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Did You Know

GST - The end of the going concern exemption.


Presently if you buy a business or an occupied commercial property, and both the vendor and purchaser agreed and were both registered, there would be no GST payable. This not only had  the cashflow advantage but also there was no (state) stamp duty levied on the GST. 





On behalf of Alana, Kristi, Paitryce and myself we wish you and your family a very Merry Christmas and New Year and a successful and prosperous 2016. Best wishes also from Karen, who as you may know, has left TBM Accountants to pursue a legal career as a Partner at Adelaide Lawyers.



In order to continue to offer you the best possible Accounting and business service I have decided to relocate my practice into another Chartered Accounting firm, named Indigo Financial. The relocation is not a partnership, nor a business sale, and I will be operating my practice as a consultant in the Indigo Financial Office. This will allow me to continue to service your accounting, taxation and business needs in a personalised and efficient manner because I will have the additional resources and support to do so, from the team at Indigo Financial. I will still retain ownership and control of my practice, the difference being  I will be conducting the practice under the Indigo Financial umbrella. 



The Principals at Indigo Financial, John Tsoulos and Nathan Kentish and their team are a welcoming group of professionals. Indigo Financial is an innovative firm currently consisting of around fourteen people; including around ten Accountants. Whilst I continue to work as a consultant, Alana, Kristi and Paitryce will be joining Indigo Financial.  



I thank you for your support and your business in the past and I hope you will also see the benefit of this change. I look forward to continuing to work for you to grow your business and take care of your taxation affairs as I have always done in the past; but going forward I will be part of a larger team that can assist you.  As always do not hesitate to contact me if you have any concern now or in the future.



The change and reallocation will be from the 1st January 2016.  When we reopen next year on the 11th January 2016 our new contact details will be:



Indigo Financial

Level 1, 19 Sturt Street, ADELAIDE SA 5000

Phone: (08) 8212 8585    Fax: (08) 8212 2267                    .



Even though we are located in the Adelaide CBD, there is always ample street parking.




Kindest regards and catch up with you soon.



Yours sincerely

TBM Accountants




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