by sarah.leslie@rm.net.au | Oct 26, 2026 | Accounting & Audit, Everyone, Featured, Uncategorised
Changes to Capital Gains Tax (CGT) are coming from 1 July 2027 and may affect the tax you pay when selling investments and other assets. Under the new rules, the current 50% CGT discount will be replaced with cost base indexation for gains accruing from 1 July 2027. A...
by sarah.leslie@rm.net.au | Sep 24, 2026 | Everyone, Featured, Legal Services, Uncategorised
The draft legislation introducing a minimum tax on discretionary trusts has sparked strong concern across the accounting and legal professions. The fear is that this change will push Australia’s tax system from overly complicated to outrageously unwieldy. Trustees...
by sarah.leslie@rm.net.au | Sep 24, 2026 | Everyone, Featured, Legal Services, Uncategorised
The minimum tax on discretionary trusts will likely have unintended legal consequences, particularly around estate planning, succession planning and asset protection. Eroded asset protection Discretionary trusts are excellent structures for asset protection. Assets...
by sarah.leslie@rm.net.au | Sep 11, 2026 | Accounting & Audit, Everyone, Featured, Uncategorised
If you’re a Xero user, you may have started to notice a new helper popping up in your account. Meet JAX (short for “Just Ask Xero”), Xero’s built-in AI finance assistant, and it’s designed to take some of the everyday admin off your...
by sarah.leslie@rm.net.au | Aug 31, 2026 | Everyone, Featured, News, Uncategorised
R+M was proud to support the Armidale Vinnies Community Sleepout recently, with Cameron Cowley taking part in the event to help raise awareness and funds for people experiencing homelessness. While homelessness is often thought of as a metropolitan issue, many people...
by sarah.leslie@rm.net.au | Aug 26, 2026 | Accounting & Audit, Everyone, Featured, Uncategorised
Tax Time 2027: Understanding the New $1,000 work related deduction, and why it’s important to understand it early. Standard deduction for work-related expenses | Australian Taxation Office From 1 July 2026, a new standard deduction will be introduced of up to $1,000...
