Most property developers focus on securing land, obtaining approvals, and managing construction costs. But one crucial step often gets overlooked: speaking to an accountant before committing to a deal.

Failing to consult your accountant can cost you tens or even hundreds of thousands of dollars in unnecessary taxes, inefficient financing structures, and legal complications. A poorly structured deal could mean paying extra Capital Gains Tax (CGT) on a future sale, missing out on GST credits, or losing thousands due to improper loan structuring.

For example, a developer who fails to account for GST obligations on new builds might face an unexpected liability that eats into their margins. Mistakes can delay projects, impact cash flow, and reduce overall profitability.

Making an accountant part of your decision-making process from the start ensures you maximise tax benefits, optimise cash flow, and avoid costly errors that can derail your development plans. A single consultatio...