Blog
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...
Changes to the SME recovery loan scheme
As the omicron wave hits large parts of the country, many small to medium businesses may be feeling the pain. If your small to medium business is in need of some financial support, there is still time to apply for the government’s SME Recovery Loan Scheme. The end...
IP insurance in super: beware of offsets
Insurance within super is usually the most cost effective way for an individual to cover themselves in the event of a mishap. Most super funds typically offer three types of insurance for their members consisting of life cover, total and permanent disability (TPD) and...
Support for your business in difficult times
Australian Government Taxation Office - Article found here 7 January 2022 The Australian Government have a range of support available for small businesses experiencing difficult situations, such as natural disasters, mental health challenges or financial hardship....
Future direction of the ATO
The Commissioner of Taxation, Chris Jordan, spoke recently at a conference about what’s in store for the ATO including upcoming changes, transformations, aspirations for the future, as well as support for small businesses. According to Commissioner Jordan, the main...
Changes to Superannuation for the 2022 Financial Year
Contribution caps Good news for anyone wishing to contribute more to super: from 1 July 2021, the concessional contribution cap increased from $25,000 to $27,500. The non-concessional cap increased from $100,000 to $110,000 following indexation is the first increase...
NSW remote witnessing provisions extended indefinitely
By Karina Waite & the Legal Services Team Back in April 2020, temporary measures were introduced in NSW that permitted the remote witnessing of legal documents over audio-visual link (AVL), such as by Skype, FaceTime, Zoom and Microsoft Teams. Witnessing of legal...
R&M Christmas Message
Merry Christmas to all our valued clients, suppliers and communities! As we enter the holiday period and begin to look ahead to 2022, our Partners and staff want to extend a sincere thank you for your support throughout 2021. The coronavirus pandemic has presented...
Building delays may cost you in more ways than one
Most of Australia has been experiencing a building boom fuelled by government policy such as the HomeBuilder scheme and a general desire to improve our living spaces as we spend more time working, educating, and living at home. However, with global supply chains and...
Are cryptocurrency losses from scams deductible?
As investing in cryptocurrency becomes more prevalent in Australia, there is also a corresponding increase in scams being reported. Scamwatch, a part of the ACCC (Australian Competition and Consumer Commission), estimates that Australians lost over $70m in...
Roberts & Morrow turns 70!
On 1 September 1951, Don Roberts and Keith Crichton took over as principals of a small local Armidale Firm called HG Uther & Co, renaming it Crichton Roberts & Co. Jack Morrow was then admitted as a partner in 1954. When Keith Crichton retired in 1957 the...
Up and coming super changes
Recently, several significant super changes have been introduced into Parliament as a part of the government’s plan to enhance excellent outcomes for Australians. If passed, the changes will allow individuals aged 67-75 to make non-concessional contributions and...