Insights - Rogerson Kenny Business Accountants

16 May

A red neon sign displays the word "TAX" in capital letters. Captured in a slightly dim environment, a reflection dances on the glass while trees and power lines loom in the background, evoking a call for expert Tax Advice amidst urban life.

Key strategies to reduce tax in your business

Key Strategies to Reduce Tax in Your Business for 2024 Legally minimising tax obligations for your business and through your wider business structure group/family structure is something that every business...

12 Nov

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A person seated at a wooden desk, resembling the typical setup of business advisors, is using a smartphone. The desk also has a laptop, desktop computer, speakers, and potted plant. Another person stands nearby holding a tablet. Both in white shirts and dark pants, the scene is well-lit by natural light.

How to set up your Director ID

Directors are now required to register for a unique identification number that they will keep for life. If you are already a Director, this needs to be applied for by...

03 Nov

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A smartphone screen displays the myGovID app login page by the Australian Government. The screen has fields for entering a password and buttons labeled "Login" and "I forgot my password." Ideal for a Tax Accountant or anyone seeking tax advice, the background is dark green.

Director ID Numbers: Here’s everything you need to know!

Australian company directors are now required to register for a unique identification number that they will keep for life, much like a tax file number. The Director Identification Number (DIN) will...

06 Oct

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A person sits on a sofa with a laptop, holding a phone and writing on documents spread on a table. The background features a blue sofa with yellow cushions and a mug beside the laptop, possibly discussing tax advice or working with SMSF accountants to finalize reports.

What happens to your superannuation when you die?

Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. When you die, it does not automatically form part of your...

14 Sep

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Two colleagues sit at a table in a modern office. One person, wearing glasses and a white shirt, gestures while speaking. The other, a blonde individual in a dark outfit, smiles while holding a highlighter. A laptop and smartphone are on the table, emblematic tools for skilled Business Accountants at this Melbourne Accounting Firm.

The New Lifetime Director ID’s

Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers

14 Sep

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A blonde woman in a navy blue blouse sits at an office desk with a laptop, resting her face on her hand and appearing thoughtful. She is in a modern office setting with glass walls and minimalistic decor, reflecting the professional environment of a Melbourne accounting firm.

Your SMSF: when expenses and investments are not at arm’s length

We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions

13 Sep

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Large wooden letters spelling "tax" are balanced on stacks of coins. To the right, a red stamp with the text "FACT CHECKED" and a checkmark is prominently displayed. The background is dark, providing a stark contrast to the wooden letters and the red stamp, reminiscent of a Melbourne Accounting Firm's office decor.

Am I taxed on an insurance payout?

Australia has had its fair share of disasters over the last few years – drought, bushfires and floods – that have ramped up the volume of insurance claims. Most people would assume that if and when

04 May

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The New Lifetime Director ID’s

Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers....

01 Apr

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A person in a suit holds a tablet displaying a hologram with the text "PROFESSIONAL SERVICE" surrounded by various data charts, graphs, and global icons. The blurred office background suggests a modern and professional business environment where SMSF Accountants deliver their expertise.

ATO targets profits of professional service firms

The Australian Taxation Office (ATO) has been concerned for some time about how many professional services firms are structured – specifically, professional practices such as lawyers, architects, medical practices, engineers,...

11 Jan

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A pair of glasses, a pen, and a calculator lie on top of a financial document. A note with the text "CAPITAL GAINS TAX" is prominently placed on the document, highlighting the crucial work of business accountants in navigating these complex matters.

Small Business Capital Gains Tax Concessions

As a small business owner, it is important you are aware of the CGT concessions available to you when you sell your business. These concessions can be generous and result...

Insights : Business advice

Latest Business Insights

Key strategies to reduce tax in your business

How to set up your Director ID

Director ID Numbers: Here’s everything you need to know!

What happens to your superannuation when you die?

The New Lifetime Director ID’s

Your SMSF: when expenses and investments are not at arm’s length

Am I taxed on an insurance payout?

The New Lifetime Director ID’s

ATO targets profits of professional service firms

Small Business Capital Gains Tax Concessions

Buying a Business: Your essential guide.

We've created this valuable 10 step checklist to guide you through the initial stages of assessing a potential business opportunity