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Welcome

Does Your Accountant Know You By Name?

At Peter Radford Accountant and Tax Agent we don’t just know your financials!
We are more interested in knowing You, your Partnership, Business, Trust or SMFS‘s goals and helping you achieve them.

We are committed to personal and friendly service, offering a client-focused accounting experience.

How can We Help?

For over fourteen years the team at Peter Radford Accountant and Tax Agent have worked closely with our clients to make informed decisions and achieve both business and personal goals.

Based in Morayfield, we are easily accessible to help you with a range of services from tax matters and software training to business advisory and strategic planning.

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Tax
preparation

We make a point of understanding the individual taxation needs of every client, whether they require help with company tax, personal tax effectiveness or indirect taxation including payroll tax and GST.

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accounting services

Our accounting services involve much more than preparing financial statements every year. We ensure our clients’ compliance needs are taken care of, allowing them to focus on their own professional, personal and business needs.

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superannuation services

Regardless of the stage in life you are at, it is important to be aware of your superannuation and what it can do for you in the future. We assist our clients in taking control of their superannuation and aligning it with their future lifestyle goals.

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business development

We like to work closely with a business as it transitions through the different stages of its life so we can provide accurate and timely advice at each stage of the business’s lifecycle.

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company secretarial

Regardless the size of your business, we can support you with highly qualified secretarial and support staff that will take care of managing a business’s compliance, corporate governance and secretarial responsibilities, so owners can concentrate on running their business efficiently.

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other
services

- Estates and trusts
- Financial accounts
- Business health checks
- Corporate compliance
- Franchise and business services
- Business advisory services
- Succession planning
- Buying and selling a business

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latest news

What are the different types of cashless payment methods?

Posted on July 1, 2020 by admin

In an effort to minimise physical contact during the global pandemic, most businesses are making the switch to cashless payments. While contactless credit cards and mobile wallet applications remain the most common type of cashless payments, many other methods have emerged in recent times. In the event that your business is also looking to make the switch, here are a few cashless payment types to be aware of.

Radio-frequency identification (RFID):

RFID uses radio technology to track tags containing electronic payment and banking information. RFID tags are most commonly attached to wristbands, watches or badges and can be scanned using mobile phones and RFID system technologies.

RFID tags can also be used at business events or service-providing organisations to keep track of clients while also acting as their digital wallet.

Unstructured Supplementary Service Data (USSD):

USSD services are another real-time cashless payment method which require a mobile network. With the USSD method, clients must dial a USSD code on an interactive menu provided by the business (could be a mobile phone), which will then allow clients to make payments to chosen recipients. The USSD code is dependent on a client’s mobile network and in order to make successful payments, clients must have their bank accounts correctly linked to their mobile phone number.

Quick Response (QR) Codes:

A QR code is a two-dimensional gridded pattern of black squares and is a viable cashless payment method as long as both clients and businesses have modern image-reading and camera technologies. Payments made through QR codes require a user to scan the QR code of a merchant to complete the transaction and can be done through banking apps or third-party payment applications on mobile phones.

While it may be tempting to make an immediate switch into cashless payment methods, the technology required to support cashless transactions is a costly investment. Before jumping the gun and spending money you do not need to, take note of which cashless payment methods would best accommodate your clients’ needs and fit into your existing business operations.

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