Insights - Rogerson Kenny Business Accountants

13 Nov

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Small Business Entities with an aggregated turnover less than $10m

You may be eligible to change your GST accounting method from accruals to cash, therefore not being required to pay GST on debtors. If your small business entity has an...

26 Sep

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Salary Sacrifice Arrangements for Electronic Portable Devices

The digital age is evolving, which means that technology such as laptops, tablets and mobile phones can be carried everywhere. Common items your employees use in their everyday life. As...

15 Mar

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Aerial view of parking lot with rows of parked cars in various colors under warm sunlight.

GST and Depreciation Cost Limits for Motor Vehicles

This article considers the impact on depreciation and GST when purchasing a motor vehicle for your business. As a business owner you may be thinking of purchasing a motor vehicle...

12 Nov

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Wooden blocks with house icons arranged from large to small on a table, representing property planning and housing options.

Downsizer Contributions

From 1 July 2018, Australians aged 65 years of age or older are able to make a $300,000 “downsizer contribution” into their superannuation fund, per person, from the sale proceeds...

07 Sep

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Agency Relationship and GST on Disbursements – Legal Practices

It is common for legal practitioners to seek reimbursement for costs, in addition to the charge for services. However, the GST treatment of such reimbursements depends on the nature of...

06 Jul

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Tax treatment of long-term construction contracts

The Commissioner of Taxation recently released a taxation ruling, TR 2018/3, which provides guidance on reporting profits derived and losses incurred from long-term construction contracts. While the understandings are not...

14 Mar

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Advantages and Disadvantages of Starting Up A Business

Advantages of starting up a business Advantages of starting your own small or medium business can include: - Being your own boss - You can make your own decisions, keep your...

27 Feb

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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...

27 Feb

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A close-up of a person's hands working with financial documents. One hand is holding a pen, and the other is pressing buttons on a calculator. Nearby, there is a checkbook, coins, and notebooks on a wooden table. The scene suggests financial planning or budgeting with the guidance of SMSF Accountants.

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...

30 May

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Three construction workers in a room being renovated. Two of them, wearing hard hats, look at a tablet and smile, possibly discussing plans with their Melbourne Accounting Firm. Meanwhile, the third worker in the background uses a drill on the wall. Tools and building materials are scattered around the workspace.

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....

Insights : Business advice

Latest Business Insights

Small Business Entities with an aggregated turnover less than $10m

Salary Sacrifice Arrangements for Electronic Portable Devices

GST and Depreciation Cost Limits for Motor Vehicles

Downsizer Contributions

Agency Relationship and GST on Disbursements – Legal Practices

Tax treatment of long-term construction contracts

Advantages and Disadvantages of Starting Up A Business

Deductibility of expenditure on a commercial website

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

ATO focusing on repairs vs. improvements

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