by Ben Smith | Nov 23, 2021 | Accounting & Audit, Business Intel, Financial Planning, SMSF Specialists, Tax & Estate Planning
Over the next four weeks starting 25th November onwards, MYOB products will be undergoing upgrades to transition to the New Essentials platform. This upgrade includes features such as Connected Ledger, Connected ledger + payroll, Essentials Accounting Starter,...
by Ben Smith | Sep 29, 2021 | Accounting & Audit, Business Intel, Financial Planning, SMSF Specialists, Tax & Estate Planning
Last updated 23 September, 2021 Clients, please be aware all MYOB products are currently incompatible with the soon to be released Microsoft Windows Server 2022, Windows 11 and Office 2021 software. If you run MYOB products on your computer and server systems, it is...
by Ben Smith | Sep 24, 2021 | Accounting & Audit, Business Intel, Financial Planning, SMSF Specialists, Tax & Estate Planning
Congratulations to Katie Kelly having returned from the Tokyo Paralympics in August, 2021, coming in at an impressive 6th place! Katie is a client of R&M, Paralympic Gold Medallist (Rio de Jeneiro 2016), 2 x times World Champion, and Founder of Sport Access...
by Ben Smith | Sep 19, 2021 | SMSF Specialists
17 September 2021 Employers beware, from 1 November 2021, if you’re hiring new employees, there may be an extra step involved in determining which super fund employee contributions need to be paid into. Currently, when a new employee starts a new job, they are...
by Ben Smith | Sep 3, 2021 | Accounting & Audit, SMSF Specialists
27 August 2021 Individuals who exceed the high income threshold of $250,000 may be subject to Div 293 tax on their concessional super contributions. In effect, this tax means the effective contributions tax on concessional contributions doubles from 15% to 30% for...
by Ben Smith | Sep 3, 2021 | Financial Planning, SMSF Specialists
3 September 2021 2021 marks the beginning of annual APRA performance tests on MySuper products. The requirement was introduced as part of the government’s Your Future, Your Super reforms and is aimed at holding funds to account for underperformance and enhancing...
