Cambrian Hill Accounting specialises in providing Tax Compliance, Advice and Management to professionals in the Accounting, Consulting and Legal Professions. 

With extensive experience in Big 4 consulting firms including internally within the partnerships, Kristy has gained a high level of knowledge in servicing professionals individually and in practice.  These arrangements include Partnerships, Service Trust arrangements and Everett Assignments. 

There are a myriad of reasons why Accounting, Consulting and Legal Professionals elect to have their own tax and business affairs managed externally or on retirement from a firm.  These include:

• Accounting, Consulting & Legal professionals are great at focusing on their own clients’ needs but often don’t spend the same time and energy on their own affairs.
   
• Privacy between partner’s individual affairs in professional practice can be a sensitive issue. 
   
• Like many business owners, partners may want an insight into the type of structures & tax advice others in similar positions are receiving.  Our practice maintains strict confidentiality with each client, however Kristy is able to provide insights into the industry through her own work and network.
   
• The mobility of accountants and consultants has increased in recent times.  When a partner or director chooses to move on from their existing position there is no necessary accountant change.
   
• Kristy has worked with many highly intelligent qualified accountants and professionals however many have differing skillsets and specialties such as Audit, M&A, Insolvency and Corporate tax.  Kristy has also provided services to Business Services Partners who recognised they didn’t have the time to properly consider their own affairs.  
   
• Direct access to your personal accountant is valuable and more efficient than going through different layers of staff.  As your personal accountant, Kristy is only a phone call away for any direct questions or assistance.
   
• Using an external accountant can be a cost-effective alternative to preparing in-house.  Often jobs in-house succumb to the pick-up/put down and are prepared last minute.  As a small boutique professional practice, Cambrian Hill Accounting operates with lower overheads and reasonable fees which you will find comparable to the use of staff in-house. 

For 2024-2025, the ATO has identified Tax advisers and professional firms as an area of focus.  This is due to identified failures in practitioners lodging BAS’s, partnership returns & distribution statements, payment of tax debts, inappropriate allocation of professional firm profits and intermediaries encouraging aggressive tax arrangements. 

If you are interested in discussing the professional services offered, please reach out to Kristy at Cambrian Hill Accounting for a confidential, obligation free discussion.