Third Space Accountants

Applications for the Lord Mayor's Women in Business Grant open today.

Up to $5,000 (ex GST), for women-owned businesses in Brisbane. Closes 4:00pm AEST on Tuesday 6 October.

To be eligible you'll need:
👉 at least 50% ownership
👉 active ABN registered in Queensland
👉 turnover between $75,000 and $500,000
👉 full financial year of trading in 2025/26 with more than one client, and you can't be a past recipient.

What it funds:
✅ business strategy development
✅ financial services
✅ marketing and brand ecommerce
✅ training and professional development
✅ equipment that drives real growth.

What it doesn't:
❌business-as-usual costs
❌ bookkeeping and tax returns
❌ computers and office expenses
❌ travel, rent, stock, website hosting.

You'll need original quotes from local Brisbane or QLD suppliers for anything you're asking the grant to cover, so factor that into your timeline.

Full guidelines and the application portal: brisbane.grantplatform.com

We’re hiring 👀 Senior Accountant / Client Manager, Brisbane.

CPA/CA qualified, 7+ years in business services and tax, already client-facing? This one’s for you.

Link in bio for the full ad. Send a short video with your application for priority — [email protected].

ClientManager

Accounting vs. Bookkeeping. What's the Difference?

Quick confession: We get this question all the time. And the answer matters for your business.

Bookkeeping is the foundation. It's the daily work of recording transactions, categorising expenses, reconciling accounts, keeping your financial house in order. Think of it as the day-to-day that keeps everything running smoothly.

Accounting is the strategy layer. It's where we take that clean data and turn it into insights. Tax planning, financial reporting, understanding your profit margins, spotting where you can grow faster. It's the "what does this actually mean for your business?" part.

And the truth, you need both.

Bookkeeping without accounting? You've got numbers but no clarity. Accounting without solid bookkeeping? You're working with shaky foundations.

At Third Space, we handle both and we make sure they work together to give you real-time insights and strategic growth support. Because we're not just here to tick compliance boxes. We're here to help you win.

We mean, they are pretty valid questions. 🌭🐴🍔

Your accountant isn't there to judge, they are there to advise and guide you. That's why we are happy to answer to the questions you really want the answers to.

If you pay staff, this one is non-negotiable. 📌

Single Touch Payroll finalisation is due 14 July 2026 and it applies to every business running payroll. No exceptions.

Miss it, and your staff can't lodge their own tax returns. Which means the calls, the chasing, the "why haven't I got my income statement yet" messages, all landing on you.

Here's what needs to happen before the deadline:
✅ Reconcile payroll for the full financial year
✅ Fix any errors in your STP data
✅ Mark the finalisation declaration

Short timeframe. Big consequence if it's missed.
Don't leave it too late, book a call (link in bio)

Messy finances don't wait for you to catch up. They compound. You're making decisions blind. Losing money to tax. Burning out faster. Meanwhile, other businesses (our clients 😉) are getting ahead because they know their numbers.

One of the most common situations we walk into with new clients is unresolved ATO debt.

The business owner knew it was there. They just didn't know what to do - so they did nothing.

The ATO has significant powers to recover what's owed, including Director Penalty Notices that extend personal liability directly to directors.

But they also have structured payment arrangements and a genuine preference to work with businesses that engage proactively.

If you're carrying ATO debt right now, reaching out to your accountant is always the right first move.
The sooner, the better.

Nothing means more to us than hearing positive feedback from our clients.

We’re proud to support businesses and individuals with accounting advice they can trust, and reviews like this remind us why we love what we do.














Thank you to our amazing clients for your continued support and trust in our team.