Accounting Fees? (Brisbane)

Hello,

I hope this is the right place to ask.

How much is one expected to be charged for property accounting services in Brisbane?

From what I understand, it is far lower than in the big markets of Sydney and Melbourne.

I am a foreign investor and fully own the 2 (recently built) properties.

Thank you in advance.

 

Depends clive the cleaner with one payg job and no assets might pay 80 bucks.

Clive palmer probably pays hundreds of thousands.

 

Thanks, maybe my query was missing some information, I updated it now.

 

You are a non resident for tax purposes ?

 

I am a foreign investor, not for tax purposes. I liked the sunshine, location and price.

 

Not sure how you can be a foreign investor and living in queensland. That would make you potentially resident of australia.

Maybe your situation is complex who knows. Do a google search and call a few

 

I do not reside in Australia, and do not have an Australian passport.

I am Swiss cheese living in Hong Kong.

 

I think there has been some miscommunication in this thread. A "non resident for tax purposes" simply means when you are not a resident. It does not mean you are investing in Australia for tax purposes.

Here is some information that will be relevant to you Residential investment


If you think you need a tax agent, you are not required to use one that resides in the same state as your property. If you prefer a Sydney based tax agent, use them.

 

Our accountant is at Newmarket, a suburb about 5 km from cbd. He charges us about $400 plus GST for 2 hours. I send him a spreadsheet the week before the appointment with almost everything already on it and his job is 90% data entry.

 

As you might have guessed, I am new to this. All I have are the documents / bills related to the purchase of the 2 apartments, and all invoices / income statements provided by the management company. Not sure what else they would need.

 

Would suggest your accountant will also need for the properties:
Bank statements for interest loan costs (if applicable) - I’m not sure if fully own = 100% ownership or debt free
Depreciation schedules
Good luck

 

The accountant will advise you what information to provide.

 

We pay about $1400.00 per year but that includes other incomes outside property investments..

Only my opinion ,but I think some SEA based Accountants post within this site,as this sounds complex they would may be able to help..Other then that apply for a Australian passport..imho..

 

I pay $300 and that’s for a couple properties aswell