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Our Insights

March 16, 2020

CoronaVirus (COVID-19) – A Message from the Team at Thorntons Accountants and Business Advisors   At Thorntons we take our responsibility for the well-being of our staff and clients seriously.  As the situation with the COVID-19 pandemic continues to escalate in Australia and around the world, we want to take this opportunity to update our […]

March 13, 2020

Whatever your business, it’s likely that COVID-19 will be impacting you. You may be dealing with stock shortages, exporting issues, disrupted travel plans or a sales downturn due to tourist drop off. As the situation changes and develops across the world, it’s important that businesses develop a workplace response to coronavirus. You’ll want to have […]

February 21, 2020

From the end of March 2020 you will no longer be able to use your AUSkey to access ATO online services such as the Business Portal, and instead are required to set up a myGovID. Unfortunately we are unable to contact the ATO and attend to this on your behalf. As a Director of a […]

February 1, 2020

Timing Don’t leave it too late to the end of financial year. This makes it difficult to implement tax saving strategies in time. Often between February – May is the best time for a profit estimate. Cash Flow Often tax saving measure require an outlay of cash later in the financial year. It is important […]

January 31, 2020

In the coming days you may receive an invitation to take up Audit insurance with Audit Shield. What is Audit Shield? The Audit Shield service provides for the payment of our professional fees otherwise payable by you when incurred as a result of our accounting firm being required to respond, on your behalf, to an […]

January 22, 2020

From the end of March 2020, you’ll no longer be able to use AUSkey and Manage ABN Connections (your myGov login when you have an ABN connected to your account). Set up your new key today! It’s the new, simple, secure and flexible way to access our online services like the Business Portal. What will […]

January 8, 2020

Per the current legislation, most primary producers and tourism operators can claim refunds of 8/33 of the LCT they have paid, up to a maximum of $3,000. This figure (8/33) is the difference between the current LCT rate of 33% and the previous LCT rate of 25%. These refunds may also apply to imported luxury […]

December 16, 2019

The Federation of Hong Kong Business Associations Worldwide is a unique network of 41 Hong Kong Business Associations in 30 countries and regions with over 13,000 individual associates. These Hong Kong Business Associations were started by overseas traders, buyers and professionals, who have strong business links to Hong Kong in their respective countries, for the purpose of […]

September 13, 2019

With the introduction of Single Touch Payroll, there is more government visibility into your business than ever before! Do you know what Industrial Relations System your farm is covered by? What about which Award your Farm should pay your employees under? Do your employees have written employment agreements? Do you have human resources and safety […]

March 21, 2019

Simon Read, founder of PPSAdvisory, is helping us unravel the mystery of the PPSA and why it’s so critical you appreciate its application to your business. Don’t remember what PPSA is? Read our introductory blog: What is the PPSA series? So, if the PPSA is all about security interests in equipment, assets etc, what part does […]

