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Discover Your Business's Potential: Why Changing Accountants Matters

Are you ready to uncover the true potential of your business? It's time to consider whether your current accountant is truly empowering your growth or holding you back.

Your business deserves an accountant who goes beyond simply crunching numbers. A true partner who not only keeps your finances organised but also propels your growth towards bigger challenges.

Many businesses consider changing accountants for various reasons, and understanding these can be the catalyst for your business's transformation:

  • They're difficult to reach. Communication is the lifeblood of any successful partnership. If your current accountant is elusive and hard to reach, it may hinder your ability to make timely and informed decisions.
  • They don't explain anything or are too difficult to understand. Financial matters can be complex, but a good accountant should be able to simplify and clarify important concepts for you. If your accountant leaves you in the dark, it's time for a change.
  • You are not receiving a personal service. Your business deserves personalized attention and a genuine commitment to your success. If your current accountant treats you like just another number, it's time to find someone who values your business as much as you do.
  • They use outdated methods. In today's fast-paced world, staying ahead means embracing modern tools and technologies. If your current accountant is stuck in the past, it could be holding your business back from reaching its full potential.
  • You need specialist advice. Your business is unique, and it requires tailored expertise. A specialist accountant who understands your industry can offer invaluable insights and recommendations that a generalist may miss.
  • They're reactive, not proactive. A proactive accountant anticipates your needs and helps you navigate challenges before they arise. If your current accountant is merely reactive, you might be missing out on strategic opportunities.
  • They charge for every little conversation. Transparent and fair pricing is essential for a healthy client-advisor relationship. If your current accountant nickel and dimes you for every conversation, it's time to find someone who values open communication.
  • The business has outgrown them. As your business evolves, so should your accounting partner. If your current accountant struggles to keep up, it may be time to seek a more dynamic and growth-oriented firm.
  • Your accountant is conflicted. Trust and integrity are paramount in any business relationship. If your current accountant's interests conflict with yours, it's time to seek a partner who will always have your back.

As your business faces new challenges and opportunities, having the right accountant by your side becomes paramount.

While considering a change of accountant, it's crucial to recognise the benefits and advantages that come with making this decision:

  1. Fresh insights and opportunities: Changing accountants brings a new set of eyes to your financial landscape. A fresh perspective can lead to innovative strategies and untapped opportunities that were previously overlooked, helping your business reach its full potential.
  2. Comprehensive service offerings: transitioning to Ashfords professional accountants, opens the door to a fuller suite of services beyond standard tax compliance. With expertise in financial planning, wealth management, audit & assurance, superannuation, business advisory, finance & lending, bookkeeping, and digital transformation, you'll have access to a wide range of solutions tailored to your specific business needs.
  3. Enhanced expertise: A specialised accountant can provide tailored advice and support, understanding the unique challenges and opportunities in your industry. With an expert guiding your financial decisions, you'll gain the knowledge and tools needed to navigate complex business landscapes more effectively.

When changing accountants, remember to be transparent about your decision. Communication is key – be open and honest with your current accountant about the change. The transition involves Professional Clearance and Due Diligence to ensure a smooth and fraud-free handover.

So, why choose Ashfords? It's simple. We bring fresh eyes and more services that can transform and build your business, beyond just accounting. Having grown into a full-service professional advisory firm, our accountants understand our client's business needs and can help to build your business for sustained success. Tax compliance and bookkeeping are just the beginning – we dig deeper to discover the best value for you.

To find out what an Ashfords business advisor can do for you, get in contact with us on our website: or calling at 03 9551 2822. Make the switch today!


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What’s this new tax:

On 20 March 2024, the Victorian State Government introduced the Commercial and Industrial Property Tax Reform Bill 2024 ( The Bill is expected to become law and to take effect from 1 July 2024.

The Victorian Government, as announced in the 2023-24 Budget,  is progressively abolishing stamp duty on commercial and industrial property and replacing it with an annual tax.

The annual tax, to be known as the Commercial and Industrial Property Tax (CIPT), will be set at 1% of the property’s unimproved land value.

The tax will replace land transfer duty (stamp duty) that is currently payable on the improved value of the land when you purchase or acquire a commercial or industrial property in Victoria.

The new tax system will start to apply to commercial and industrial property if the property is transacted on or after 1 July 2024.


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