Here at Richwood we work closely with BMT Tax Depreciation to ensure that every deduction is maximised. Following is an article written...

Please note that this article is superseded as of 16 February 2023 and applies up to 30 June 2022. For up to date information, see our...

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,...

Before you look at what self-education expenses include, you first need to consider if you are actually eligible to claim them....

A Few Quick Facts: The expenses that are deductible in relation to uniforms are the cost of obtaining the uniform (either purchasing it,...

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...

Have your friends ever boasted that they claimed their gym membership fees on their tax return, which helped them get that amazing...

Client Relationship Management (CRM) Check out Insightly and Exsalerate, both reviewed highly. Filing and Data Entry Hubdoc is our...

In manufacturing and retail, tracking raw materials to completed products, cost per item, and inventory levels are all critical aspects...

In trades like maintenance and plumbing, scheduling software makes all the difference allowing you to respond efficiently and effectively...

For businesses in the automotive industry, keeping all the important information about how many kms a vehicle has done, the history of...

As a small business owner, finding the right work-life balance can be hard. There are many responsibilities to consider and work through...

On Tuesday morning, without much fan fare, the extension of Single Touch Payroll Reporting to include employers with 1 – 19 employees...

Scammers calling, messaging or emailing claiming to be from the Australian Taxation Office are no new thing. They have been known to take...

The ATO allows employers to pay super for their employees through the Small Business Super Clearing House (or #SBSCH). We have recently...

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...

The 2018 Federal Budget was announced a month ago today. Your guide to what the ugdet means for individuals next year and beyond. The...

In a move that's given small business owners a breath of relief, the federal government has extended the immediate write-off for assets...

Confused by the federal budget? Let us shine some light on the key proposals with tax implications in less than 500 words. Individuals: A...

A payroll reporting change. What it means for businesses and individuals. WHAT IS STPR? Single Touch Payroll is a reporting change for...