Accountants Specialising in Agriculture Australia
If you think all accountants are the same, think again. There are accountants, and then there are specialist accountants. If you’re running a farm business, you need to get in touch with Mulcahy & Co because we’re specialist accountants for the agricultural industry.
We’re different from typical agriculture accounting firms
Certainly, we are not the only accounting firm that specialises in agriculture, but the one big difference is that we’re a business that was built by farmers for farmers. Our name has been linked to agriculture for generations, and while we’ve diversified into agricultural and farm finance and consulting, we’re still farmers at our core, and we know the best ways to be of service to you.
We can help you plan and start up a new farm business
If you’ve got a great idea for a new farming business, we’re all ears. We can assist you with developing a business plan and turning that great idea into a reality. When you are our client, you also have access to a full range of consulting services and other services that you can make use of to help you succeed.
We can help you with general bookkeeping
Doing the books is a chore nobody especially enjoys, but it’s a job that has to be done. Fortunately, you can hand over the task to us, or make use of our Xero farm financial management software. Either way, you’ll free up some valuable time and make your job easier.
We can help with your business activity statements
Lodging the BAS is another one of those tasks that can be a bit of a pain but has to be done. The ATO is pretty strict about getting these statements on time, and they can apply penalties if you miss a statement or if you are late to lodge it. We can make sure your statements are always lodged on time and that they’re accurate in accordance with your financial records.
We can help with your annual tax planning
This is the big one. Without a specialist farm taxation specialist such as Mulcahy & Co to assist you, it’s possible you could be missing out on several tax advantages that may be due to you as a primary producer in Australia. That may also be one-off payments and special concessions that you might not even know you’re eligible for. We can help make sure your tax return is lodged on time, that the data is accurate in accordance with your financial records, and that you get all the entitlements that are due to you.
Mulcahy & Co: accountants specialising in agriculture
Don’t pay more tax than you should, and don’t miss out on tax breaks that you can take advantage of. Only a specialist in agricultural accounting is likely to know all the various things that might apply to your situation. General accountants just don’t get the specialist training in this field that would allow them to remember every possible bit of information that’s relevant to agricultural businesses.
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