RMBC » user profile

I understand your comment and agree, however there are always going to be delusion people regardless of what information is or is not…

This is Orwellian overreach, and just not needed. The greatest & easiest way to rebut, refute or disinfect misinformation or disinformation…

From experience, their mattresses are rubbish. We bought two during sales, heavily discounted, and the discounted price felt like it should…

As an accountant and tax agent I make the same offer to all of my clients; if you want to pay less tax, I'll issue you an invoice, you pay…

Fair enough, and sorry for being negative; I just get frustrated when I see people, ostensibly, receiving poor advice. At the end of the…

My interpretation would be that there is an ongoing commitment by the business to provide the vehicle for private use for the…

Per [the…

I'd be really disappointed if anyone in my team gave you the advice you've received. Without knowing specifics, it's not possible to…

Generally any vehicle under the car cost (depreciation) limit that you have business use for is worthwhile. The main benefit of putting it…

They're pretty poor quality, but ok for a little. Certainly didn't live up to the expectations or advertising

Only if you're taking it with you overseas. Strictly speaking, you also can't bring it back into the country, otherwise you need to declare…

As others have mentioned, one of the key things to be aware of is FBT on novated leases. What I have been unable to find above however is…

As a tax agent who deals with all of the software, Xero is by far the simplest, most intuitive and easiest to work with from an integration…

Depends on the drive and board, however it's my understanding that even if you were using only a PCIE 3 board and a reduced bandwidth slot…

Almost certainly unless your computer is really old

Not minimisation, delay. Bucket companies are only useful if you have excess funds as any private use of company money is covered by…

Generally they do, although they're priced in line with their quality. Dremel stuff is definitely over priced though

I do, although primarily because it isn't a particularly slim case

Can't comment on the price, or remember how much I paid directly from Gamesir, however they're great! Feels good in the phone, fits large…

Agree with the sentiments above. Have absolutely no regrets, and has seen us through two kids. One of the pluses was the ease of my petite…

Honestly, no; if you have all information at hand, and arent reliant on others for calculation of the information, it wont matter. The ATO…

The FBT exemptions for utes have been significantly curtailed, however they either arent being treated correctly, or the exemptions that…

That's only true for vehicles classified as cars; most of these utes are not classified as such due to their load carrying capacity vs…

Apologies for the late reply. As far as audits go, it doesn't seem that abnormal; it appears there has been a pattern of larger than usual…

Find a good tax agent and use them. The ATO is much easier to deal with through a tax agent, and the agent will also, hopefully, advise you…

The ATO's review window for non-business individuals and small business entities, regardless of whether they are an individual or…

From experience, I'd suggest $30k of deductions per year on $120k of income would certainly trigger it

Unless the ATO deems that the lodgements are fraudulent, or trigger the anti-avoidance provisions, in which case there are no limits.

[5 Years](https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/records-you-need-to-keep?=Redirected_URL)…

No, it's in the exclusions