Red Spark Consulting

We're proud to be supporting the Reservoir West PS fete again! Congratulations on 70 amazing years of educating our kids!

SILVER SPONSOR ⚪️
Another incredible Fete sponsored by Red Spark Consulting 👏🏽

Red Spark Consulting is an accounting practice in Reservoir with a focus on helping individuals with their tax needs, and small businesses to grow and prosper.
Run by parents from our RWPS community, what a perfect fit for all of your tax needs, coming into tax time 👌

E [email protected]
T 0407 007 730
W www.redsparkconsulting.com.au

Article with a good graph of how the proposed tax changes effect you. These need to pass into law by parliament to be effective, if that doesn't happen the current stage 3 cuts are what you'll receive from 1 July 2024 onwards.

Graph reveals how new tax cuts will hit you Prime Minister Anthony Albanese plans to rob the rich to upsize tax cuts for most workers under planned changes that will deliver a worker on $100,000 an extra $2179 a year.

Wills are important, if you don't have one or your circumstances have changed have a talk to a family about it.
https://www.theage.com.au/lifestyle/life-and-relationships/knowing-when-the-time-is-right-to-update-your-will-20220512-p5akp9.html?fbclid=IwAR0Sp57oYp_t-C1-bbzDDH1bHzfLlI8dIAamdf6u_o0R3vMZEF9iGFjBRUU

Knowing when the time is right to update your will More than half of Australian adults don’t have a valid will, even though it could impact their families in the event of their death.

The ATO have updated the rules for claiming home office. You'll now need to keep a log of hours worked. A great explanation of the changes are in the following article.

The ATO’s new working from home deduction rules - TaxBanter Pty Ltd. The ATO has released its final guidance in relation to a revised fixed-rate approach to claiming deductions for additional running […]

Happy new year!

So proud to be able to help a great event. Bring your kids along for a great time.

The tax lodgement deadline is only two weeks away. If you are not ready to lodge yet come and talk to us before then and in most cases you'll receive an extension until May.

Only two weeks left to lodge! ⏰

Time to gather your receipts and get cracking! Log in to ATO online services through your myGov account and get started. ✔️

If you’re lodging through a tax agent, make sure they’re registered with the Tax Practitioners Board and get on their books by the end of the month to take advantage of later lodgment dates.

For more info, visit www.ato.gov.au/individuals/Your-tax-return/In-detail/Tax-essentials/

A great event for the School that we're proud to be sponsoring. We hope everyone has a wonderful time.

Check out these incredible rides!

Wristbands will again be available for purchase from Monday 10th October through to Wednesday 9th November for $35, allowing for unlimited rides between 1 and 6pm.
Wristbands will also be available on the day for $40.

More information will be supplied in the coming weeks about purchasing and collection of wristbands - keep an eye out and start telling your family and friends!

It's tax time! Our books are open and we are taking on new clients. We can assist you by phone, over email, via video call or in person in our office at 581 Gilbert Rd, Preston. Get in touch, we'd love to hear from you!