Business Details
Expert Accounting Solutions in Newstead
Established by a Chartered Accountant with over two decades of industry experience, Watson & Watt specialises in strategic accounting, tax compliance, and business consulting. Our team combines technical expertise with a client-centric approach, offering tailored solutions for business owners seeking sustainable growth. We prioritise transparency, ethical practices, and practical problem-solving, ensuring clients maintain financial clarity while achieving long-term objectives.With a focus on accountability and proactive tax planning, we empower business owners to navigate regulatory requirements confidently. Our services extend beyond traditional accounting, incorporating performance analysis, forecasting, and goal-oriented consulting to support informed decision-making. Backed by certifications including Xero Adviser and Registered Tax Agent status, we deliver reliable, forward-thinking financial guidance.
Services
Tax Compliance
Tax Planning
Business Consulting
Bookkeeping
Financial Statements
Performance Analysis
Forecasting
Goal Setting
Strategy Development
Highlights and features
- We lead by example with unwavering integrity and ethical conduct
- Our pragmatic approach delivers real-world financial solutions
- We pursue excellence through timely, accurate, and efficient service delivery
- We provide a safe set of hands for complex tax and business challenges
- Our team combines Chartered Accountant qualifications with practical business experience
Associations and certifications
- Chartered Accountants Australia and New Zealand
- Xero Adviser
- Registered Tax Agent
What people say
Highly recommend
Incredible support
Game-changer
Reasonable fees
Goal-oriented approach
Services
Tax Compliance
We ensure businesses meet ATO requirements through accurate financial statements and timely tax return submissions. Our expertise covers BAS preparation, income tax lodgments, and ASIC compliance. By maintaining up-to-date records and leveraging our technical knowledge, we help clients avoid penalties while optimising their tax positions.
Business Consulting
Our consulting services focus on goal setting, strategy development, and performance analysis. We work closely with business owners to create actionable plans that align with their vision. Through regular accountability sessions and data-driven insights, we help clients improve profitability and operational efficiency while maintaining financial clarity.
Tax Planning
We specialise in proactive tax planning to minimise liabilities while ensuring compliance. Our approach includes forecasting tax obligations, identifying legitimate deductions, and implementing year-round strategies. By helping clients understand their tax positions in advance, we eliminate surprises and support informed financial decision-making aligned with business growth objectives.
Bookkeeping
Our bookkeeping services maintain accurate financial records through systematic transaction management. We handle weekly entries, reconcile accounts, and prepare reports that provide real-time business insights. This foundational service ensures clients have reliable data for decision-making while freeing them to focus on core business operations.
Performance Analysis
We evaluate business financials to identify growth opportunities and efficiency improvements. Through detailed profit/loss assessments and cashflow analysis, we provide actionable recommendations tailored to each client's industry. Our goal is to transform raw financial data into strategic insights that drive measurable business outcomes.
People
Nathan Watt
Founder & Chartered Accountant
Chartered Accountant with 15+ years' experience, former pastry chef turned business advisor. Holds MBA from University of Queensland, Xero Adviser certification, and Registered Tax Agent status. Specialises in strategic tax planning and business growth consulting.
Questions
What accounting services do you offer?
We provide tax compliance, business activity statements, financial statements, tax planning, and strategic business consulting tailored for Australian business owners.
Do you work with small businesses?
Yes, we specialise in supporting businesses earning over $300K annual revenue, helping them transition from operational involvement to strategic growth.
How does your pricing work?
All services have fixed pricing agreed upfront, paid via direct debit. Qualified clients receive interest-free 12-month payment plans with no additional fees.
Can you help with tax debt issues?
We assist clients in resolving tax debts through structured payment plans and compliance strategies, leveraging our ATO liaison experience to negotiate manageable solutions.
How do consultations work?
Initial 30-minute discovery calls are followed by tailored proposals. We use video, phone, and email communication, with face-to-face meetings available for Queensland-based clients.
Reviews (6)
Henry Elliott
Sep 08, 2021
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Exceptionally knowledgeable about small business finance, accounting, advice and coaching. Rare to find people who actually understand small business - this is one of them.
Jarvis Archer
Sep 05, 2021
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Nathan is a great accountant and advisor. He's insightful, realistic, thorough and supportive of his clients. No hesitation recommending him.
Brooke Shellback
Apr 18, 2021
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Impressed by the service I have received from Nathan without even being a client yet! I have signed up for Nathan to look after my tax needs moving forward. Theres not many people who will actually provide real advice and assistance these days - Nathan does. Thank you.
Genny Kroll-Rosen
Mar 15, 2021
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Over the last 3 years, Nathan has assisted as our accountant as well as led monthly advisory meetings to assist in our companies strategy and growth! Weve managed to exceed our original targets and appreciate his goal oriented approach. We highly recommend Watson & Watt!
Siobhan Gomes McNabb
Nov 21, 2020
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Doing my Tax returns with Nathan was Easy Breezy Speedy! He's a font of knowledge, open to discuss all aspects of work and personal financial life and give advice to improve it. My Tax return with Nathan was the fastest and less stressful than I have experienced before, and with great results. Thanks Nathan!
The Happy Goods Co
Oct 31, 2020
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We are SO glad we switched accountants and began using Watson & Watt. Nathan has been incredible from the start, we could not recommend more highly. Also, with all the confusion regarding COVID-19 and businesses, Nathan has been on top of it from day one, and has guided us through a difficult time and make it so much easier and less stressful to navigate. We're so grateful for all the assistance and information provided.
