Business Details
44 Years
experience
Trusted Accountants in Toowoomba Since 1982
Established in 1982, Higgins Wood & Associates operates as an independent professional CPA accounting firm in Toowoomba, Queensland. With over four decades of experience, we serve clients across retail, automotive, primary production, legal, medical, service, and manufacturing industries. Our expertise extends to small and medium business advisory, micro-businesses, individual taxpayers, investors, and self-funded retirees, with a particular focus on Self-Managed Superannuation Funds (SMSF). We deliver personalized accounting services, evidence-based strategic planning, and tax advice tailored to clients' unique circumstances.Our commitment to improving clients' financial outcomes is demonstrated through timely, user-friendly reporting aligned with legislative and professional standards. We specialize in compliance accounting, tax negotiations with the ATO, business lifecycle support, and niche areas like SMSF auditing and property investment taxation. Our team combines technical proficiency with a client-centric approach to ensure long-term financial success for individuals and businesses alike.
Services
Business Accounting
Self-Managed Super Funds
Property Investment
Personal Tax
SMSF Audit
Tax Compliance
Business Advisory
ATO Negotiations
Financial Planning
Company Secretarial
Details
- Year established: 1982
Highlights and features
- 40+ years of local accounting expertise in Toowoomba
- Personalized service tailored to individual client needs
- Specialist SMSF advisory and auditing capabilities
- Proactive tax compliance and strategic planning approach
- Fixed-fee pricing with transparent accounting services
Associations and certifications
- CPA Australia
- ASIC Registered SMSF Auditor
- XERO Certified Advisor
Services
Business Accounting
Comprehensive accounting solutions covering business lifecycle support from setup to succession planning. Our services include strategic business plans, budgeting, KPI development, business structuring, tax compliance, software recommendations, and financing assistance. We help clients prepare for business sales and implement effective succession strategies through a structured five-step planning process.
Self-Managed Super Funds
Specialist SMSF services including fund establishment, compliance administration, pension strategies, property structuring, and audit services. Our ASIC-registered auditors provide strategic advice to maximize retirement benefits, with access to advanced cloud software for real-time fund monitoring and property valuation integration.
Property Investment
Tax advisory services for property investors, including compliance obligations and strategic structuring through SMSF. As members of BAN TACS Accounting Network, we offer access to Australia's leading property tax expertise while maintaining personalized local service for residential and commercial property investments.
Personal Tax Services
Tailored tax return preparation for individuals, including rental property schedules and expatriate tax compliance. Our services extend to remote clients with digital submission options and virtual consultations via Skype or Zoom, ensuring accessibility for regional and international taxpayers.
ATO Negotiations
Expert assistance with Australian Taxation Office negotiations for clients facing cashflow difficulties. We facilitate workable payment arrangements while maintaining compliance, leveraging our experience to achieve favorable outcomes through transparent communication with tax authorities.
People
James Wood
Director & SMSF Specialist
With over 35 years' experience in Toowoomba, James Wood provides expert accounting and SMSF advisory services. As an ASIC registered SMSF Auditor, he specializes in retirement planning and superannuation strategies.
Questions
What accounting services do you offer for small businesses?
We provide full business accounting services including setup, financial reporting, tax compliance, business structuring, succession planning, and fixed-fee advisory packages tailored to business growth stages.
Do you specialise in Self-Managed Superannuation Funds?
Yes, we're SMSF specialists with ASIC-registered audit capabilities, offering fund establishment, compliance administration, pension strategies, property structuring, and retirement planning services.
Can you assist with property investment taxation?
We provide tax compliance advice for property investors and collaborate with BAN TACS experts for advanced property investment strategies while maintaining local service delivery.
What tax services are available for individual taxpayers?
We prepare personal tax returns, rental property schedules, and assist expatriates with overdue tax lodgments using secure digital submission methods and virtual consultations.
How do you handle ATO debt negotiations?
Our team negotiates workable payment arrangements with the ATO for clients experiencing cashflow difficulties, prioritizing transparent communication to resolve tax liabilities effectively.
Reviews (1)
Adam Sack
Sep 10, 2015
Report
James from Higgins Wood and Associates has been my accountant for the past few years and I can't speak highly enough of him. He has been able to reduce my personal and business tax significantly and with his great ideas I will soon be setting up my Self Managed Superannuation with him as well. Thank you very much James.
