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Specialising in Small Businesses and Community Organisations

At Walsh Accounting, it's not just a numbers game – it's about people. If you're in business, we want to be in business with you. Our success is seeing you succeed. If you have a problem, we love finding solutions. We take the time to build strong relationships with you from the very beginning and really understand your needs.

Contact us today to find out more about how we can help.

Walsh Accounting understands the importance of establishing a strong future for your family and community. With over 40 years of experience working together as a family, we know what it takes to start, grow and manage a family business. We love being part of our clients' business - sharing the workload and being a part of your success. 

We have been solving client problems since 1980

Your Business

We offer a wide range of services to help you set up, run and grow your business as effectively and as stress free as possible.

You and your family

Need help getting your family finances in order? Our specialist services include Taxation, SMSF services, estate planning plus many more.

Your community

Our team can assist your community organisation with their financial reporting and auditing needs. 

Make an Appointment

If you would like to meet with one of our team members to discuss your financial needs,

please feel free to book an appointment with us.

New Appointment

Walsh Accounting Blog

By Jamie Walsh June 19, 2025
Your BAS refunds are under scrutiny after ATO extends notification period The Australian Taxation Office (ATO) is now allowed additional time to notify taxpayers when their business activity statement (BAS) refunds are withheld for verification of information. From 1 April 2025, the notification period for the Commissioner has extended from 14 days to 30 days, allowing more time for ATO to assess high risk BASs and to align with the notification period for refunds arising from income tax returns. The Commissioner may retain a refund if it would be reasonable to require verification of information relating to the refund amount under s 8AAZLGA(3)(a) of the Tax Administration Act 1953. If the Commissioner does not notify the taxpayer that the refund is being retained before the end of 30 days (previously 14 days), the refund must be released to the taxpayer. Factors determining retention of refunds The factors the Commissioner considers in deciding whether to retain a refund are: the likely accuracy of the information — for example, unusually high or low claim amounts the likelihood that the information was affected by fraud, evasion or intentional disregard of a taxation law the impact of retaining the amount on the entity’s financial position — for example, solvency needs the complexity that would be involved in verifying the information, and whether the information provided by the taxpayer is consistent with information previously provided. Risk mitigation steps If you are lodging a BAS with a large refund, note that the refund may be delayed as the ATO may scrutinise that BAS and identify it as high risk. It is important in all cases to have the necessary records on file to justify the information in the BAS. Any legitimate refunds retained for over 14 days would result in the ATO paying interest to you (as is currently the case). If you have any queries in relation to this measure, please feel free to contact our office.
By Jamie Walsh June 8, 2025
Family Trust Elections – How to avoid the 47% tax rate If your family trust has made a Family Trust Election, please read this.
By Jamie Walsh June 3, 2025
Banks can create money
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