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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

Income stream within an SMSF

March 18, 2019

One of the best ways to ensure regular, flexible and tax-effective income as a pensioner is through an income stream from your SMSF. As a member, you can receive an income stream in a reoccurring series of benefit payments from your super fund.

Income streams from an SMSF are usually account-based, which means that the amount allocated to the pension comes directly from a member’s account. Once an account-based pension commences, there is an ongoing requirement for the trustees of the superannuation fund to ensure the pension standards and laws are met.

Standards that must be met in order for SMSFs to pay income stream pensions include:

SMSF trustees may need to amend fund trust deeds to meet the minimum pension standards. For more information on how to do this, you should consult a legal adviser. Records must be kept of pension value at commencement, taxable elements of the pension at commencement, earnings from assets that support the pension and any pension payments made.