services offer detailed financial analysis, helping you anticipate challenges and seize opportunities within your brokerage.

Cash Flow Management: Cash flow is the lifeblood of any insurance brokerage. We provide customised cash flow management strategies to ensure you maintain financial stability, manage client payments, and plan for future growth.

Online Software Xero Integration: JD Scott + Co helps insurance brokers integrate their financial operations with Xero. By connecting your brokerage software with Xero, we create a seamless process that improves accuracy and saves you both time and money.

Payroll Services: We offer complete payroll services for insurance brokers, allowing you to focus on your business. Our tailored solutions streamline payroll management, using the latest software to ensure timely and accurate payments.

Advisory Services: Our advisory services provide personalised financial advice for insurance brokers. We guide you through market trends, helping you align your financial strategies with the growth and development of your business.

Contact JD Scott + Co Today

Ready to streamline your accounting and grow your insurance brokerage? JD Scott + Co offers specialised accounting services for insurance brokers, helping you navigate the financial complexities of the industry. Contact us today to learn how we can support your business.

Testimonials

Listen to what our clients have to say!

We engaged JD Scott & Co to assist us with year end financial reporting. They are a highly professional firm, with deep experience and provided us with quality solutions.

Brenton Charnley

COO, Cover Genius

We retained JD Scott + Co to assist us in preparing a forecast model for the expansion of our business. They were able to tackle complex problems and succinctly communicate solutions for us.

Ben Mayo

CEO, Express Settlement

Great service, responsive and great advice

Edward Sin

Sine Projects Pty Ltd

l found JD Scott & Co fairly randomly through a Google search, and I'm so happy I did. James has been very responsive, got on top of our overdue stuff very quickly, has been very patient in explaining things to me and proactive in flagging potential areas to investigate for savings or other benefits. Thanks James!

Joanne Jenkins

James assisted us greatly over a difficult year end period. He was able to promptly get on top of the issues and put forward workable solutions, by coupling strong technical skills with practical experience. I will strongly recommend JD Scott + Co to Finance leaders that need personalised attention from a senior, experienced finance professional as a credible alternative to bigger firms.

Himanshu Kher

CFO, Axi Financial

Great service and support by James and his friendly team across various topics. Worked with them for the past 2 years, highly recommended.

Tony Zabel

Strategy Manager, BeforePay

Great service and support by James and his friendly team across various topics. Worked with them for the past 2 years, highly recommended - Shoaib from Marketix

Shoaib Mughal

Founder and Director Marketix Digital

JD Scott + Co has been a great help in getting our tax situation sorted.

Nick White

Owner - Since I left you

At Centricity Wealth we started working with James in 2020 needing help with year-end-reporting and to tidy up the tax for our small business. From the start, James made sure to understand where we were at with our accounting and to determine what needed to be done to tidy up our tax. Having helped us to get on top of thinks, he continued to support us with practical solutions and advice. Working with James gives us peace of mind that our accounting is taken care of and having someone so experienced in our corner, makes all the difference.

Callie Scheffer

Centricity Wealth

James, Janet, and the entire team at JD Scott + Co have been fantastic. Their expertise and unwavering support has been instrumental in helping take our business to new levels. From understanding our financials to strategic tax planning, they have been invaluable partners. Their deep industry knowledge and attention to detail have provided us with a comprehensive understanding of our financials. Their insights and guidance helped us to make informed decisions and navigate complex financial matters with confidence. If you're looking for an accounting firm that can help you and your business, we highly recommend the exceptional team at JD Scott + Co. They really do go above and beyond!

Reece Richardson

Director, Excolo Recruitment

I cannot speak more highly of James and his team at JD Scott + Co. The support they have provided me with across my personal and professional finances, small business bookkeeping, cashflow and tax planning has been invaluable. James works with transparency, care and authenticity. I have great peace of mind that I have a dedicated and professional team across all of my financial needs.

Sarah Bolitho

Founder and CEO, Levyl Recruitment

James has been interim CFO of Techstacked for the past two years and actively supported the growth of the business. His skills and advice have been invaluable in supporting the business as it grows.

Rohit Bhuta

CEO, Techstacked

Accountant for Insurance Brokers – JD Scott + Co FAQ’s

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