Business Details
Trusted Accounting and Tax Services in Toowong
Mitchell & Singh Accountants is a Toowong-based tax and accounting practice dedicated to delivering tailored financial solutions. Our team of Chartered Accountants and Registered Tax Agents brings decades of combined experience in serving small businesses and individuals with diverse investment portfolios. We specialise in business accounting, non-business tax compliance, and self-managed superannuation fund (SMSF) administration. Our approach combines technical expertise with a commitment to understanding each client's unique circumstances, ensuring accurate compliance with Australian Tax Office requirements. We guide clients through all stages of business operations, from startup structuring to sale optimisation, while maintaining a focus on tax efficiency.Our services extend to trust account audits, not-for-profit compliance, and investment tax strategies, reflecting our comprehensive understanding of regulatory frameworks. With team members boasting over 20 years of office administration experience and 40+ years in tax advisory roles, we prioritise clear communication and proactive support. Our practice maintains affiliations with professional bodies including the Institute of Public Accountants, ensuring adherence to industry best practices. We pride ourselves on building long-term relationships through consistent, reliable service delivery that addresses both immediate compliance needs and long-term financial goals.
Services
Business Accounting
Non-Business Accounting
Tax Returns
SMSF Administration
BAS Lodgements
Trust Account Audits
Not for Profit Audits
Business Advice
Investment Tax Compliance
Superannuation Fund Services
Highlights and features
- We have Chartered Accountants with 40+ years of combined tax advisory experience
- Our team includes Registered Tax Agents specialising in SMSF compliance
- We provide tailored business lifecycle support from startup to sale
- We maintain Institute of Public Accountants affiliations for professional standards
- Our administrators have 20+ years of ATO/ASIC compliance expertise
Associations and certifications
- Chartered Accountants Australia and New Zealand
- Institute of Public Accountants
Services
Business Accounting
We provide comprehensive business accounting solutions covering all operational stages. Our services include accounting system implementation, business structure advisory, tax compliance (income tax returns, BAS, FBT), and transactional support for business purchases/sales. Our team assists with financial reporting requirements and strategic planning to optimise business performance. With expertise spanning sole traders to complex trusts, we ensure compliance while supporting growth objectives.
Non-Business Accounting
Our non-business accounting services focus on individual tax compliance and investment management. We assist clients with income tax returns, instalment activity statements, and investment tax strategies for property, shares, and managed funds. The team provides guidance on negative gearing mechanics and annual cost calculations. We cater to employed individuals and investors, ensuring adherence to ATO requirements while identifying legitimate tax minimisation opportunities.
SMSF Administration
We offer end-to-end SMSF administration services including membership management, trustee compliance, investment strategy development, and pension phase reporting. Our team prepares annual accounts and tax returns, conducts audit documentation reviews, and ensures fund operations align with regulatory requirements. We support rollover processes and deed maintenance, helping trustees navigate complex compliance obligations while maintaining fund objectives.
BAS Lodgements
Our BAS lodgement service ensures accurate and timely submission of business activity statements. We verify data integrity, calculate tax liabilities, and prepare documentation for GST, PAYG withholding, and other reporting obligations. The team provides explanatory analysis of figures to enhance financial understanding. We support businesses in meeting compliance requirements while identifying potential cash flow optimisation opportunities through legitimate tax credits.
Trust Account Audits
We conduct thorough trust account audits to verify financial accuracy and regulatory compliance. Our auditors examine transaction records, verify asset valuations, and assess adherence to trust deed provisions. The service includes preparation of audit reports and recommendations for improved governance practices. We specialise in audits for complex trust structures, ensuring transparency and compliance with Australian accounting standards.
People
Jyoti
Director
Chartered Accountant and Registered Tax Agent with extensive experience in business structuring, accounting, and taxation. Provides expert advice across all entity types from individuals to complex trusts and companies.
Bill
Senior Accountant
Registered Tax Agent and Fellow of IPA with 40+ years' experience. Specialises in taxation and business matters for individuals through to complex corporate structures, offering approachable, outcome-focused advice.
Yola
Senior Accountant
IPA member and Registered Tax Agent with 15+ years' Brisbane practice experience. Expertise in business services and taxation compliance for diverse client portfolios, delivering practical financial solutions.
Joeleen
Administrator
Office administration specialist with 20+ years' experience in business services. Provides critical support in ATO and ASIC compliance matters, ensuring smooth client service delivery through meticulous administrative management.
Questions
What accounting services do you offer for small businesses?
We provide full-cycle business accounting including BAS lodgements, tax returns, financial reporting, business structure advice, and transactional support for business purchases/sales.
Do you specialise in SMSF administration?
Yes, we offer comprehensive SMSF services covering compliance, annual accounts preparation, tax returns, audit documentation, and pension phase management for self-managed super funds.
Can you assist with investment property tax strategies?
Our team provides guidance on negative gearing calculations, investment tax compliance, and strategies to optimise tax outcomes for property and share investments.
What are your office hours for client meetings?
Our standard business hours are Monday to Friday 8:30am to 5:00pm. We recommend scheduling appointments in advance for dedicated consultation time.
How do you handle tax compliance for different business structures?
We support all entity types including sole traders, partnerships, trusts, and companies with tailored tax compliance solutions that meet ATO requirements while optimising tax positions.