by jocelyn.berry@rm.net.au | Apr 26, 2023 | Accounting & Audit, Featured
The Australian Taxation Office (ATO) has announced changes to their fixed rate method for claiming work from home expenses, effective from the 2022-23 income year. The new fixed rate per hour has increased from 52 cents to 67 cents, and the temporary COVID rate will...
by jocelyn.berry@rm.net.au | Mar 22, 2023 | Accounting & Audit, Featured
No one wants a surprise when it comes to their tax obligations! With the March BAS soon to be prepared it is an appropriate time to talk to your accountant about year-to-date results and look at long term opportunities. Reduce tax liability: One of the primary reasons...
by Ben Smith | May 18, 2022 | Accounting & Audit, Business Intel, Financial Planning, SMSF Specialists, Tax & Estate Planning
There have been some important changes to MYOB subscription payments. Up until this point, Roberts & Morrow have managed your subscription (practice pays) however we are streamlining the MYOB process and arranging subscription payments...
by Ben Smith | Apr 20, 2022 | Accounting & Audit, Business Intel, Featured, SMSF Specialists
Two landmark cases before the High Court highlighted the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes. Many business owners assume that they will not be responsible for PAYG withholding,...
by Ben Smith | Mar 16, 2022 | Accounting & Audit, Financial Planning, Tax & Estate Planning
Farmers & Primary producers hit by storms and floods in NSW can access $15,000 immediately, through grants of up $75,000, as part of the jointly funded Commonwealth-State Disaster Recovery Funding Arrangements. Grants are now available for eligible primary...
by Ben Smith | Mar 16, 2022 | Accounting & Audit, Financial Planning, Tax & Estate Planning
Small businesses and not-for-profit organisations affected by the floods in parts of Queensland and NSW will have more time to lodge their business activity statements and instalment notices with an original due date of 28 February 2022 or 21 March 2022. Those...