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Our farming business has been connected with Thorntons since their business commenced in Cunderdin. From Bill Thornton to his son Mark and now Bill Mattingly, we have found them to be a very professional, knowledgeable and friendly Business Advisory team. They cover all areas of our business needs, from accounting services, tax planning to farm business succession; they are an integral and very important part of our business. I would have no hesitation in recommending Thorntons to any farming business
David Beard, Beard Nominees Pty Ltd, Cunderdin WA
Troy came highly recommended when we were looking around for an accountant who wanted to be a ‘partner’ in our business rather than just a compliance service provider.  We also needed assistance navigating farm succession.  Troy has been a pleasure to deal with and any team member we have worked with throughout Thorntons has been exceptional – upbeat, knowledgeable and responsive.  Troy is accessible, takes a genuine interest in his clients and is only too happy to get out on farm.  He is intuitive, patient, and able to quickly get to the core of what humans need during challenging conversations - keeping things moving forward. Troy’s integrity and experience in negotiating succession is evident from introduction and we have really appreciated the next level of organisation Thorntons bring!  Wish we had changed sooner!
Jason & Renaye Stokes, CJ Stokes and Son, Chapman Valley
We have been with Thorntons since 2004. They have uncompromisingly provided our farm with advice above and beyond accounting services. The way they provide us with advice makes us know they care about our success.  They update us with the latest legislative changes that may benefit our operations and communicate it to us in our lingo.  We find we can call Thorntons anytime and all of the staff are able to help. Troy Anderson has been the expert behind our succession planning with fairness and authority he has facilitated our move forward and assisted us to be our best. Trusting Thorntons with our business gives us more time to focus on operations knowing they are always giving us the best advice.
Paul & Jocelyn Seymour, DJ Seymour & Co, Miling WA
Troy has been our accountant for five years and we always find him to be very professional, friendly and of high integrity.  He responds promptly to any queries we have and gives sound advice.  We would highly recommend Troy to anyone looking for an excellent accountant.
Juliet Vilé, Fencespot, Wangara WA
We recently made some changes in our life, moving from broad acre farming in the Wheat Belt to owning an Irrigation business in the South West.  In doing so, we researched for a new accountant who understood broad acre farming, small business as well as assisting us with sound financial advice for our future.  Thornton’s were recommended to us by several friends.  We are really happy with how accessible the team are at Thornton’s, their level of knowledge and continuous communication.
Tom & Felicity Pollard, Thinkwater, Dunsborough WA
Thorntons is one of the best accounting firms I have dealt with.  We always receive honest and professional advice especially from Troy and his team. I would strongly recommend this company without hesitation.
Gavin Vilé, Fencespot, Wangara WA
We have been with Thorntons for over 30 years. Troy Anderson our accountant for the last 15 years has always had our back. Troy has not only helped us with day to day accounting but careful tax planning and a delicate succession plan has been achieved with success. I am very happy with the service we receive and consider Troy as one of my true friends.
Doug Ellis, PJ Ellis & Co, Kulin WA
Perth Anaesthetic Group has worked with Thorntons Accountants and Business Advisors since 1987. I have personally worked alongside Abha and the team for the last 8 years, within this time I have found their services and professionalism to be exceptional. Company financials are always completed as per the scheduled date and professionally presented. In recent times with Covid, being a small business we have needed help with Jobkeeper and eligibility for Stimulus packages, I have found Abha and the team have gone above and beyond to help and guide us to ensure we have the most up to date information to determine eligibility. I am reassured having Thorntons as our Accountants/Business Advisers and look forward to continuing working with Abha and the team.
Jane McGrath – Practice Manager – Perth Anaesthetic Group
We have numerous mutual farming clients with Thorntons and find them to be exceptional accountants and advisers. They know their ‘stuff’, communicate exceptionally well, deliver on time and work hard to provide solutions for clients that take into account not just the best short term outcomes but those that better position the business for the future.
Cameron Weeks, Planfarm Director
I work collaboratively with Troy, Marie and their team in the areas of estate planning, farm succession planning and related party property transactions. Troy and Marie's attention to detail and professionalism are of the highest standard and they work hard to attain practical and viable business solutions for their clients. They are both clear communicators, accessible and a pleasure to work with.
Julie Murray, Solicitor, Yarramundi Law
Our company has found Marie and the team at Thorntons to be extremely helpful in their approach to our business. They are always ready with a reply to our emails or phone calls. Nothing is too much trouble for Marie and the team, they go above and beyond to help us with our taxation. I would recommend them anytime.
Splitrock Farming Co., Kerry Robinson
Our business relationship with Thornton's goes back many years, in fact we may well be their longest running client, having been with them for over 40 years. We have come along way from humble beginnings as a bricklaying contractor to where we are today as an established leader in the field of commercial heritage restoration and sustainable building design in multi-unit residential developments, however, the level of respect, service and courtesy has admirably remained unwavering over that time. Thornton's have constantly provided service of the very highest level, are responsive to our needs and are progressive in their offerings without ever being pushy. Importantly, the people we need to speak to are always available when we need assistance or advice on a range of matters and deliver when they say will. They are one of our most trusted partners in business. Importantly, the relationship while professional, is always conducted in a friendly and open manner. We would recommend Thornton's in the highest possible terms to any potential clients.
Daniel Colgan – Director – Colgan Industries Pty Ltd