The foundation to your success
Property and Construction Accounting Services
Walsh Accountants’ Property and Construction division comprises a dedicated team of accountants and advisors who specialise in all areas of property development and construction. With the Gold Coast currently experiencing rapid population growth of around 20,000 new residents per year—far surpassing the 13,500 annual increase over the past decade—the demand for property development and new housing is surging. This growth is expected to drive a need for approximately 9,500 new dwellings annually, and if trends continue, the region could see its population reach 850,000 by the 2032 Brisbane Olympics. As the population booms, the need for expert property and construction accounting services has never been greater. Whether you’re a property developer, real estate agent, property investor, builder, or architect, our team can help you navigate this dynamic market with tailored accounting and advisory solutions.
Services
Services include:
Accounting, Taxation, and Compliance
Structuring for Asset Protection and Tax Minimisation
Strategic / Scenario Planning including financial analysis, budgeting and cashflow
Advisory including project scoping, job costing, and breakeven analysis, Understand margins, and review of Development Processes
Increase the value of your Business and Due Diligence
Succession and Estate Planning
Why Choose Walsh Accountants
Choosing Walsh Accountants means partnering with a firm that has extensive experience and a deep understanding of the property and construction industry. Our dedicated team specialises in working with businesses in this sector, providing tailored accounting and advisory services that address the unique challenges and opportunities faced by property and construction professionals. We stay updated with the latest industry trends, regulations, and financial requirements, ensuring our clients receive accurate guidance and support. With a commitment to delivering exceptional service, we work collaboratively with you to navigate the complexities of the market, optimise your financial strategies, and achieve your business goals. At Walsh Accountants, your success is our priority, and we leverage our industry expertise to help you thrive in a competitive landscape.
For exceptional property and construction accounting services on the Gold Coast, reach out to the team at Walsh Accountants today. We are eager to learn more about your business, your goals, and how we can help you succeed and grow now and in the future.
Team members
Managing Director
Assistant Manager
Assistant Manager
Assistant Manager
Our Awards
News from this team
Business Growth Resources, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business, Corporate and International Tax, Making your Numbers Talk
In today’s dynamic business landscape, understanding the intricate relationship between profit, cash flow, and overall business value is paramount. While many business owners can decipher profit and loss statements, the gap between profit and cash flow often remains a mystery. This article serves as a guide for business owners seeking to harness the power of […]
News, Business & Entrepreneurial Support, Walsh Property, Walsh Health, Hospitality and Tourism, Women in Business, Making your Numbers Talk, Business Growth Resources
What are Key Performance Indicators (KPIs)? Key Performance Indicators (KPIs) are quantifiable metrics used to evaluate the success of an organisation in achieving its objectives. These metrics are tailored to specific goals and objectives and help businesses gauge their progress towards reaching these targets. KPIs provide valuable insights into various aspects of business performance, such […]
News, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
Stay ahead of the competition in today’s dynamic business landscape by gaining a comprehensive understanding of industry trends, performance benchmarks, and best practices. Our Industry Benchmarking Report empowers you to assess your business against the industry standard, providing a clear picture of where you stand. What will you discover with our Industry Benchmark report? Discover […]
News, Complex Individuals, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
In the dynamic landscape of business, owners frequently face challenges that require them to adapt and evolve. It is crucial to recognise the trigger points that indicate the need for a review of the business structure, and to be proactive in seeking professional guidance. By engaging in such discussions, business owners can understand the potential […]
News, Complex Individuals, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
Let’s be honest, no one enjoys paying tax – and you should never pay more than you have to. This is why smart tax planning strategies are so important! As we approach the end of another tax year, it’s time to take a proactive approach to managing your taxes. In this article we will share […]
News, Business & Entrepreneurial Support, Walsh Property, Walsh Health, Hospitality and Tourism, Women in Business
Treasurer Jim Chalmers delivered his second budget for the Labor Government. The Treasurer’s second budget since Labor took office, it is heavily targeted at addressing the rising cost of living and boosting welfare, all while still aiming for balance, trying to avoid contributing to inflationary pressures, and to continue to foster economic growth and a […]
News, Business & Entrepreneurial Support, Walsh Property, Walsh Health, Hospitality and Tourism, Women in Business, Making your Numbers Talk
In today’s fast-paced business environment, business owners are constantly seeking ways to optimise their operations, reduce their operating costs, and maximise their profits. While profitability is undoubtedly an important metric, it is not the only one that matters. As businesses navigate increasingly complex supply chains, rising costs, and ongoing financial stress and pressure, now more […]
News, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
With the instant asset write off scheme set to expire on 30 June 2023, business owners have very little time left to purchase assets to claim the full deduction this financial year. What is the instant asset write-off? The instant asset write-off is a tax deduction that allows businesses to claim an immediate deduction for the […]
News, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
At Walsh Accountants, our team are committed to elevating your understanding of numbers to help you manage and grow your business. Use these 8 practical accounting tips to run your business seamlessly. 8 top tips to understand and connect with your numbers Using reporting tools (such as Xero, MYOB, etc. or Business Insights and Dashboard reporting […]
News, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
Now is the perfect time to set goals for your business to make 2023 your most successful year yet! Having clear goals set for yourself and your business provides a sense of direction, motivation, and a clear focus on what you are trying to achieve for the year ahead. In this checklist you will find: […]
News, Complex Individuals, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
Thanks to new amendments and legislation passed in October 2022, Queensland small businesses looking to restructure by transferring assets from a sole trader, partnership or discretionary trust structure to a company structure can continue to access either a full or partial duty exemption on the transfer. This makes business restructures not so taxing on business […]
News, Business & Entrepreneurial Support, Walsh Property, Walsh Health, Hospitality and Tourism, Government Grants, Women in Business
The Queensland Government Business Basics Grants Program is opening for round 4. The Business Basics grants program provides support to businesses to increase core skills and adopt best practice. Your business may be eligible to receive a single up-front fixed grant payment of $5,000 (excluding GST). This support includes funded activities in 5 priorities: Training and coaching (business development, marketing, […]
News, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
The RBA has lifted the cash rate over consecutive months. That leaves us to ask a very important question – How high will interest rates go? Earlier, Reserve Bank Governor Philip Lowe told the Australian Strategic Business Forum that “…we’re going through a process now of steadily increasing interest rates, and there’s more of that […]
Women in Business, News, SMSF Division, Complex Individuals, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism
If you’re a company director, you must apply for your Director Identification Number (director ID) before 30th November 2022. What is a director ID? The director ID is a unique 15-digit identifier that directors apply for once and keep forever. It is aimed at preventing the use of false or fraudulent director identities. As a […]
Women in Business, News, Complex Individuals, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism
To protect personal assets, it’s important that business owners operate and structure deliberately, and in a way to remove asset ownership from ‘at risk’ individuals. Why? Because everyone in business is carrying a level of risk as things can, and often do go wrong. There are a number of options that can be taken to […]
News, Business & Entrepreneurial Support, Walsh Property, Walsh Health, Hospitality and Tourism, Women in Business
Small and medium business can now take advantage of a 120% deduction on skills training and technology costs. The 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses on technology, or skills and training for their staff. This proposal has now been adopted by the current government and details released […]
News, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
With the 2022 tax season in full swing, the Australian Taxation Office (ATO) has revealed its top four tax time targets – these are the areas of focus this tax season where people tend to make the biggest mistakes. These are: record keeping work related expenses rental property income and deductions, and capital gains from […]
COVID-19, Women in Business, Corporate and International Tax, News, Complex Individuals, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Research and Development and Innovation
After easing off on its debt collection activities during the height of the COVID-19 pandemic, the Australian Taxation Office (ATO) is now ramping up debt collection, actively pursuing the recovery of billions of dollars in outstanding tax liabilities. As a key part of the recovery program, the ATO has been writing to individuals and businesses […]
News, Complex Individuals, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business
You have a Div 7a loan, but you’re confused as to how, why, and what to do from here. In this this article we attempt to demystify Div 7A loans and explain everything you need to know. What is Div 7A? Division 7A prevents private companies from making tax-free distributions of profits to shareholders or […]
Hospitality and Tourism, Women in Business, News, Complex Individuals, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health, Business Sales Specialists
Temporary immediate full expensing of assets means businesses can immediately deduct the purchase cost of eligible new and second-hand* assets. Is your business eligible to immediately deduct assets? Businesses that are eligible need to have an aggregated turnover of less than $5 billion. For businesses with an aggregated turnover of less than $50 million, temporary […]
Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, Women in Business, Making your Numbers Talk, Business Growth Resources
Understanding the Significance of Cost of Sales or Cost of Goods Sold (COGS). Cost of Sales (also referred to as Cost of Goods Sold [COGS]) is a very important financial performance metric, as it tracks your ability to manufacture/deliver goods and services at a reasonable cost. It represents the direct costs related to the manufacturing […]
