HMA Twomey :: Chartered Accountants
 

Farm Accounting

Farm accounting involves specific business, financial, and taxation issues, and as such requires a specialist understanding of the industry. At HMA Twomey Patterson Accountants we keep abreast of the developments in both the farming and accounting industries, putting us in a position to provide up-to-date and accurate advice.

Our services include:

  • Farm budgeting and cash flows
  • Farm sales and purchases advice
  • Ownership structures
  • Preparation of financial statements
  • Taxation
  • Seasonal planning
  • Succession planning
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Do you have a Higher Education Loan Program (HELP) debt?

From 1 January 2012, the government is changing the HELP voluntary repayment bonus, applied to payments of $500 or more, from 10% to 5%.

To take advantage of the 10% bonus, you will need to ensure your voluntary repayments are received by the Tax Office on or before 31 December 2011. To ensure payments are received in time, you should check with your financial institution for processing deadlines.
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