Accountant

Imagine Accounting logo

Imagine Accounting

Very skilled at startups and general corp structuring with great referrals to specialist ie international tax

Chatswood, AustraliaEst. 200213imagineaccounting.com.au
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Location
Chatswood, Australia
Founded
2002
Team size
13
Focus
Accounting
Reviews
1 verified
5.0
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What Founders Think of Imagine Accounting (1)

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re: Joshua Navarro
Gil Snir, CEO @ AuditCover - Using their service
Verified Founder

Very skilled at startups and general corp structuring with great referrals to specialist ie international tax

About Imagine Accounting

Imagine Accounting is a well-established accounting and business advisory firm based in Chatswood, New South Wales, Australia, dedicated to empowering small and medium-sized businesses, startups, entrepreneurs, high-net-worth individuals, and retirees. The firm's overarching mission extends beyond traditional compliance, focusing on making a meaningful difference to the lives of its clients, their families, and the broader community by helping them achieve their financial and lifestyle goals. Established in 2002 by Peter Caunt as Caunt and Lowbeer, the firm underwent a significant rebranding in 2017 to become Imagine Accounting, reflecting a renewed commitment to innovation, technology, and a client-centric approach. This evolution aimed to align with the rapidly changing accounting industry and prioritise more technologically advanced and streamlined services for clients.

What sets Imagine Accounting apart is its commitment to strategic advice aimed at increasing profitability and improving cash flow. The firm operates on core values summarised as F.I.R.S.T.: Family First, Love Our Clients, Take Responsibility, Speak Up, and Think Differently. This philosophy underpins their comprehensive suite of services, which includes not only accounting and tax compliance but also advisory, bookkeeping, asset protection, estate planning, succession planning, and superannuation/retirement advice. They are particularly known for assisting small businesses with growth strategies, business valuations, and guiding clients through acquisitions and mergers. The firm also prides itself on its 'Imagine This Service Guarantee', promising tailored service, quick turnaround times for compliance, free assistance with day-to-day matters, and a commitment to returning calls, emails, and requests within one business day. Clients also benefit from upfront, fixed-price quotes, ensuring cost certainty.

Imagine Accounting has garnered significant recognition for its excellence in service. A key achievement was being named Champion Accounting Services for 2019 at the Australian Small Business Champion Awards, a national program celebrating outstanding small business practice. The firm has also been a finalist in these awards in other years, as well as a winner of the Local Business Awards 2021 North Shore, and had a team member as a finalist in the Accountants 30 Under 30 2019 for Business Advisory. The leadership team includes Mark Williams as the Managing Director, Joshua Navarro as a Director, and Peter Caunt, an original founder, who serves as a Senior Director with over 45 years of industry experience. Colin Yamey contributes as a member of their Advisory Board. The firm boasts a multicultural team fluent in multiple languages, further enhancing its ability to serve a diverse clientele effectively.

Imagine Accounting at a glance

Services
Accounting & Tax ComplianceAdvisoryBookkeepingAsset ProtectionEstate PlanningSuccession PlanningSuperannuation / Retirement (SMSF Advice)Tax and Structure ReviewStrategic PlanningBusiness Set UpBudgeting and ForecastingCash Flow Management StrategiesProposals for FinancersLoan Structuring AdviceDebtors Policy ReviewsKPI Management & BenchmarkingScenario PlanningDeveloping Business Vision and ValuesBusiness Growth StrategiesAdvisory BoardsBusiness ValuationsBusiness Acquisitions, Disposals and MergersDue Diligence on Business and Other AcquisitionsLeadership, Direction, Mentoring and CoachingEmployee Bonus ArrangementsEmployee EngagementEmployee Profit Share ArrangementsATO CorrespondenceBusiness Activity Statements (BAS)Data EntryFilingInstalment Activity Statement (IAS)ReconciliationsPayroll
Industries
Small and Medium-sized BusinessesStartups & EntrepreneursHigh-Net-Worth IndividualsRetireesBuilders
Software stack
XeroMYOBQuickBooksQuickenCloud Software
Specialisations
Startups and General Corporate StructuringTax Minimisation StrategiesAsset ProtectionRetirement and Estate PlanningSelf-Managed Superannuation Funds (SMSF) AdviceBusiness Growth and DevelopmentCash Flow ManagementBusiness ValuationsBusiness Acquisitions and MergersInternational Tax (via specialist referrals)
Pricing
Thinker (Compliance Only)From $220+ GST per month

Compliance and tax advice with some additional support, annual planning meeting, cloud accounting subscription, annual financial statements, annual tax return.

Thinker + Small (Business Package)From $440+ GST per month

Designed for businesses with annual revenue up to $500k. Includes Xero file subscription, bank reconciliations (up to 50 transactions), matching of customer and supplier payments. Payroll an additional cost.

Mover + Medium (Business Package)From $880+ GST per month

Designed for growing businesses with annual revenue up to $1m. Includes Xero file subscription, bank reconciliations (up to 150 transactions), matching of customer and supplier payments, payroll processing for up to 10 employees, superannuation reminders, annual PAYG summaries.

Shaker + Heavy (Business Package)From $1650+ GST per month

Designed for businesses with annual revenue over $1m. Includes Xero file subscription, bank reconciliations (up to 300 transactions), matching of customer and supplier payments, payroll processing for up to 25 employees, superannuation reminders, annual PAYG summaries.

Light (Investment Entity Package)From $160+ GST per month

Basic entity with minimal investments and transactions (0-10 investments). Includes annual planning meeting, cloud accounting subscription, annual financial statements, annual tax return, annual tax planning, phone and email support, trust distribution resolution (if applicable).

Medium (Investment Entity Package)From $330+ GST per month

Reasonable number of investments and transactions (10-30 investments). Includes annual planning meeting, cloud accounting subscription, annual financial statements, annual tax return, annual tax planning, phone and email support, trust distribution resolution (if applicable), annual ASIC compliance, half yearly review meeting.

Heavy (Investment Entity Package)From $550+ GST per month

Substantial investments and transactions, likely multiple entities (30+ investments). Includes annual planning meeting, cloud accounting subscription, annual financial statements, annual tax return, annual tax planning, phone and email support, trust distribution resolution (if applicable), annual ASIC compliance, half yearly review meeting, quarterly investment reports, full administration, annual asset protection review, annual estate planning review.

Company Setup$1028 + GST

Initial consultation, registration for ABN, TFN, PAYG Withholding, GST (as required), first year corporate secretarial, review and organisation of signing documents.

SMSF Setup$1200 + GST

Initial consultation, register for ABN and TFN, register for PAYG Withholding and GST if necessary, assistance with rollovers, review and organise signing of documents.

Family Trust Or Unit Trust Setup$1200 + GST

Setup of Family Trust or Unit Trust.

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