News, Business & Entrepreneurial Support, Walsh Property, Walsh Health, Hospitality and Tourism, COVID-19, Women in Business
With COVID-19 impacting businesses across all industries, it may be time to consider if your team can work from home? If this is an option for you, it is essential that you implement procedures and policies that keep your team accountable to ensure continuity of your business Does your team have everything they need to […]
News, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism
Great news! The Queensland government has announced another grant available for Queensland businesses. The Business Boost grants program provides support to businesses to advance improvements in their efficiency and productivity. Your business may be eligible to receive a grant payment of up to $15,000 (excluding GST) to your proposed project. This support includes funded activities in 3 project areas: Future planning Specialised and automated software […]
News, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism
A quick google of ‘productivity’ will lead you to an overwhelming avalanche of tips, tricks, hacks, and methods. But what really works? What methods are tried and tested? What could you implement to improve your day to create some more time? In celebration of World Productivity Day recently (20 June) we spoke to Walsh Accountants’ […]
If you are required to report to the QBCC, we encourage you to calculate your net tangible assets (NTA) before 30 June. Your NTA will determine your maximum revenue for the forthcoming year – ensure your NTA is adequate so you can trade at full capacity for the 2021-22 financial year. The minimum current ratio for […]
Walsh Health, Business Sales Specialists, Hospitality and Tourism, Research and Development and Innovation, Women in Business, News, SMSF Division, Complex Individuals, Estate Administration, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory
The Federal Treasurer, Mr Josh Frydenberg, handed down the 2021–22 Federal Budget on 11 May 2021. This was possibly the most anticipated budget in history as the government outlines its plans for economic recovery post-COVID. THE BIG NUMBER: Good news is Australia has experienced a stronger than expected economic recovery from the COVID-19 recession. This […]
Hospitality and Tourism, Women in Business, Corporate and International Tax, News, Complex Individuals, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health, Business Sales Specialists
Tax Planning is the epitome of creative accounting. It gives your Accountant the chance to look at your financial position and take advantage of numerous strategies and initiatives available to you to minimise the amount of tax you have to pay. 2021 is a particularly exciting year because there are multiple federal government budget announcements […]
Hospitality and Tourism, Women in Business, News, Complex Individuals, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health, Business Sales Specialists
The minimum percentage employers are required to pay is set to increase with the next increase to 10% due on 1 July, 2021. The scheduled increase of the super guarantee rate from 9.5% to 10% on 1 July 2021 is still yet to be officially confirmed by the Federal Government, with Australian Treasurer Josh Frydenberg […]
Business Sales Specialists, Hospitality and Tourism, Women in Business, News, SMSF Division, Complex Individuals, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health
The carry-forward rules allow you to make extra concessional contributions – above the general concessional contributions cap ($25,000 per year). An unused cap amount occurs when the concessional contributions made in a financial year were less than your annual concessional contributions cap. This carry-forward arrangement means you can contribute funds up to the unused concessional […]
Hospitality and Tourism, Women in Business, News, Complex Individuals, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health, Business Sales Specialists
As part of the 2020–21 Budget, the government announced that it will provide support to businesses and encourage new investment through a loss carry back regime. Eligible corporate entities that previously had an income tax liability in a relevant year and have subsequently made taxable losses can claim a refundable tax offset up to the […]
News, Complex Individuals, Business & Entrepreneurial Support, Walsh Property, Walsh Health, Hospitality and Tourism, COVID-19, Women in Business
There are close to 40,000 Australian citizens and permanent residents registered with the Department of Foreign Affairs and Trade (DFAT) stranded overseas trying to return home to Australia. India and the UK have the most individuals registered to return home, followed by the US, the Philippines and Thailand. With so many expats heading back to […]
Women in Business, News, Complex Individuals, Business & Entrepreneurial Support, Walsh Property, Focus Advisory, Walsh Health, Hospitality and Tourism, COVID-19
On the 11th March, Prime Minister Scott Morrison announced a $1.2 billion stimulus package to support the domestic tourism sector with Australian travellers offered half-price flights to travel interstate. As part of its targeted support announcement, the Morrison government also announced an extension to and expansion of, its SME Loan Guarantee Scheme. Open to recipients […]
Business Sales Specialists, Hospitality and Tourism, Research and Development and Innovation, Women in Business, News, Complex Individuals, Estate Administration, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health
Identifying and embracing new ideas is a challenge for many businesses, especially those businesses who have not made this a key focus of their culture. This can be a major source of frustration for business leaders who realise that in order for the company to be as successful as it can be, it must be […]
