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Timothy Edwards

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Timothy Edwards, AAT

Member Since 2010

TAS

 

I run a single-person mobile operation as a BAS agent, business admin support and technical accounting contractor. I also act as a tax consultant and complete tax returns under a negotiated mentorship. 

 

His plans for 2013 include travelling and surfing more, finishing his Advanced Diploma of Accounting and “enjoying my life and the people who enjoy it with me” says mobile bookkeeper Tim Edwards

What made you choose bookkeeping as a career?

I was always helping people with money, from business finance and admin to simple tax questions. Living on a very low income inevitably teaches you to budget well, so I am very good with money! One day a friend piped up and said, “You know, people get paid really well for what you’re doing for free”. I enrolled at the Tasmanian Polytechnic the very next semester, started an Advanced Diploma of Accounting and began operating a bookkeeping business at the same time.

Tell us about your present role

I run a single-person mobile operation as a BAS agent, business admin support and technical accounting contractor. I also act as a tax consultant and complete tax returns under a negotiated mentorship.

What career path led you there?

LOL! I was very poor for a long time, mainly because I was travelling – but I had a lot of fun! I had a huge variety of short-term jobs: bottle-shop attendant, storeman, cleaner, kitchen hand, labourer ...
I also spent a lot of time helping my mum with the bookkeeping and administration for our family business; they manufacture, supply (wholesale and retail) and install skylights and roof windows, as well as doing roofing and general small-scale construction. I worked for them over a period of about 12 years.
Then I started my business and, similar to my employment ‘on the road’, I’ve worked with a diverse range of clients: builders, flower shops, bookkeeping firms, architects and more.

What other professional/personal development plans do you have?

I want to complete training to become a tax agent and public accountant, either through the CPA training program or a Master of Commerce through the IPA.
On a personal note, I want to continue to be a great parent to my two children, and also rediscover my ‘tweenie’ passion of surfing.

What further career ambitions do you have?

To gain entry to training to become an accountant, I need to get some work experience with an accounting firm. Given the business environment in Tasmania, I imagine I’ll have to leave to find a placement.

When and why did you join AAT Australia?

I joined when the Tax Practitioners Board announced the regulations for BAS agents; it has been an invaluable asset to me as a single-person operator. It can be hard when you’re relying on yourself without someone to bounce ideas off. I have drawn on the resources and knowledge base of the Association on many occasions.  
The access to affordable PI Insurance was invaluable too. 
The recent Counting the Numbers roadshow was excellent. If the standard is this high, then I will definitely be attending more events in the future.

What are some of your favourite things?

My favourite food is beer – yes, it is a food! And my favourite sport is surfing: it’s a primordial challenge, a feeling of freedom, a chance to learn, a game of strategy – and very, very humbling. My favourite quotations are “It just is” and “Work to live, not live to work” (that’s why people need bookkeepers!).

Could you tell us a little more about yourself?

My family is my almost-wife Madelaine (we’ve been engaged for two years; she’s the ONE), one-year-old son Thomas, 15-year-old daughter Jedda, the lazy black cat Pepper, the neurotic black labrador-staffy Lola and a menagerie of possums, birds, rabbits and insects at the house we live in at South Arm, Tasmania.
My interests include politics, surfing, bushwalking, mountain biking, share trading, and weather, and I’m treasurer of the Wilderness Society of Tasmania, a volunteer for Parks & Wildlife and recently resigned as secretary and captain of Derwent Cricket Club (babies are hard work!).

 

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What further career ambitions do you have?

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