Frequently Asked Questions

For clients based in Perth, either is possible – if physical presence in your office is preferable, this can be discussed and agreed. Equally, we have our own premises so do not necessarily need to have an allocated desk in your offices.  

I am a Chartered Accountant (with ICAEW - Institute of Chartered Accountings in England and Wales), and a Certified Practising Accountant (with CPA Australia). I also have a first-class honours degree in Accounting & Finance (BSc) from the University of Southampton, UK.

VAT is not applicable and will not be charged.

GST will be charged to Australian based clients. 

Depending on the nature of the services to be provided to UK based clients, GST (at 10%) may be chargeable. This would be assessed and confirmed at the time of engagement. 

New England FRS has professional indemnity insurance up to AU$2m and certificate of currency can be provided where required.

Absolutely, and as an ex-auditor myself this can be an area where I can add value and help streamline the efficiency of our engagement to relieve burden on your teams, of course keeping our clients as involved as they wish throughout any interaction. If your preference is to communicate with your auditors independently, of course that is also fine. 

Either - New England FRS aims to support your financial reporting needs whether that involves a one-off engagement, a recurring requirement, a large project or a few hours here and there throughout the year. 

Payment terms are 7 days from date of invoice. Invoices will be raised in accordance with mutually agreed milestones in engagement letter. 

For UK based clients, invoices will be raised in GBP and can be paid into a GBP denominated Bank Account. 

For Australian based clients, invoices will be raised in AUD and can be paid into an AUD Bank Account. 

If you have a preference to be billed in GBP/AUD outside of the above standard, this can be discussed at the point of engagement. 

Unfortunately, taxation is not our area of expertise so we would suggest professional tax advice is sought where required. 

Perth, Australia is 7 or 8 hours ahead of the UK depending on the time of year, so typically the most convenient time for collaboration is first thing in the morning for UK clients, which would be late afternoon for us in Perth. However, we can discuss agreeable times for phone calls/meetings/live collaboration appropriate to each engagement and will endeavour to be as flexible as possible. 

The time difference can be of tremendous value to UK based clients in peak times or approaching a deadline as it can allow UK based clients to have projects progressing in Australia even as they sleep. For example, around FY and HY reporting deadlines where every hour counts, New England FRS can be reviewing documents/working papers/preparing required reporting so that come morning, UK clients or their auditors are able to hit the ground running.