We are specialists in indirect taxes applicable to the university residential colleges sector, with 15 years’ experience Australia-wide.

About us

Headquartered in Perth, Tertiary Balance services clients Australia wide including residential colleges and Universities. We are specialists in indirect taxes applicable to the university residential colleges sector and provide advice on use of the Residential Colleges GST Tool, Division-129 adjustments and other areas.

Our company also provides general advice and reporting on the student accommodation sector. In 2014 we were tasked with carrying out the National Census of Student Accommodation Providers which expanded the scope of the 1999 Census by providing a detailed survey and analysis of all 100+ bed student accommodation providers in Australia. We also provide demand analysis for student housing among other things. We have a wide range of analytical, statistical and design capabilities which we can draw on for analysis.

Whether you require tax and financial advice or other advise in the university residential sector, with over 15 years’ experience in the sector Tertiary Balance can help you find the answers you need. We will bring a high degree of accuracy and professionalism to the task and work with you to tailor our services to best meet your unique needs and requirements.

Get in touch with us to set up a consultation and find out whether our services are right for you.

TERTIARY BALANCE

mailing address:
PO Box 7064
Shenton Park
WA 6008

street address:
14/336 Churchill Avenue
Subiaco
WA 6008

E admin@tertiarybalance.com.au

Opening Hours:

9am to 5pm Monday - Friday AWST

Areas of Practice

Tax Advice and Accounting

Prepares contingent taxation (GST) liability statements to meet your college or university’s reporting obligations to external auditors and/or financiers (under AASB 137: provisions, contingent liabilities and contingent assets).

The Div 129 Calculator is a product developed by Tertiary Balance Pty Ltd.

Financial Advice

We offer over 15 years experience within the tertiary residential colleges sector. Our expertise encompasses Goods and Services Tax (GST), Fringe Benefits Tax (FBT) and other indirect taxes as well as the National Rental Affordability Scheme (NRAS).

Please contact us for information on how we can help your hall/college, university or other student residence.

Analysis and reporting

We can advise your student residence on the market potential for new student residential developments and demand for existing student accommodation. You will gain understanding about your market and confidence to plan for the future.

The Residential College's GST Tool

The Residential colleges GST tool has been developed by the ATO to reduce residential college compliance costs associated with working out the GST outcomes of their sales and acquisitions

An updated version of the GST tool is now available for the 2017-2021 calendar years.

Our Div 129 Calculator is designed to be fully compatible with the ATO's GST Tool.

The Division 129 Calculator

The Division 129 Calculator

Division 129 of the GST Act is the provision that provides for the making of an adjustment where there is a change in the extent of creditable purpose in respect of an acquisition.

The Div-129 Calculator [repares contingent taxation (GST) liability statements to meet your college or university’s reporting obligations to external auditors and/or financiers (under AASB 137: provisions, contingent liabilities and contingent assets).

Division 129 may apply if your where new student residence has been built or modified within the past decade. Please contact us to find out if the Div-129 calculator is right for you.