What The Local Accountant does

The Local Accountant is a privately held, founder-led accounting practice headquartered at 95b Station Street in Penrith, NSW, Australia, serving SMBs and individuals across Penrith and Western Sydney. The firm was established by David Thomas, a Chartered Accountant with a post-graduate degree and prior experience at a mid-tier Sydney CBD firm, who returned to his hometown to focus on local clients. The service offering is an integrated full-suite accounting practice covering day-to-day bookkeeping, payroll (including Single Touch Payroll compliance), monthly/quarterly reporting, annual reporting, BAS and tax return preparation, and strategic accounting advice on business structure, tax planning, and funding options.

The practice operates on a professional services revenue model with quote-based, customized pricing; no pricing is publicly disclosed and no software product or proprietary technology platform is evidenced. Distribution is direct, via in-person consultations at the Penrith office, phone, and email, supplemented by an organic social media presence (Facebook, Instagram, LinkedIn), website content, and word-of-mouth referrals from long-tenured clients. The client base consists of small businesses in sectors such as landscaping, automotive retail, and construction, alongside individuals with personal and investment tax needs. The firm holds professional memberships with the Australian Institute of Accountants and the National Tax and Accountants' Association and is actively operating with no reported acquisitions, funding events, or ownership changes.

Name

The Local Accountant

Legal name

The Local Accountant

Website

https://thelocalaccountant.com.au

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

The Local Accountant is a privately held Penrith, NSW accounting practice that delivers bookkeeping, payroll, reporting, BAS/tax, and advisory services to small businesses and individuals across Western Sydney, led by founder and Chartered Accountant David Thomas.

Ownership category

akta.pro rank

Product category

Accounting & Tax Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Other Accounting Services (541219)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

akta.pro secondary industry

Comprehensive Financial Planning (FSAEAAAA)

Keywords

• Accounting services
• Tax preparation
• Bookkeeping services
• Payroll processing
• Financial advisory

Headquarters

HQ city

Penrith

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Professional Accounting Services: Full-service accounting firm providing end-to-end financial services including bookkeeping, payroll, reporting, tax preparation, and advisory services to businesses and individuals.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The Local Accountant is a Penrith-based professional accounting firm providing end-to-end financial services to businesses and individuals across Penrith and Western Sydney. Core offerings include Payroll Services (with Single Touch Payroll compliance), Day-to-day Bookkeeping, Monthly & Quarterly Reporting, Yearly Reporting, BAS & Tax Return preparation, and Accounting Advice covering tax planning, business structure, and funding options.

Product overview

The Local Accountant offers a suite of integrated accounting and financial services for businesses and individuals in Penrith and Western Sydney. The core service portfolio includes Payroll Services (with Single Touch Payroll compliance), Day-to-day Bookkeeping, Monthly & Quarterly Reporting, Yearly Reporting, and BAS & Tax Return preparation. These services are complemented by Accounting Advice covering financial planning, tax planning, business structure, and funding options. The offering functions as a unified full-service accounting practice where bookkeeping, payroll, reporting, and advisory services work together to provide end-to-end financial management for clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Payroll Services Payroll processing service for businesses, covering employee setup, tax withholding, Single Touch Payroll (STP) compliance, payslip generation, payroll system implementation, calculation and processing of employee wages and other withholdings, and year-end payroll support in compliance with employment laws and payroll regulations.
• Accounting Advice Financial advisory service for individuals and businesses covering financial planning, tax planning, business start-up and structure advice, financial analysis, compliance guidance, financial systems, and funding options. Designed to teach clients that reporting obligations are the resulting factor of the actual service provided, with the real service being real-time financial data.
• Monthly & Quarterly Reporting Financial reporting service for businesses covering monthly and quarterly obligations, including financial statements, budget analysis, sales and payroll tax reporting, GST reporting, superannuation reporting, and compliance review.
• Yearly Reporting

Quantifiable outcome

• Real-time financial data access enabling informed business decisions

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• AIA (Australian Institute of Accountants)minorOthersProfessional accounting membership association providing industry recognition and ongoing professional development resources for accounting practitioners.
• NTAA (National Tax and Accountants Association)minorOthersNational membership organization for tax and accounting professionals providing access to tax resources, support, and professional development.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Others

• TOA Global: Australia-based outsourced accounting and bookkeeping services provider serving accounting firms globally. Functions as a back-office supplier to practices like The Local Accountant rather than a direct competitor, but operates in the same Australian accounting services ecosystem.

Emerging players

• Bench: US-based SMB bookkeeping and financial reporting service combining software with dedicated bookkeepers. Overlaps directly on day-to-day bookkeeping, monthly reporting, and year-end financial statements for small businesses.
• Pilot: US-based subscription bookkeeping, accounting, and CFO services firm targeting SMBs and startups. Comparable business model (recurring monthly fee, full-service bookkeeping-plus-advisory) but delivered at greater scale and via technology-enabled operations.
• Etax: Online-focused Australian tax return preparation service targeting individuals and small businesses. Comparable on personal/investment tax work but competes via digital delivery and lower price points rather than local relationship-led service.

Broad incumbents

• BDO Australia: Large national accounting and advisory firm serving SMBs through to large corporates. Overlaps with The Local Accountant on SMB tax, BAS, and advisory work but as part of a much broader portfolio across Australia.
• RSM Australia: Mid-tier national accounting network offering bookkeeping, tax, advisory, and audit services to SMBs and mid-market clients. Comparable on service breadth and SMB advisory positioning but at much greater scale and geographic reach.
• H&R Block Australia: Major retail tax preparation brand operating in Australia. Overlaps with The Local Accountant on individual tax returns and BAS preparation but at far larger scale and with a brand-led, multi-office delivery model.

Direct peers

• Carbon Group: Australian SMB-focused accounting and advisory firm offering bookkeeping, tax, and business advisory to small businesses and individuals across multiple regional markets. Highly comparable in target customer, full-service suite, and Australia-focused SMB positioning.
• Bottrell Business Services: Regional Newcastle/Hunter-based accounting and financial advisory firm serving SMBs and individuals in the local area. Comparable as a small, founder-led Australian regional practice with a similar full-service compliance-plus-advisory model.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/The-Local-Accountant-100083012988371
• LinkedInlinkedin.com/company/the-local-accountant-au
• Instagraminstagram.com/thelocalaccountant

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Local Accountant