RMBC » user profile

Member Since 21/09/2017
Last Seen 9 hours 37 min
Badges 1 2

Recent Activities

My interpretation would be that there is an ongoing commitment by the business to provide the vehicle for private use for the…
19/09/2024 - 08:47
Per [the…
18/09/2024 - 15:55
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…
18/09/2024 - 09:02
Generally any vehicle under the car cost (depreciation) limit that you have business use for is worthwhile. The main benefit of putting it…
18/09/2024 - 08:55
They're pretty poor quality, but ok for a little. Certainly didn't live up to the expectations or advertising
18/09/2024 - 08:35
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…
10/09/2024 - 14:43
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…
09/09/2024 - 08:53
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…
30/08/2024 - 10:13
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…
25/08/2024 - 21:42
Not minimisation, delay. Bucket companies are only useful if you have excess funds as any private use of company money is covered by…
19/07/2024 - 10:57
Generally they do, although they're priced in line with their quality. Dremel stuff is definitely over priced though
12/07/2024 - 18:53
I do, although primarily because it isn't a particularly slim case
12/07/2024 - 15:04
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…
12/07/2024 - 12:26
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…
01/07/2024 - 14:19
Honestly, no; if you have all information at hand, and arent reliant on others for calculation of the information, it wont matter. The ATO…
30/06/2024 - 09:12
The FBT exemptions for utes have been significantly curtailed, however they either arent being treated correctly, or the exemptions that…
22/06/2024 - 08:08
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…
22/06/2024 - 08:05
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…
15/06/2024 - 20:54
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…
12/06/2024 - 12:55
The ATO's review window for non-business individuals and small business entities, regardless of whether they are an individual or…
12/06/2024 - 12:52
From experience, I'd suggest $30k of deductions per year on $120k of income would certainly trigger it
12/06/2024 - 11:57
Unless the ATO deems that the lodgements are fraudulent, or trigger the anti-avoidance provisions, in which case there are no limits.
12/06/2024 - 11:48
[5 Years](https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/records-you-need-to-keep?=Redirected_URL)…
12/06/2024 - 11:45
No, it's in the exclusions
28/05/2024 - 08:57
I bought an Australian one from Amazon on 28/12/2023 for $899; so the pricing isn't that great
23/05/2024 - 14:45
Be aware that there are often timeframes of notification to your insurance company required; failure to do so can result in claims being…
20/05/2024 - 09:18
My guess is that it's because either Apple or Google are adding a cost to it. Likely cheaper to go via the website directly and logging in…
23/04/2024 - 20:05
Sleeping Duck, far more comfortable
16/04/2024 - 18:13
Can do that with the Hue app too, although not sure if the functionality extends as far as the paid options
19/03/2024 - 10:33
Loading...