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Welcome

Salomone Accountants is fast becoming a leading exclusive accounting firm in Brisbane and the surrounding Milton area. We are a growing practice serving a sophisticated and specialised clientele.

 

Salomone Accountants offers a range of accounting services and specialises in:

Our clients include small and large businesses, professional individuals, property investors and share investors.

 

Over time, Salomone Accountants has developed a niche in providing business advice to small and large business clients. Our business clients that we look after come from many different areas of business, including medical, real estate, transport and construction – to name a few.

 

Salomone Accountants is widely recognised for the outstanding personalised service that our clients enjoy. Our friendly and caring team all endeavour to make our clients feel like they are part of our team and not just a number.

 

We pride ourselves on providing a high standard of professional service at all times, with our fees being fair and reasonable.

 

Our office is conveniently located in the heart of Cafés, Shops and Restaurants, just behind the La Dolce Vita Café and the iconic Eiffel Tower in Park Road, Milton.

 

Priding ourselves on our exceptional service, we provide our professional staff with the on-going extensive technical training and development needed to uphold our status and keep us positioned above the rest.

 

We believe our firm, Salomone Accountants, is as unique as the Park Road Milton precinct.

 

Parking & Public Transport
Our clients have many options in relation to accessing our office as there is parking available in the Savoir Faire complex, as well as off-street parking. We are also conveniently situated within a five minute walk from the Milton Train Station and the Milton Ferry Terminal.

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News

Managing risk in your SMSF

October 12, 2018

SMSFs provide the trustee autonomy and an increased opportunity to maximise your retirement savings. However, an investment strategy must be accompanied by a risk management plan should some of your investments come up short.

Consider the following risk management strategies:

Diversification
Diversification reduces risk by investing in many different assets including property, annuities and equities. By spreading your earnings across several investments you minimise the risks to your retirement nest egg that can occur if one investment suffers a loss or a disappointing return. Organise your target returns according to your asset class and establish the accepted variation range from this target. This allows you to track your investment portfolio and whether it is setting you on the right financial path.

Liquidity
If you tie up your money in assets like property, then you may run short on cash. It is important that you have cash to cover the costs of running your SMSF and in the case of a member’s total and permanent disablement. If you’re also forced to sell an asset to get this cash the market conditions may not be ideal, and you could receive a disappointing return because you need cash in a rush.