Richwood Accountants
WAYS YOUR BUSINESS IS WASTING YOUR MONEY: Not Paying Super on Time
As a business owner, there are multiple ways you are wasting money by not paying superannuation on time. Before we get into it, we’ll...
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Richwood Accountants
- May 13
- 3 min
Depreciation for Commercial Investment Properties
Here at Richwood we work closely with BMT Tax Depreciation to ensure that every deduction is maximised. Following is an article written...
Richwood Accountants
- Apr 1
- 3 min
2022 Federal Budget Highlights
Individuals Increase to LMITO It’s been an expensive year as the cost of living has skyrocketed, with rent prices rising, the cost of...
Richwood Accountants
- Mar 18
- 5 min
Introduction to Depreciation for Investment Properties
Here at Richwood we work closely with BMT Tax Depreciation to ensure that every deduction is maximised. Following is an article written...
Richwood Accountants
- Jan 28
- 4 min
Can I claim work from home expenses?
Working from home has become a reality for a lot of people, especially with the current Covid-19 pandemic. When it comes to preparing...
Richwood Accountants
- Oct 28, 2021
- 2 min
What can I claim without receipts?
Let’s be real about things, we all forget to hold on to our receipts. So, is there anything we can claim without receipts? Thankfully,...
Richwood Accountants
- Aug 27, 2021
- 5 min
Can I claim self-education expenses?
Before you look at what self-education expenses include, you first need to consider if you are actually eligible to claim them....
Richwood Accountants
- Aug 19, 2021
- 4 min
Can I claim work related clothing expenses?
A Few Quick Facts: The expenses that are deductible in relation to uniforms are the cost of obtaining the uniform (either purchasing it,...
Richwood Accountants
- Jul 28, 2021
- 2 min
Can I claim driving to work?
A lot of people seem to think they can claim the kilometers they travel from home to work and home again. However, just going to work...
Richwood Accountants
- Jul 19, 2021
- 2 min
Can I claim gym membership fees?
Have your friends ever boasted that they claimed their gym membership fees on their tax return, which helped them get that amazing...
Richwood Accountants
- May 20, 2021
- 2 min
Other types of software for all businesses
Client Relationship Management (CRM) Check out Insightly and Exsalerate, both reviewed highly. Filing and Data Entry Hubdoc is our...
Richwood Accountants
- May 13, 2021
- 1 min
Manufacturing and Retail Software
In manufacturing and retail, tracking raw materials to completed products, cost per item, and inventory levels are all critical aspects...
Richwood Accountants
- May 6, 2021
- 1 min
Construction & Trades Software
In trades like maintenance and plumbing, scheduling software makes all the difference allowing you to respond efficiently and effectively...
Richwood Accountants
- Apr 29, 2021
- 1 min
Automotive Industry Software
For businesses in the automotive industry, keeping all the important information about how many kms a vehicle has done, the history of...
Richwood Accountants
- Apr 23, 2021
- 1 min
Considering software for your business
As a small business owner, finding the right work-life balance can be hard. There are many responsibilities to consider and work through...
Richwood Accountants
- Feb 14, 2019
- 3 min
Single Touch Payroll
On Tuesday morning, without much fan fare, the extension of Single Touch Payroll Reporting to include employers with 1 – 19 employees...
Richwood Accountants
- Nov 1, 2018
- 1 min
ATO Scams... Watch Out!
Scammers calling, messaging or emailing claiming to be from the Australian Taxation Office are no new thing. They have been known to take...
Richwood Accountants
- Oct 17, 2018
- 1 min
Paying Superannuation - the SBSCH
The ATO allows employers to pay super for their employees through the Small Business Super Clearing House (or #SBSCH). We have recently...
Richwood Accountants
- Jul 2, 2018
- 1 min
Happy New Year!!
The 2019 Financial Year has begun, and from all of us at Richwood Accountants we hope it is your best year yet. That also means its just...
Richwood Accountants
- Jun 9, 2018
- 2 min
Times are a-changin'
The 2018 Federal Budget was announced a month ago today. Your guide to what the ugdet means for individuals next year and beyond. The...