by Ben Smith | Dec 14, 2023 | Accounting & Audit, Featured
If your accountant reminds you to pay your superannuation (super) obligations on time, there is good reason for that. The introduction of single touch payroll (STP) has made it very easy for the ATO to monitor employer’s activities. There has been a lot of audit...
by Ben Smith | Dec 14, 2023 | Accounting & Audit, Featured
The Australian Taxation Office (ATO) is increasing scrutiny on rental property claims, targeting accuracy and compliance in the upcoming tax season. Recent audits revealed errors in 90% of returns, therefore the ATO has employed a data-matching protocol with mortgage...
by Ben Smith | Nov 22, 2023 | Accounting & Audit, Featured
Client-to-agent linking now applies to all entity types with an ABN (excluding sole traders). This was implemented on the 13 November and includes entity types such as companies, trusts, partnerships, superannuation funds and not-for-profits. Client-to-agent linking...
by Ben Smith | Nov 22, 2023 | Accounting & Audit, Featured
Maximising Your Investment: The Importance of a Tax Depreciation Schedule for Your Rental Property Investing in a rental property is often a smart financial move, but it’s essential to take advantage of every opportunity to maximise your returns. One...
by Ben Smith | Oct 18, 2023 | Accounting & Audit, Featured
Bernadette Garratt, one of our amazing Business Services Partners, recently reached a special milestone. September marked her 20 years as a Partner of Roberts + Morrow. Well done Bernie on an amazing achievement. We thank you for your hard work and dedication to the...
by Ben Smith | Oct 18, 2023 | Accounting & Audit, Featured
The temporary full expensing rules, which provided an immediate deduction for the full cost of assets acquired from 6 October 2020, ended on 30 June 2023. While the instant asset write-off threshold was due to drop back to $1,000 from 1 July 2023, the Government has...
