Spitfire Accounting Solutions

Spitfire Accounting Solutions

Accounting featured VERIFIED

PO Box 432, GYMEA, NSW 2227

ABN 74025432974
EST 2005

About

We are leading accountants and bookkeepers for electricians, plumbers, builders and tradies, because Kirsty is married to one.
Admin, GST, tax, and cashflow aren't your strengths, and you're interested in being more streamlined, for things to be easier, and to not be so stressed running your business. Most importantly, you want the time and money to do what you want to do. After all, that's why you went into business in the first place? Kirsty knows the tax deductions better, the automation tools better and understands tradie businesses as an industry.

Industry Specialty

  • Finance and Accounting
  • Business Management
  • Business Structure
  • Budgeting and Forecasting
  • Cashflow Management

Solutions

Tax, Accounting, Advisory
Accounting

Tax, Accounting, Advisory  

After discussions with you we will work out a solution with you. We package what you are after, offer options and a monthly payment plan. Easy!  

Project cost from $198

FAQ

Why should a customer hire your business over other service professionals?

I work predominantly virtually - using Zoom and cloud based accounting packages. If I do meet clients in person we meet at a cafe or your work/home premises. Also: For individuals - I love what I do and know the deductions that can be claimed. If your lodgement deadline is looming I am in touch to remind you. For businesses - I work in partnership with you. After talking to you about your business, what is working and what isn't (and what you may not have thought about), I give you a proposal with three options. You choose which one you like and pay monthly to make it easy on your cash flow.

What is the profile of your ideal customer? e.g. industry, size of business, revenue, number of employees and so on.

Most of clients are tradies - electricians, plumber, builders, etc because I know the industry. I am married to a sparky and have been running that business for almost 30 years. For my tradies I like to work with businesses that have $200,00 pa turnover and above. Staffing is not an issue, and I work with who you have.

How do you normally charge for your services?

I don't have an hourly rate - rather I charge what the service is worth. It means that you are getting value for your money and I am earning a reasonable income.

How is your business insured and what guarantees do you provide your customers?

I have Public Indemnity Insurance and also offer Tax Audit Insurance - it covers the accounting fees if the government does an audit. Most of our work is done virtually and, if we do meet up in person it is at a cafe or your business/home premises.

What experience, certificates, and licenses does your business have to qualify for the job?

I am a Chartered Accountant, Registered Tax Agent and small business owner (outside of my accounting practice). I have a Graduate Diploma from Chartered Accountants Australia and New Zealand, a Masters of Commerce (Professional Accounting) and a Bachelor of Business (Tourism). My career path went from hospitality to being a lender at two banks, and then becoming an accountant. During this time I was also a bookkeeper for our company.

Recommendation

(0) Add

Popular Q&A

Kirsty Fox answered a question

How have tradies been faring through COVID 19?

Hubby is a sparky, and talking to existing clients about the jobs they have been putting off to generate work. He is also talking to his commercial clients about bringing forward ongoing maintenance as they have some time to do this.I have a client...

Kirsty Fox answered a question

How has your professional services business responded to COVID 19?

For me it's an opportunity to educate other businesses (and my specialisation of tradies such as sparkys, plumbers and builders) to get through this time. The landscape for small business and JobKeeper is constantly changing, and I'm keeping...

Kirsty Fox answered a question

How is the COVID 19 crisis affecting your business?

As an accountant and tax agent, I am busy with ensuring my knowledge is up to date, and advising clients. My business specialises in tradies, and I've found some are really busy whilst others are quiet. I'm helping them and other businesses...

Kirsty Fox answered a question

Is accounting software such as MYOB, Xero or Saasu an overkill?

Absolutely not. They are am important tool to be able to keep track of what's going on in your business -Wwho hasn't paid you and for how long? Are they chronically bad payers and maybe not worth working for?When are your bills due for...

Kirsty Fox answered a question

How much do CPAs cost per hour on average?

I'm not a CPA, I'm a Chartered Accountant (same job, different professional body).I don't believe in charging by the hour. It's about putting packages together that solve your problems, and having a fixed price for that (which can...

Kirsty Fox answered a question

Can I sell off part of my business without losing control?

The short answer is yes, but you really need to get professional advice. Talk to your accountant and lawyer - agreements will need to be drawn up to protect both you and the purchasers of part of the business. It's way too involved to get into...

Kirsty Fox answered a question

When is "critical" for a small business owner to call on a business coach?

Preferably before they get into a "critical" position. Coaches are there as sounding boards, to look at your business (and therefore you) to give perspectives on what is happening and what you can't see for yourself because you are too...

Kirsty Fox answered a question

Does every small business need a business coach?

I think so - every athlete has the coach for their specific sport and usually a high performance coach and/or psychologist. Even if they are at the top of their game they have a coach. The benefits of coaching are to push you outside of your comfort...

Kirsty Fox answered a question

When can you apply instant write-off on personal vehicles used for business?

Assuming you meet the SBE rules and the write off amount is up to the limit at the time (three different thresholds with three separate dates in the past financial year), you can write it off immediately. You do not depreciateit.if it's an...

Kirsty Fox answered a question

Who can help you prepare and lodge a BAS statement?

Technically, you can prepare your BAS yourself, going through all your invoices and receipts and tallying the GST that you have received/paid, and the total income that you have received (this is the Simpler BAS). If you are a small business, you...

Kirsty Fox answered a question

Should you do your own company tax return?

No. Tax legislation is complicated, and if you get it wrong, the excuse of "I didn't know" doesn't cut it.  There are many variables that have to be considered, just like Ian has mentioned, and I would add the following -Have...

Kirsty Fox answered a question

Which is the easiest to use and master: Xero, MYOB, Quickbooks, Reckon or Saasu?

You really have to try them all to work out which one suits. Some people love Xero, others hate it and love MYOB, and others adore quickbooks/Reckon. Saasu is probably the least known of them all, but again, it comes down to what you are comfortable...

Kirsty Fox answered a question

Would hiring virtual accountant work well for small business?

The short answer is yes, you can still get the most out of your accountant without actually meeting them. With the advent of online accounting packages like Xero or MYOB, etc, and online meeting applications like Zoom and Go To Meeting, you...

Kirsty Fox answered a question

How to find the right accountant?

Have a chat with them to start with, and see if you feel comfortable with them and what they offer. Generally you'll be speaking with the principal or a partner, but they won't be doing the work, their staff will.A couple of things to think about --...

Kirsty Fox answered a question

Can you share a sample partnership agreement?

Hi Kellie,I don't, and I would still suggest you see a solicitor/lawyer to work out the nuts and bolts.Good luck!

View more