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Introducing our Brisbane Team!

Introducing our Brisbane Team!

It’s a big year for R&M, and we’re celebrating 70 years in business and the opening of our newest office in Brisbane! We want to introduce our Brisbane team! From left: Jake Curran, Steven Tanner (Manager), Sam Williams, Elisabeth Lang, Jason Simmonds (Partner),...

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COVID-19 tests may be deductible?

COVID-19 tests may be deductible?

The government has proposed to make COVID-19 tests, both rapid antigen and polymerase chain reaction tests, tax deductible for individuals where they are purchased for a work-related purpose. It has also proposed to make the costs of these tests exempt from FBT for...

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The 2022 Small Business Support Program

The 2022 Small Business Support Program

The 2022 Small Business Support Program is designed to help businesses survive the immediate impact of the Omicron COVID-19 strain. It is for the month of February 2022 only. Eligible employing businesses and not-for-profit organisations will receive 20% of their...

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Extension to temporary full expensing measures for businesses

Extension to temporary full expensing measures for businesses

Federal Parliament has passed legislation to extend the temporary full expensing measure introduced in the 2020-21 budget by a further 12 months. Rather than ending on 30 June 2022, eligible businesses will now be able to take advantage of the incentive until 30 June...

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Improvements to the superannuation system

Improvements to the superannuation system

Federal Parliament has recently passed legislation that will implement a number of measures which will improve the flexibility and equity of the superannuation system, assist first home buyers, and also reduce costs and complexity for self-managed superannuation...

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Need more money in retirement?

Need more money in retirement?

If you’re a retiree and the current rise in cost of living and inflationary pressures are starting to bite, don’t turn to high interest loans, if you meet certain eligibility criteria, you may be able to access the Home Equity Access Scheme (previously known as the...

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Tax debts may affect business credit score

Tax debts may affect business credit score

If your business has had issues paying your tax debt due to the ongoing effects and uncertainty surrounding the COVID-19 pandemic, remember that the best option is to engage with the ATO to manage those debts. Failure to get in touch with the ATO to come to an...

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SMSFs investing in crypto-assets

SMSFs investing in crypto-assets

Current record low deposit rates and volatility in stock markets around the world has motivated many retirees to seek alternative asset classes to either protect their investments or get a higher return. In conjunction with these sentiments, there has been a...

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COVID-19 vaccination rewards: tax implications

COVID-19 vaccination rewards: tax implications

With most of Australia and the world still in the grips of the COVID-19 pandemic, many businesses, both public and private, are offering rewards and incentives for their employees to get vaccinated and/or get the booster dose. Depending on the type of reward or...

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NSW Business Support Package 2022

NSW Business Support Package 2022

On Sunday, the NSW Government announced a $1bn business support package including: The Small Business Support Package The NSW Small Business Support package provides eligible employing businesses with a lump sum payment of 20% of weekly payroll, up to a...

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Why do you need a Strong myGovID?

Why do you need a Strong myGovID?

10 January 2022 Author: Australian Government. Article can be found here. To access government online services on behalf of a business or entity, you need a myGovID. Your myGovID is your digital identity for government services. Strong identity strength with face...

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