Contact Us
Level 10 Toowong Tower, 9 Sherwood Rd, Toowong QLD 4066
07 3371 7166
07 3371 7838

pro-active.

innovative.

professional.

Welcome to FP Accountants

FP Accountants Pty Ltd is a pro-active, innovative and professional accounting practice based in Toowong. We are uniquely positioned to offer quality tax, accounting and business services at competitive fees in the public accounting environment. Our goal is to always be available and responsive to our clients needs. We maintain high standards of competency in the accounting profession.

Our mission is to help clients maintain financial viability in the present while taking a proactive approach to achieve future goals.


What we do

Accounting services

Our accounting services are designed to ensure that our clients’ compliance needs are taken care of, which allows them to focus on their own professional, personal and business needs. We offer clients guidance and advice in regards to: preparation of annual accounts, review of bookkeeping services, cash flow and budgeting and maintaining PAYG and GST records and returns

Taxation preparation

We make a point of understanding the individual taxation needs of every client, whether they require help with company tax, personal tax effectiveness or indirect taxation including payroll tax and GST. Delivering timely, quality tax services and solutions means our clients stay one step ahead of tax return season and relevant tax issues. Our tax preparation services include: tax return lodgement tax planning and minimisation strategies FBT, CGT or GST calculations PAYG and superannuation compliance

Business development

Working closely with a business as it transitions through the different stages of its life means we can provide accurate and timely advice at each stage of the business’s life-cycle. Thinking critically and strategically about future changes in the marketplace is key to running a sustainable business. We provide assistance to clients regarding their business cash flow and profit projections, preparation of business and succession plans, financial management and efficient billing and cash collection.

Business health checks

Business health checks are vital to identifying how clients can improve their business and increase profitability. Our business health checks involve analysing the key areas of a business, including its clients, structure, external profile, capability and key performance indicators, and provide professional advice to help clients take control and plan strategically for the future.

Financial accounts

We help clients achieve peace of mind through taking control of their finances. Our services are tailored to each client’s circumstances and goals and cover areas such as providing advice regarding a business, retirement or trusts.

Restructuring

Restructuring can help you make better decisions about your financial circumstances now so you can achieve your short and long-term financial goals. We believe our clients’ financial goals are unique, whether they are considering taking their finances to the next level or planning for retirement. We provide help for the following: budgeting and managing money, review and advice in relation to your structure.


firm blog

Expanded super for older Australians

Posted on April 12, 2019 by FP Accountants

The 2019-20 Federal Budget has placed a strong focus on the growth of the economy whilst also having the intention to look after older Australians.

Older Australians will benefit from the work test exemption age being extended from age 64 to 66. The work test requires an individual to work at least 40 hours in any 30 day period in the financial year in order to make voluntary personal contributions.

This change in age will now allow individuals aged 65 and 66 who previously didn’t meet the work test to contribute three years of after-tax contributions in a single year, meaning up to $300,000 can be injected into an account with less than $1.6 million in super (tax-free pension threshold). This adjustment aligns with the increase for the Age Pension from 65 to 67.

Spousal contributions can now be made until age 74, up from age 65, without having to meet the work test. Under spousal contribution regulations, an individual can claim an 18% tax offset of contributions up to $3,000 made on behalf of a non-working partner. A further $3,000 can be contributed but with no tax offset.

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Contact FP Accountants

Address:
Level 10 Toowong Tower,
9 Sherwood Rd, Toowong QLD 4066

Postal: PO Box 453, Toowong QLD 4066

Phone: 07 3371 7166

Fax: 07 3371 7838

Email:

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