RA Business Advisors Chartered Accountants

Having issues with your Xero file or you need help to setup your Xero file for your business? If you are we can help you out with a free Xero training session. For more details on what we offer and to book an appointment, click on the following link : https://www.raaccountants.com.au/free-xero-training/

With the end of financial year approaching, we have met with a lot of our clients to review how their businesses have travelled for the year and discuss their tax positions and relevant tax strategies they can implement. Our clients absolutely value this meeting, to help them understand their financial standings and performance for the year but also review what they can improve in the future.

If this is something that you need help with your business, feel free to contact us on 07 33670852 for a free health check one-on-one meeting or click on the following link to request a meeting:

FREE Business Health Check - RA Business Advisors Why do you need a business health check? A business health check is vital to maintain a successful and efficient business. Due to this, we are offering a FREE one-on-one meeting with a specialist that can review your small business operations. FREE Health Check This includes: Structure Advice Do you...

Effective from 1 July 2024 the government has announced the updated Stage 3 tax cuts. All of the relevant tax cuts have been detailed in our blog which you can read here:

Stage 3 Tax Cut Changes - RA Business Advisors The Prime Minister has officially announced the following proposed changes to the Stage 3 tax cuts: Lower the tax rate from 19% to 16% for incomes ranging between $18,200 and $45,000 Reduce the tax rate from 23.5% to 20% for incomes between $45,000 to $135,000 the newly established threshold. Increa...

The government has made some changes to superannuation contribution caps from 1 July 2024. To review what those changes are, we have prepared a blog outlining the details:

Contribution Caps - RA Business Advisors The Institute of Financial Professionals Australia (IFPA) have reported that following the release of the latest Average Weekly Ordinary Time Earnings (AWOTE) data for the December 2023 quarter the government has announced it will increase contribution caps on 1 July 2024 as follows: Concessional Co...

The ATO have provide a guideline on how to determine whether a worker is an employee or an independent contractor. For more details read our blog outlining the key points:

Classifying workers as employees or independent contractors - RA Business Advisors On February 9, 2022 the High Court handed down decisions, which have impacted the ATO’s advice and guidance in relation to classifying workers. The Practical Compliance Guideline PCG 2023/2, initially presented as a draft under PCG 2022/D5, outlines the Australian Taxation Office’s (ATO) strateg...

Another financial year coming to an end, another EOFY RA team event. This year we made use of the perfect Queensland winter weather and trekked up Mt Coolum and enjoyed the beautiful view. We then headed to Mooloolaba and enjoyed some lunch at The Savvy Squire. Ready again for another year.

Emma Murray… Amazing!! Taking her 4 Step Tool back to our crew in the office!

Aussie Managing Director talking to us about who we are as accountants, no longer the bean counters society used to think we are 🤓

Getting to know Xero’s CEO Sukhinda Singh Cassidy this morning