Nick Farr

Director - Brisbane

Nick Farr is a Director in our Business Advisory division, based in Brisbane.

Nick works with privately owned businesses, high-net-worth families and foreign-owned enterprises, helping them navigate complex tax issues, strengthen their structures and make informed decisions about growth and succession.

Nick specialises in taxation, business structuring and restructuring, succession planning and strategic advisory, with particular experience across the real estate and construction sector and the mining industry. His approach is practical and commercially focused, with an emphasis on explaining complex issues clearly and developing solutions that can be implemented effectively.

His clients value his ability to resolve longstanding tax and trust issues, explain the available options and provide a clear path forward.

"I enjoy helping clients navigate complex issues and finding practical solutions that work for them and their business. Good advice should make the next decision easier, not more complicated.”

Nick regularly assists foreign-owned businesses in establishing and scaling their Australian operations, providing coordinated support across their tax, accounting and compliance requirements.

Nick is motivated by solving complex problems, building long-term client relationships and seeing the practical impact that sound advice can have on a business and its owners. He also enjoys mentoring team members and supporting their development.

Outside of work, Nick enjoys travelling and exploring new destinations. Whether it is a city break, a remote national park or a multi-day hike, he is usually planning his next trip.

Solutions nick Farr provides

Nick provides expert knowledge in the following areas:

• Accounting and tax
• Business structuring and restructuring
• Complex tax solutions
• Division 7A and unpaid present entitlements
• Tax planning and capital gains tax concessions
• Tax outcomes of employee share schemes
• Tax audit preparation and management
• Succession and estate planning
• Family office establishment and restructuring
• Australian establishment and tax compliance for foreign-owned businesses
• Cash flow, budgeting and accounting software advice
• Private client and SMSF advice

significant Projects

• Advised on the restructure of $50 million in legacy pre-2009 Division 7A and unpaid present entitlement exposures.
• Structured a solution to unwind the impact of an interposed entity election inherited through a business acquisition, ensuring the new owners were not left with the ongoing consequences of an earlier decision.
• Assisted numerous foreign-owned businesses in establishing and scaling their Australian operations, coordinating tax, accounting and compliance support to provide a practical foundation for growth.

Associations

• Member, Chartered Accountants Australia and New Zealand (CAANZ)
• Member, The Tax Institute

Qualifications

• Bachelor of Commerce (Accountancy), The University of Queensland
• Bachelor of Business Management (International Business), The University of Queensland