Accounting Heart

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Accounting Heart Accounting Heart takes a fresh and flexible approach to accounting recognising that both the head an

My name is Sonia Gibson and I am the Founder of Accounting Heart. Even as a child I loved solving puzzles – particularly those that had anything to do with numbers, so it is only natural that I became an Accountant. Establishing Accounting Heart has given me the perfect way to combine this love of all things numbers with my passion for helping others. Having worked as a Chartered Accountant and Business Advisor for over 20 years, I became frustrated with the limitations of traditional accounting firms. I saw the need for a different approach to financial matters that incorporates both the head and the heart, particularly in situations where life and finances collide. During my professional career, I have worked as a Partner with leading Sydney accountancy firms and have extensive experience assisting publicly listed companies right through to individuals and small businesses – each with their own set of circumstances. I would describe myself as hardworking and trustworthy and pride myself on gaining an in-depth knowledge of my clients’ businesses and financial situation. I’m an adventurous soul so when I’m not working, I enjoy kayaking and bush walking with my husband Wayne, exploring the great natural beauty that this country offers. If you would like to know more about Accounting Heart and the services we provide, please feel free to give me a call on + 61 (0)2 9528 0257. We can arrange to have a more detailed chat face-to-face or, if is more convenient, on Skype to determine how I can assist you towards financial freedom and your personal goals.

Setting up a business in Australia involves more than registering a company and getting operations underway.One area int...
15/10/2026

Setting up a business in Australia involves more than registering a company and getting operations underway.

One area international businesses need to understand early is their financial reporting obligations with ASIC.

Even a relatively small Australian subsidiary owned by an overseas company may be required to prepare and lodge annual financial reports. Registered foreign companies operating in Australia can also have reporting obligations, although exemptions may apply.

These requirements can affect how financial records are maintained, what needs to be reported and when.

Through Thrive International, we work with overseas businesses to understand their Australian accounting, tax and compliance obligations so the right processes are in place from the beginning.

Helping your kids buy their first home by going guarantor can seem like a good alternative to giving them money upfront....
12/10/2026

Helping your kids buy their first home by going guarantor can seem like a good alternative to giving them money upfront. But before agreeing, you need to understand what you might be putting at risk.

If they can't meet their loan repayments, you may become responsible for the debt covered by your guarantee. It can also affect your ability to borrow money yourself, even if they are making all their repayments.

Before signing anything, make sure you understand how much of the loan you are guaranteeing, what assets may be at risk and when you can be released from the arrangement.

If you have more than one child, it's also sensible to consider how this financial support fits into your broader estate and family wealth plans.

Helping family into the property market can be a wonderful thing, but remember to protect your own financial security in the process.

A business can be busy and still not be as profitable as it should be.You might have steady revenue, plenty of work comi...
08/10/2026

A business can be busy and still not be as profitable as it should be.

You might have steady revenue, plenty of work coming in and a full calendar, but still feel like there isn't enough left at the end of each month. When that happens, the issue may be less about how much work is coming in and more about what it costs to deliver it.

Some clients or services may simply take more time, labour and support than the fee allows for.

Looking at profitability by client, service or job type can show you where margin is being lost and whether pricing still reflects the true cost of delivery.

Through Thrive Business, we work with clients to understand which parts of the business are actually contributing to profit and where changes may be needed.

Philanthropy isn't something reserved for the extremely wealthy.If you've built a successful business or accumulated sig...
05/10/2026

Philanthropy isn't something reserved for the extremely wealthy.

If you've built a successful business or accumulated significant assets, you may start thinking about what you would like some of that wealth to achieve, whether that's supporting a cause close to you, contributing to your community or leaving a meaningful legacy.

Giving is a personal decision, but it also needs to work alongside your own financial security, family and longer term plans.

Through Thrive Personal, we work with clients who are thinking carefully about what their wealth is for and how to structure it to reflect their values.

⭐ Thank you, Susan. We’re so grateful for your lovely words and for the trust you’ve placed in us. ⭐
01/10/2026

⭐ Thank you, Susan. We’re so grateful for your lovely words and for the trust you’ve placed in us. ⭐

Having assets in a family trust doesn't automatically mean they sit outside the financial picture if a relationship ends...
28/09/2026

Having assets in a family trust doesn't automatically mean they sit outside the financial picture if a relationship ends.

What matters can include who controls the trust, how it has been used, who has received distributions and the rights and powers within the structure.

For families with significant business or investment assets held through a trust, this is worth understanding before decisions are made about moving assets, changing distributions or restructuring.

Our team can work alongside your family lawyer to help you understand the tax and financial implications of those decisions before anything is put in place.

⭐ Thank you for your kind words, Siobhan! ⭐
24/09/2026

⭐ Thank you for your kind words, Siobhan! ⭐

Selling the family home to downsize can involve more financial decisions than people expect.You may need to think about ...
21/09/2026

Selling the family home to downsize can involve more financial decisions than people expect.

You may need to think about tax if the property has been rented out, used to produce income, you have lived elsewhere for a period, or the land is larger than the main residence exemption allows.

For eligible Australians aged 55 and over, there may also be an opportunity to make a downsizer contribution to super, but the eligibility and timing rules need to be considered before the sale is finalised.

Then there is the question of what happens to the proceeds. You might be buying another property, investing some of the money, keeping funds available in cash or helping adult children.

Looking at these decisions together before settlement can help you understand the tax implications, make the most of available opportunities and ensure the move fits with your broader financial plans.

Australia is an attractive market for international business, but the compliance obligations can start earlier than many...
17/09/2026

Australia is an attractive market for international business, but the compliance obligations can start earlier than many overseas companies expect.

Even before a formal Australian entity is established, activity on the ground can trigger registration, payroll and tax obligations. Getting those requirements right early can save a lot of unnecessary work later.

Through Thrive International, Accounting Heart works with overseas businesses setting up or operating in Australia, helping them understand what needs to be in place and when.

If Australia is part of your growth plans, speak with us before the setup is too far down the track.

Winding up a family trust can seem like the cleanest way to deal with assets during a property settlement.But when the t...
14/09/2026

Winding up a family trust can seem like the cleanest way to deal with assets during a property settlement.

But when the trust holds a business, investment property, or other assets that have increased significantly in value, you need to consider the tax consequences before anything moves.

In some circumstances, CGT rollover relief may allow the tax on eligible asset transfers to be deferred. Whether it applies depends on how the property settlement is structured and formalised.

This is one of those situations where the order of decisions matters.

If a family trust forms part of a property settlement, involving your accountant early can help you understand the tax consequences of the available options before the settlement is finalised.

Address

Level 4, 29 Kiora Road
Miranda, NSW
2228

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

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