I first started working in taxation and business solutions in 1999 and have since then been involved in providing advices to many people and all types of small/medium businesses. I obtained my Bachelor of Business from QUT and went on to complete the CA program through the ICAA in 2007. Before joining the accounting world I was exposed to many areas of life which included retail, cold storage and transportation.
For the past decade I have also been heavily involved in the business operation of our family business Daisy's Florist Toowong & Indooroopilly. Located in Middle Park, part of the Centenary suburbs in Brisbane, I have streamlined my operation to keep costs down so I can offer my services at affordable prices.
For the past decade I have also been heavily involved in the business operation of our family business Daisy's Florist Toowong & Indooroopilly. Located in Middle Park, part of the Centenary suburbs in Brisbane, I have streamlined my operation to keep costs down so I can offer my services at affordable prices.
Services
All businesses need the right advice and most accountants will have certain level of knowledge about businesses and how the operate. The key is making sure you are able to get the information that you need from your advisor, that is why I offer a complimentary initial consultation to ensure that we get along and that we understand each other.
Standard Individual Returns - prepared and lodged from $121. This covers most individual returns upto 5 PAYG Summaries or a Business Schedule and is based on receiving the information in a neat and timely manner. Returns can be processed whilst you wait, or you can drop off the information and I will complete and return it to you for signature.
Preparation of Financial Statements, may not be necessary, you need to read your trust deed or company constitution to establish exactly what is required, but having financial statements prepared on a regular basis, makes it easier to prepare a tax return not mention, reviewing your business' performance and assisting with finance application.
Reporting GST, PAYGI and PAYGW - generally happens on a quarterly basis, but can be monthly or annual depending on your individual circumstances. Again, the use of accounting software or a well setup excel spreadsheet, can certainly go along way to preparing the BAS. If you take the time to prepare your information accurately then this is also a good time to review your business' operations over the last period.
When first setting out in business, it is important to consider the structure that you want to use and in order to do that we generally look at tax planning and asset protection to determine the best structure for you.
Whilst different entities are relatively quite cheap to set up, and their ongoing costs are not greatly different, moving your business from one structure to another, down the track can be a costly exercise as it may involve Professional fees for restructuring, capital gains tax, stamp duty, reprinting of stationery, change to leasing documents etc.
Whilst different entities are relatively quite cheap to set up, and their ongoing costs are not greatly different, moving your business from one structure to another, down the track can be a costly exercise as it may involve Professional fees for restructuring, capital gains tax, stamp duty, reprinting of stationery, change to leasing documents etc.
Reviews (5)
Troy Ansell
Oct 01, 2020
Report
Meg Burns
Apr 30, 2020
Report
Jacki Derrick
Aug 09, 2019
Report
Ranee Bicakci
Nov 15, 2018
Report
We are so relieved to have found Terry! He is knowledgeable, friendly and actually cares about our business. We have tried different accountants over the last few years and none of them were half the professional that Terry is. He also recommended a local family business mechanic that was also awesome! Winning all round.
Steve Barnett
Mar 15, 2018
Report
