RA Advisory Business Accountants

28/09/2026

🏆 Celebrating Our Employees of the Month!

At RA Advisory, we believe great work deserves to be recognised and celebrated. 🌟

A big congratulations to our July Employee of the Month, Bhavya Sukhija, and our August Employee of the Month, Vanshika Garg! 🎉

Your dedication, willingness to learn, and consistent contribution make a real difference to our team. We truly appreciate your hard work and the positive impact you bring to RA Advisory.

👏 Congratulations, Bhavya and Vanshika! Keep up the great work!

28/09/2026

Discretionary trusts, often referred to as family trusts, have been a popular structure for Australian families and businesses for many decades. They are commonly used to operate family businesses, hold investments, and assist with succession planning. Their flexibility, together with asset protection and estate planning benefits, has made them an attractive option for many groups.

Read more: https://raadvisory.com.au/news/discretionary-trusts-and-the-proposed-30-minimum-tax/

Discretionary trusts and the proposed 30% minimum tax   Discretionary trusts, often referred to as family trusts, have been a popular structure for Australian families and businesses for many decades. They are commonly used to operate family businesses, hold investments and assist with succession p...

21/09/2026

From 1 July 2026, the value of a Commonwealth penalty unit increased from $330 to $364. While this may sound like a minor administrative change, it has a direct impact on many ATO penalties, increasing the cost of a range of compliance failures.

Read more: https://raadvisory.com.au/news/penalty-units-increase-from-1-july-2026/

Penalty units increase from 1 July 2026   From 1 July 2026, the value of a Commonwealth penalty unit increased from $330 to $364. While this may sound like a minor administrative change, it has a direct impact on many ATO penalties, increasing the cost of a range of compliance failures. A penalty u...

15/09/2026

Clear advice. Practical solutions. Better outcomes.

We’re always happy to hear when our work has made a real difference for a client.

Joshua shared his experience with RA Advisory and highlighted how our team made the process easy, explained everything clearly, and helped identify opportunities that saved his healthcare business money.

Thank you, Joshua, for taking the time to share your experience and for recommending RA Advisory. We truly appreciate your trust and support. 🙏

14/09/2026

If you had to pay super for independent contractors before, you’ll continue to do so under Payday Super.

Payday Super changes when super must be paid, not who is eligible to receive it. This includes independent contractors.

Read more: https://raadvisory.com.au/news/paying-super-for-independent-contactors/

Paying super for independent contractors If you had to pay super for independent contractors before, you’ll continue to do so under Payday Super. Payday Super changes when super must be paid, not who is eligible to receive it. This includes independent contractors. If your business engages indepen...

14/09/2026

If you receive payments to provide services such as healthcare, disability support or childcare under a Commonwealth program, you need to:

- keep accurate records
- report all Government Payments Program (GPP) income you receive at the correct label of your tax return
lodge and pay your tax in full and on time to avoid penalties, interest charges and firmer actions.

Read more: https://raadvisory.com.au/news/are-you-a-provider-under-the-government-payments-program/

Are you a provider under the Government Payments Program? If your business receives government payments to provide services, you must report these when lodging your tax return. If you receive payments to provide services such as healthcare, disability support or childcare under a Commonwealth progra...

14/09/2026

There have been 4 fuel tax credit rate changes in recent months; working out your claim can quickly become confusing. Using the wrong rate could mean missing out on credits you're entitled to or making mistakes that affect your business activity statement (BAS).

Read more: https://raadvisory.com.au/news/fuel-tax-credit-rates-have-changed-again-on-3-august/

Fuel tax credit rates have changed again on 3 August Stay on track with the ATO's calculator to apply the latest rate and help you claim the right amount on your next BAS. There have been 4 fuel tax credit rate changes in recent months; working out your claim can quickly become confusing. Using

14/08/2026

The ATO is sharpening its focus on how taxpayers generating income from personal services deal with that income for tax purposes. In a recent Spotlight bulletin, Small Business Assistant Commissioner Tony Poulakis highlighted the release of Practical Compliance Guideline PCG 2025/5.

Read more: https://raadvisory.com.au/news/ato-cracks-down-on-personal-services-income-arrangements-is-your-business-at-risk/

ATO Cracks Down on Personal Services Income Arrangements: Is Your Business at Risk?   The ATO is sharpening its focus on how taxpayers generating income from personal services deal with that income for tax purposes. In a recent Spotlight bulletin, Small Business Assistant Commissioner Tony Poulakis...

14/08/2026

Pre-fill is expanding for individuals in business at tax time 2026, making it easier to complete your tax returns accurately the first time. The key change is new pre-fill for Taxable payments annual report (TPAR) data.

Read more: https://raadvisory.com.au/news/new-tpar-pre-fill-for-tax-time-2026/

New TPAR pre-fill for tax time 2026   Taxable payments annual report (TPAR) amounts will now pre-fill in your tax return. Pre-fill is expanding for individuals in business at tax time 2026, making it easier to complete your tax returns accurately the first time. The key change is new pre-fill for T...

14/08/2026

Depending on your circumstances, you may be able to claim the decline in value of depreciating business assets (such as laptops, desks and office furniture) or running expenses associated with operating your business from home. This includes:

- electricity for heating, cooling and lighting
- phone and internet expenses
- office cleaning costs.

Read more: https://raadvisory.com.au/news/tips-for-claiming-home-based-business-expenses-this-tax-time/

Tips for claiming home-based business expenses this tax time   Make the most of your home-based business expenses by understanding what deductions you can and can’t claim. If you run your small business from home, tax time is a good opportunity to make sure you’re claiming the deductions you’...