Business Sales Specialists, Hospitality and Tourism, Research and Development and Innovation, Women in Business, News, Complex Individuals, Estate Administration, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health
One of the measures announced in the 2020-21 Budget was the temporary immediate expensing of depreciating assets. These rules allow businesses with an immediate deduction of 100 per cent of the cost of eligible depreciating assets. When is the eligibility period? The rules apply from budget night 6 October 2020 and will run through until 30 June […]
Business Sales Specialists, Hospitality and Tourism, Research and Development and Innovation, Women in Business, News, SMSF Division, Complex Individuals, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health
From 1 July 2021 the Transfer Balance Cap* (TBC) will increase by $100,000 from $1.6M to $1.7M. However, only members who have not yet commenced a pension will be eligible for the full increase with a new cap of $1.7M. If you have an already established pension, you will receive a proportional increase based on the unused […]
Business Sales Specialists, Hospitality and Tourism, Research and Development and Innovation, Women in Business, News, Complex Individuals, Estate Administration, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health
Many business owners become frustrated when their advisers don’t understand them or their business as well as they would expect. Whilst many business owner’s goals are similar, from an adviser’s perspective, there is such a wide variety of both long-term and short-term objectives that business owners have. Overlay these with the differences each business owner […]
The HomeBuilder scheme provides a tax-free grant to those building a new home or renovating. The Assistant Treasurer recently announced an extension of the HomeBuilder scheme from 1 January 2021 to 31 March 2021. For all new build contracts signed between 1 January 2021 and 31 March 2021: eligible owner-occupier purchasers will receive a $15,000 […]
Walsh Health, Show in Business in Australia, Business Sales Specialists, Hospitality and Tourism, Research and Development and Innovation, News, SMSF Division, Complex Individuals, Estate Administration, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory
Treasurer, Josh Frydenberg has delivered the Coalition Government’s Federal Budget 2020-21. Rather than focusing on bringing the budget back to surplus which has been the case in previous years, this year it is focused on rebooting the economy and creating jobs. Taxation JobMaker Hiring Credit Economy 2020/21 Federal Budget Highlights Taxation The Morrison Government will […]
You want to invest in property with your Superannuation Fund? As with any significant purchase, it’s likely you will have to borrow funds to purchase your property. SMSF borrowing involves obtaining a loan from a bank or a related party, and together with the SMSF’s existing funds purchasing a property, either commercial or residential. It’s […]
The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home. The HomeBuilder scheme targets the residential construction market by providing tax-free grants of $25,000 to eligible owner-occupiers, including first home buyers, to build a new home or substantially renovate their existing home. The grants […]
The impact coronavirus’ has had on Australian small to medium businesses has been severe. Social distancing and reducing non-essential travel has resulted in little to no patronage and reduced revenue for many businesses. Businesses are experiencing reduced cash flow and is impacting their ability to remain viable and pay fixed costs; such as rent. Commercial […]
As we all feel the impact of the COVID-19 crisis, we are very fortunate that the Australian government has provided numerous stimulus packages aimed at helping businesses weather this storm. Along with other measures, loan holidays and rental reductions negotiated with banks and landlords will help and provide much needed cash flow. This includes rent […]
In 2014, the ATO offered a penalty amnesty on undisclosed foreign income. Five years on, the ATO has again flagged that underreporting of foreign income is an issue but this time there is no amnesty – the gloves are off. How and what you are taxed depends on your residency status. The residency tests don’t […]
What are your options with purchasing a property with your SMSF? With the legislative restrictions and lack of competitive lenders, a limited recourse borrowing arrangement (LRBA) may not be the answer to all SMSF client prayers when looking to purchase larger assets in their SMSF. If you’re an SMSF Trustee, this may leave you wondering […]
As a Self-Managed Superannuation Fund trustee, it’s difficult to know and understand all the rules around investing with your fund. The area of property investment can be very complex and many trustees are left wondering if they can renovate their property which is owned by their Super? Many self-managed superannuation fund (SMSF) trustees like and […]
From 1 July 2017, new rules came into effect that prevent taxpayers claiming a deduction for expenses they incur travelling to and from their residential investment property. The Government restricted travel deductions to curb “widespread abuse around excessive travel expense claims relating to residential investment properties….This will stop residential property investors from using the tax […]
SMSF Division, Complex Individuals, Estate Administration, Business & Entrepreneurial Support, Business Purchase Specialists, Walsh Property, Focus Advisory, Walsh Health
We are very honoured to announce that Walsh Accountants has won the 2018 Tax and Compliance firm of the Year for the SMSF & Accounting Awards. Shape We humbly accept this award and would like to take this opportunity to once again thank our clients for the nomination. We really appreciate your recognition of our work and […]
