Taxation & Accounting

Most accountants process your compliance and send a bill. We treat your tax position as a strategy problem and work on it year-round.

Proactive tax planning, not reactive filing
Senior-led, no hand-offs to junior staff
Director-level thinking for your tax position
Trusted by Brisbane's established business owners

At Toohey Reid we treat taxation as a strategy problem, not an administrative task. Our Taxation & Accounting service is designed for business owners and high-income professionals who want more than a compliant return they want a tax position that is actively managed, legally minimised, and integrated into the broader structure of their business and personal wealth.

We don’t just report on the past. We work with you to position your business ahead of the ATO rather than catching up with it. Our tax advisory work runs year-round — identifying opportunities, managing risk, and ensuring your compliance obligations are met with precision.

20 +
Years of Advisory Experience

Trusted by Brisbane’s most established business owners and high-income professionals to structure, protect, and grow what they have built.

Memberships

The difference between paying the right amount of tax and paying too much is almost always the quality of the advice and when you started getting it.

Most business owners are paying more tax than they need to. Not because the strategies don’t exist, but because no one has applied them to their specific position. We fix that.

Proactive Tax Planning & Strategy

A tax return tells you what happened. A tax strategy tells you what to do about it before it happens. We work with established business owners throughout the year to manage their tax position proactively identifying concessions, structuring distributions, and planning ahead of key financial events rather than reacting to them after the fact.

What’s Included:

Year-round tax planning and strategy
Trust distribution and Division 7A planning
CGT strategy and small business concessions
ATO risk management and representation

Financial Statements & Compliance

Compliance is the foundation of everything we do, and we do it with precision. Accurate financial statements, lodged on time, prepared by people who understand your business and your structure. We don’t treat compliance as a commodity. We treat it as the baseline from which good advice is built.

Services Included

Financial statements and tax returns
BAS and IAS preparation and lodgement
ASIC compliance and corporate secretarial
ATO correspondence and audit support

Turning a complex tax position into a clear, manageable strategy.

We combine deep technical knowledge, proactive planning, and trusted advisor relationships to give business owners and high-income professionals confidence that their tax position is working as hard as it should.

What does proactive tax planning actually involve?
It means we are reviewing your position throughout the year, not just at the end of it. We look at your profit position, your structure, your upcoming transactions, and your personal circumstances and we put strategies in place before the financial year closes, not after.
How is this different from what my current accountant does?
Most accountants wait for the year to end, collect your records, and lodge what is required. Proactive tax planning starts months earlier. We identify what strategies are available, what needs to happen before year end, and what changes to your structure or distributions will have the most impact on your position.
Do you handle both business and personal tax?
Yes. At Toohey Reid we take a whole-of-wealth approach. Your business tax position, your personal income, your superannuation, and your investment structures all interact. We manage all of it under one roof so nothing falls through the gaps between advisors.
How often would we meet?
For most of our tax clients, we meet at a minimum before year end to review your position and identify any strategies that need to be implemented. Many clients meet more regularly as part of a broader advisory engagement.

Think differently about your tax position.

Most business owners are paying more than they need to. The question is whether your current accountant is doing anything about it.

Work where the advice is actually worth giving.

Join a firm where precision, strategy, and genuine accountability define every client relationship.

Let’s Talk About Your Business.

If you suspect your tax position is not as well managed as it should be, or if your current accountant has never raised a proactive strategy with you, start here. The first conversation is direct, free, and worth having.

Toohey Reid is a boutique chartered accounting firm for business owners who have outgrown a compliance-first accountant.

Call Us : (07) 3221 1055

Email Us: differentthinking@tooheyreid.com.au

Address Company:

1234 Elmwood Avenue, Suite 500 Atlanta, GA 30308, United States.