Business Details
Your Trusted Accountants in Brookwater QLD
At P&L Accountants, we are driven by a singular mission: to transform your unique vision into tangible value that propels your business forward. Our team of Australian-trained professionals is dedicated to delivering high-end accounting services tailored to businesses, investors, and self-managed super funds. We prioritise continuous learning and upskilling, ensuring our expertise remains cutting-edge.Unlike many firms, we keep critical services in-house, guaranteeing compliance with local regulations and client needs. Our innovative approach to work-life balance fosters a supportive environment where growth and flexibility thrive. As a CPA Practice, we combine technical excellence with a commitment to empowering clients through transparent, proactive financial guidance.
Services
Taxation
Financial Reporting
SMSF Administration
Business Valuations
Tax Planning
GST/PAYG/FBT Reporting
Capital Gains Tax
ATO Advocacy
Accounting Software Assistance
Business Advisory
Highlights and features
- We retain all critical services in-house with Australian-trained professionals
- Our team undergoes continuous upskilling to maintain technical excellence
- We prioritise tailored solutions over one-size-fits-all approaches
- Proactive tax planning conducted before 30 June each year
- Specialist expertise in Self-Managed Super Fund administration
Associations and certifications
- CPA Australia
Services
Taxation
We prepare income tax returns for companies, trusts, SMSFs, and individuals, including fringe benefits tax and supporting schedules. Our expertise covers rental property schedules, capital gains calculations, and small business reporting. By maintaining statutory financials and annual meeting minutes, we ensure complete compliance while tailoring solutions to your specific circumstances.
SMSF Administration
Our end-to-end SMSF administration uses BGL software with bank feeds and instant transaction access. We handle all aspects in-house without outsourcing, providing seamless processing of fund activity. This includes compliance documentation, investment tracking, and member reporting to ensure your superannuation strategy aligns with long-term goals.
Business Valuations
We conduct detailed business valuations for buyers and sellers, analysing financials and identifying red flags. Our due diligence process assesses true business value through comprehensive financial analysis, helping clients make informed decisions when acquiring or divesting businesses while avoiding unexpected liabilities.
Tax Planning
Our proactive tax planning involves pre-30 June consultations to map your tax position and implement optimisation strategies. We focus on legitimate tax minimisation through entity structuring, capital gains planning, and small business concessions. This approach ensures predictable outcomes and maximises post-tax returns.
ATO Advocacy
We act as your advocate with the ATO, managing correspondence and compliance requirements. Our services include resolving tax disputes, lodging appeals, and handling debt recovery matters. By maintaining meticulous records and timely submissions, we protect your interests while ensuring adherence to regulatory frameworks.
People
Paula Rizqallah
Founder & Director
CPA-qualified leader with expertise in tax strategy and business advisory. Pioneered innovative accounting approaches while championing flexible work models. Holds deep knowledge of SMSF administration and business valuations.
Katrina Wren
Senior Accountant
Experienced ICAA member specialising in corporate tax compliance and financial reporting. Provides strategic advice on business structures and regulatory requirements. Committed to delivering precise, client-focused solutions.
Simone Cavanagh
Accountant
CPA-qualified professional with dual expertise in accounting and business management. Specialises in tax planning and compliance for small businesses. Focuses on practical, growth-oriented financial strategies.
Winnie Fang
Senior Accountant
Masters-qualified finance expert with specialisation in applied accounting. Manages complex tax matters and business advisory services. Brings analytical rigour to financial reporting and strategic planning.
Rachael Newbon
Bookkeeper
Certified bookkeeping specialist handling day-to-day financial transactions. Ensures accurate record-keeping and compliance with reporting standards. Provides foundational support for tax and business advisory services.
Questions
What accounting software do you support?
We work with Xero, MYOB, and QuickBooks Online. Our team provides training and real-time support to help clients maximise their chosen software's capabilities.
Do you handle SMSF audits?
While we administer SMSFs using BGL software, we recommend independent auditors for compliance audits. We coordinate closely with appointed auditors to ensure seamless reporting.
How do you charge for services?
We moved away from fixed pricing to provide tailored solutions. Costs are determined by service complexity, ensuring fair value without unnecessary add-ons.
Can you assist with business structure changes?
Yes, we review existing structures, identify risks, and recommend optimal configurations based on growth plans and compliance requirements.
Do you offer cloud accounting support?
We specialise in cloud-based systems, enabling real-time collaboration and instant issue resolution. This approach enhances financial transparency and accessibility.
Reviews (4)
Richard Ng
Jan 17, 2022
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My personal experience with this firm have been very good. It has been Professional in all regard to the work presented to it from start to finish. The office manager, the senior staff of the firm down to the receptionist have been all helpful, communicate well and responsive in getting my income tax return done. I highly recommend that you try them if you need an accountant.
Tui Myers
Oct 27, 2021
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Positive:Professionalism,Quality,Responsiveness
I used this company to do my last 2 tax returns, and they were great. Very informative, quick, helpful. The did my partner and my tax returns with an investment property and personal accounts. Good value for money if you're unable to do it yourself.
I used this company to do my last 2 tax returns, and they were great. Very informative, quick, helpful. The did my partner and my tax returns with an investment property and personal accounts. Good value for money if you're unable to do it yourself.
Achieve Performing Arts Studio
Oct 17, 2021
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Positive:Professionalism,Quality,Responsiveness,Value
Paula, Amy and the team at P&L Accountants provide outstanding professional service and advice. We are so grateful to all of the team at P&L for supporting our small business and helping our business to thrive. Couldn't recommend them enough!
Paula, Amy and the team at P&L Accountants provide outstanding professional service and advice. We are so grateful to all of the team at P&L for supporting our small business and helping our business to thrive. Couldn't recommend them enough!
Sam Tomlin
Oct 10, 2021
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Positive:Professionalism,Quality
Paula has been taking care of my tax returns for 7 years and has always done a thorough job to make sure I am getting the return I am entitled to. Even after moving states, I won't go to anyone else! The process is well organised, and makes tax time easy when it often feels like a chore! Thanks Paula :)
Paula has been taking care of my tax returns for 7 years and has always done a thorough job to make sure I am getting the return I am entitled to. Even after moving states, I won't go to anyone else! The process is well organised, and makes tax time easy when it often feels like a chore! Thanks Paula :)
