Thorntons Accountants & Business Advisors

Farmers traditionally rely on trusts for asset protection and flexibility, but companies are now challenging this status quo. Companies offer the enticing possibility of a 25% tax rate and added asset protection, especially when separating trading businesses from land ownership. When making the decision, factors such as ownership, control, and debt levels are pivotal. Timing matters, and discussions during annual tax planning can help make informed decisions. Read more here: https://hubs.la/Q02SsM750 #FarmBusinessStructures #TaxSavings #AssetProtection #FarmersInsights

Partnering with Thorntons: How Trandos Farms Found the Right Advisors Trandos Farms, a fourth-generation agricultural powerhouse in Western Australia, sought expert advice to address unresolved issues. After considering several firms, Jim Trandos chose Thorntons, impressed by their professionalism and integrity. "Since partnering with Thorntons, everything is on track, and I feel safe knowing nothing is missed." Discover how Thorntons supports Trandos Farms by reading the full case study. https://hubs.la/Q02St2mr0 #Agriculture #FamilyBusiness #WesternAustralia

Colgan Industries, founded by Martin Colgan in the 1960s, has built a legacy through its expertise in large commercial heritage restoration projects, including notable sites like Perth Town Hall and Fremantle Prison. Thorntons has been a trusted partner throughout their journey, offering proactive and personalised tax planning and asset protection services. With Thorntons' in-depth knowledge of Colgan Industries' business, the relationship has strengthened over time, built on trust and mutual respect between the two family-owned businesses. Read the full story: https://hubs.la/Q02RYGnL0 #Accounting #BusinessSuccess #FamilyBusiness

Facing a complex business environment, the Michael family turned to Thorntons for help. With expert advisory, succession planning, and tax strategy, Thorntons brought clarity and stability to their operations. Corrina Michael remarked, “Thorntons have truly made a difference, exceeding our expectations and simplifying our processes.” Discover the full story by reading the case study. https://hubs.la/Q02RPxwX0 #FamilyBusiness #FinancialAdvisory #RuralAustralia

Happy Birthday Lydia Anthony!    Your dedication, hard work, and positive energy make every day better at Thorntons Accountants & Business Advisors. We hope you have a fantastic day filled with joy and celebration. Here's to another year of success and happiness!    At Thorntons, birthdays are a wonderful opportunity to recognise and appreciate the people that make our team special. The team enjoyed a lovely morning tea to celebrate Lydia’s special day. #HappyBirthday #TeamThorntons #CelebratingLydia

Accounting for Primary Production involves specific business, financial, and taxation issues, and a specialist understanding of the industry. Thorntons Business Advisors started as a Wheatbelt-based firm and today continues to provide high level accounting and management services to a number of clients on the land or in country centers from Geraldton to Esperance. We keep abreast of the developments in both the farming and accounting industries, ensuring we are uniquely placed to provide up-to-date, accurate advice. We understand the problems and challenges faced by rural businesses and we provide advice not only on tax and accounting issues, but also on succession planning and general business matters. https://hubs.la/Q02PX0x-0

Supporting Generations of Farmers at Carrawingee Farms Client Visit Highlight: Troy recently visited Carrawingee Farms in Nabawa, where he met with Brady & Erin Green, third-generation farmers continuing their family’s proud legacy of grain growing. The Greens, whose business focuses on wheat, canola, and lupins, carry forward a tradition that began with Aub & Jewell Green in Kalannie before relocating to Nabawa in the 1980s. At Thorntons, we believe in going the extra mile for our clients, and visits like this are a testament to our commitment to supporting rural businesses in person. Looking for expert advice tailored to your farming business? Reach out to Thorntons today to see how we can help you grow. https://hubs.la/Q02PWXlY0 #ClientVisit #GrainFarming #Agribusiness #FamilyBusiness #ThorntonsAdvisory #WeGoTheExtraMile

Australia's top economic forecasters expect the Reserve Bank to start cutting interest rates by March next year, taking 0.35 points of its cash rate by June. If passed on in full, the cut would take $125 off the monthly cost of servicing a $600,000 variable-rate mortgage, with more to come. Source: ABC News Read more: https://hubs.la/Q02QJFS50 #Economy #ConsumerFinance #Inflation #Thorntons

Trandos Farms' Journey with Thorntons: Trust, Integrity, and Excellence For over 85 years, Trandos Farms has been a leader in agriculture, and they needed advisors who could keep up with their evolving needs. Jim Trandos found that partner in Thorntons, who provided timely, honest advice and seamless service. "Thorntons have proven to be the right people for us." Learn more about their successful partnership by reading the full case study. https://hubs.la/Q02QJFWK0 #Agribusiness #FinancialAdvisory #TrustedPartners

Success Through Simplification: Thorntons' Impact on the Michael Family Farm When Corrina and Daniel Michael transitioned their farming business to Thorntons, they were met with strategic insights and exceptional support. From simplifying their business structure to effective tax planning and hands-on advisory, Thorntons has been instrumental in their success. Corrina highlighted, “Thorntons made complex processes simpler and have been incredibly proactive.” Learn more about their journey by reading the full case study. https://hubs.la/Q02QJFxF0 #Farming #MidWestAustralia #TaxPlanning