Articles

February 27, 2017

Uber drivers must register for GST

In Uber B.V. v FC of T, the Federal Court has held that services provided by an Uber driver constituted a supply of “taxi travel” for GST purposes. Accordingly, the driver was required to be registered for GST. Facts: The applicant applied for a declaration that one of its drivers did not supply “taxi travel” […]

Read more
February 27, 2017

Deductibility of expenditure on a commercial website

The ATO has released a public taxation ruling covering the ATO’s views on the deductibility of expenditure incurred in acquiring, developing, maintaining or modifying a website for use in the carrying on of a business. Importantly, if the expenditure is incurred in maintaining a website, it would be considered ‘revenue’ in nature, and therefore generally […]

Read more
February 27, 2017

Can a UPE be written off and claimed as a bad debt?

‘UPE’ (or ‘unpaid present entitlement’) arises where a trust makes a beneficiary entitled to an amount of the trust’s income (and therefore the beneficiary may have to pay tax on their share of the trust’s taxable income that year), but that amount has not been physically paid to the beneficiary. If the beneficiary never receives […]

Read more
January 30, 2017

Leased properties were still ‘new residential premises’

The AAT has held that GST applied to the disposal of four properties that had been built, leased and then sold. GST does not ordinarily apply to sale of residential premises unless they are ‘new residential premises’. However, there is a special rule in the GST law that states that a newly constructed property will […]

Read more
May 30, 2016

ATO focusing on repairs vs. improvements

The Australian Taxation Office is paying particular attention to claims that investment property owners make for repairs to rental properties. All clients should note repairs are deductible, improvements are not. Though improvements may add to the cost base. There are many examples of case law to assist in differentiating between repairs and improvements and the […]

Read more
April 27, 2015

Mark Rogerson asks a few simple questions about your business

How many of these questions can you confidently answer about your business? READ THE TRANSCRIPTION BELOW: Mark Rogerson here. I’m going to ask you some questions as a business owner that you should know the answer to. If not, why not? Okay, what’s your profit this year versus last year? What about your sales, are […]

Read more
April 22, 2015

Business Finance 101: Claiming GST Credit

At Rogerson Kenny Business Accountants, we’ve put together a slideshow to explain the regulations surrounding tax invoice compliance for businesses. You can click through the slideshare, or scroll down to read a transcription below. BUSINESS FINANCE 101: CLAIMING GST CREDITS Are you registered for GST? In that case it is likely that you are eligible […]

Read more
April 7, 2015

5 reasons to adopt cloud technology for your accounting

Are you yet to embrace cloud accounting for your business? At Rogerson Kenny we’ve seen, time and time again, how cloud accounting has improved our clients’ business practices. Today we share our top five reasons why you should move your accounting to the cloud. REAL-TIME OVERVIEW OF YOUR FINANCES As a business owner you make […]

Read more
March 13, 2015

GST treatment of luxury cars in your business

Many of our clients purchase a motor vehicle through their business. Understanding how the GST process works, will ensure you make the correct decision and understand how this purchase will affect your business when tax time rolls around. BUYING A CAR THROUGH YOUR BUSINESS Business owners looking at purchasing a new car that costs more […]

Read more
September 22, 2014

Checklists and Hints for Purchasing a Business

Making the decision to purchase a business is a big one, and making sure you purchase the right business for you is absolutely crucial. There are a number of questions you need to ask, and decisions you need to make to ensure that you know everything about the business you’re buying before you make the […]

Read more

Contact

Suite 13, 241 Blackburn Road Mount Waverley VIC 3149

Phone: (03) 9802 2533

Fax: (03) 9802 0590

Postal Address: PO Box 323, Mount Waverley, Victoria 3149

Email: mail@rogersonkenny.com.au

ABN: 29 545 604 022