Blog
RMT training with Chris Weber
The RMT Management Team recently met with Local Government Procurement expert Chris Weber to explore what RMT can better do to service our Local Government clients! The team looked at Local Government sustainability, governance and procurement, gaining a deeper...
Accounting is about more than just compliance…
In a highly regulated business environment such as Australia, a huge portion of the accounting industry is dedicated to fulfilling compliance obligations. Unfortunately, this can distract many organisations from another equally important purpose of accounting: helping...
Buying a home in NSW with as little as 2% deposit
The NSW Shared Equity Scheme starts on 23 January 2022 and aims to make home ownership more achievable for single parents, older singles (50+) and key workers. If home buyers are eligible, the NSW Government will buy an ownership share in the property of up to 40% for...
Team members of the year 2022
At Roberts + Morrow, we value and appreciate our team and like to acknowledge team members who go above and beyond. Each year, all staff on our team nominate someone for ‘Employee of the Year’ who they think has exceeded their role and displays our values of energy,...
Are you aware of your super obligations?
Superannuation guarantee (SG) is the minimum amount you must pay to avoid the super guarantee charge. Super guarantee is 10.5% of an employee’s ordinary time earnings. Super must be paid at least quarterly for your employees by the due date, as set out below: Quarter...
RMT returns to the Hunter!
We are excited to announce that RMT have opened another office located in Maitland NSW. Technically they never left, but at the beginning of lockdowns in NSW, the team had to close their old Hunter office and move to remote working arrangements. However with the...
NSW First home buyer property tax
As of Saturday 12 November 2022 first home buyers can opt in to pay an annual property tax rather than stamp duty when buying their first home. The Bill to introduce this measure has completed its passage through NSW parliament and received assent on Friday 11...
Single Touch Payroll Phase 2
Is your business ready for Single Touch Payroll (STP) Phase 2 starting 1 January 2023? Phase 2 of the rollout will help reduce reporting burden for employers who need to report information about their employees to multiple government agencies. STP Phase 2 is only...
5 rules for record-keeping
You should ensure that you understand what records are needed for your business and make accurate and complete record-keeping practices a part of your daily business activities. Talk to your tax adviser about what records your business needs to keep and for how long....
Claiming a tax deduction for motor vehicle and fuel expenses
As a business owner you can claim a tax deduction for expenses for motor vehicles, including fuel. The Government has put together this information for the 2022-23 financial year. MOTOR VEHICLES From 1 July 2022, the following car threshold amounts apply for the...
A guide to staying compliant with super rate increases: MYOB & Xero
From 1 July 2022, the base SGC rate increases from 10% to 10.5%, and the $450 minimum monthly earning threshold is removed. This means all payments are subject to superannuation for all eligible employees. For our clients, this might mean you may need manually update...
Updates to Commonwealth Seniors Health Card to help ease living costs
The Government has recently announced an additional 50,000 older Australians will be eligible for a Commonwealth Seniors Health Card from 1 July 2022. The income test for access to a Commonwealth Seniors Health Card will increase to $90,000 yearly for singles (up from...