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solicitor with taxation knowledge in brisbane

Discussion in 'Accounting & Tax' started by eggnog, 10th Aug, 2016.

  1. eggnog

    eggnog Active Member

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    Can anyone recommend a solicitor in brisbane who also has accounting knowledge on taxation. I want to set up a proper structure to undertake subdivisions here in qld. It would be great if i can go to the one person with all my questions and get set up straight away, rather than going to and fro between my accountant and a solicitor.
     
  2. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    Redom and Paul@PFI like this.
  3. York

    York Finance Broker Business Member

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    If it's stucture advice you need, speak with a solicitor specializing in structures. Our resident solicitor @Terry_w does exactly that. He is also a Chartered Tax Adviser. He can advise on tax issues and also set up the structures you require. Although not in Brisbane, he has helped many clients out of state without any hassles.
     
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  4. Paul@PFI

    Paul@PFI Tax Accounting + SMSF Business Member

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    However if its a QLD matter a QLD solicitor is best. eg duty etc. Out of state solicitors can be a bit like the old conveyancer v solicitor issue
     
  5. JDM

    JDM Well-Known Member

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    It really depends on the size of your project and your budget. If you're talking about 1,000 lot subdivisions my recommendation would be much different to a splitter block.

    Smaller projects I would go with Rob Lalor of Redchip. Anything bigger I would need to know your size/budget.
     
  6. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Not sure what you mean Paul about the solicitor v conveyancer bit. I also advise on state taxation issues for QLD (and other states).
     
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  7. Daniel Taborsky

    Daniel Taborsky Well-Known Member Premium Member

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    Most stamp duty practitioners will advise on all jurisdictions. While there are differences between all the jurisdictions there is a large amount that is in common.
     
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  8. Paul@PFI

    Paul@PFI Tax Accounting + SMSF Business Member

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    Here goes... (This always upsets someone).....I consider conveyancers like unqualified solicitors....They are not solicitors and have a "limited qualification" which can limit their capacity when a issue occurs or if a legal issue becomes evident - a common issue with contracts. Yet their pricing is akin to some solicitors...So why not use one ? Its like third party insurance., cheap for a reason. [Please no abuse]

    In some state tax issues a local practitioner can be a benefit v interstater. QLD has a very different duty system v's all other states as it has a complex indirect duty rule that isnt replicated elsewhere. Just ensure if you use a out of town solicitor that they are familiar with issues.

    But of all solicitors I have encountered most know their limits and either accept engagements that they can address or reject them if not. Most refer to colleagues they know who do specialise. While Law Societies recognise each other states practitioners (The Law Society Uniform Act) its important that each self regulates their expertise to matters they are familiar with. This isnt just a out of town issue....I encountered a solicitor in NSW who knew jack about deceased estates (and tax) and mucked it up and failed to comply with Law Soc expectations....That one should have said "stop" ...I dont know this area and cant do it.