Rees Pritchard Professional Services

** UPDATE** Our phone line is working again. Please call us on 4920 2877
Thank you

We are currently experiencing intermittent phone service due to a service provider issue. The issue is being investigated and we hope to have phone service up and running normally again soon. We apologise for any inconvenience to our clients who have tried, or are trying to contact us. if your matter is urgent please email us at [email protected]
Thank you

Don’t Know what to get someone for Xmas?
Easy, gift them a dog sponsorship certificate ❤️

1. Email; [email protected] for information

2. View dogs; https://www.dogrescuenewcastle.com.au/sponsor-a-dog-1

3. Sponsor a Rescued Dog (36 dogs to choose from)

4. Receive a Gift Certificate

5. Gift this to your loved one/friend.

Your sponsorship provides food, medication and care for these special babies 🐾

Happy December and Happy Holidays from the team at Rees Pritchard & Partners! 🎊🎊🎊

Our office will be operating as normal for the rest of the year, with our last day being December 23rd.
We've had another great year here at the office and can't wait to see what the next one holds.
To all our clients, friends and family have a safe and happy new year!

Are you a small business owner expecting losses this financial year? If your deductions add up to more than your total income, you may be able to claim in the current, future or previous years.

For more info visit the ATO website at http://www.ato.gov.au/.../Income-and-deductions.../Losses/

📣OFFICE CLOSED📣
Our office will be closed Thursday 22nd September, returning with our regular hours Friday 23rd. We apologise for any inconvenience.

On behalf of our Rees Pritchard family, Happy National Family Business Day!

As a family owned and run business, we know the importance of our family businesses, big and small, and how vital they are to our community.
Fun fact: family businesses make up around 70% of businesses in Australia!

Investing in a family owned business is investing in your community, so remember to give back and support your local family run establishment today!

Made a mistake on your tax return? There's a simple solution.

If you:
~ answered a question incorrectly,
~ forgot to include some income or other relevant information,
~ forgotten to claim an offset or
~ had some details change after lodging such as receiving a revised payment summary or an updated income statement,

you can request an amendment on your tax return by visiting

https://www.ato.gov.au/Individuals/Your-tax-return/Correct-(amend)-your-tax-return/
or by calling our office today.

After 71 years in the business, we know a thing or two about finance.

If you're looking for financial advice, help with your tax return or your local stockbroking specialists, come speak to our team at Rees Pritchard Professional Services.

Call today or visit our website for more information on how you can secure your financial future.

Travelling for your business? You may be able to claim your work-related travel expenses.

Whether it's a car trip to a conference or commuting to a client, make sure you cover these key requirements:
~ you've spent your own money and weren't reimbursed by your employer
~ you keep good records
~ your expenses are directly work-related

For more information on what and how you can claim, visit https://tinyurl.com/p97wn2cz
or go to the ATO website.

Employers: there's still time to act.

If you underpaid super for your employees or paid after the 28 July due date, you can still lodge your super guarantee charge statement with the ATO by 29 August.

For more info on how and where to lodge, visit www.ato.gov.au/lateSG

eInvoicing - What is it?

The upcoming ATO event showcases information sessions, demonstrations, and real examples of how this new way of invoicing clients can evolve your business.

Visit the link below to view the calendar of events, register your interest, or find out more.
-

https://bit.ly/3dalTMs

Unsure of what you can claim? We're here to help.
This helpful link from the ATO can help you find a range of work-related deductions based on your industry!

See below or visit the ATO website for more information about occupational guides.

http://www.ato.gov.au/.../Occupation-and-industry.../

Tax time = concession time for businesses.

Click the link below for more information on how you can claim on your tax offset this tax season, or visit the ATO website.

http://www.ato.gov.au/.../Conces.../Concessions-at-a-glance/

If you're an employer, now is the time to lodge your employees' super guarantee.
Visit the ATO website or click the link below for more details on how and when to lodge.

www.ato.gov.au/PayingSuper

It's that time of year again. If you lodge your BAS quarterly or annually, these tips are for you.
🗸 enter whole dollars - skip the cents and don't round up when entering your amount totals
🗸 $0 to report? you still need to submit your BAS with a zero or 'nil' total
🗸 if you no longer need GST, cancel with the ATO and finalise all outstanding payments

Click the link below or visit the ATO website for more info on how and when to lodge your BAS.

www.ato.gov.au/bastips

Taken any RATs lately? COVID-19 tests purchased for work are tax deductible!
If you:
🗸 used a PCR or paid antigen test for work-related purposes
🗸 have a record of purchase
🗸 were not reimbursed for the cost by your employer
then you can claim a deduction on any test you paid for from 1 July 2021.

Click the link below or visit the ATO website for more information

http://www.ato.gov.au/.../Other.../COVID-19-test-expenses/

Our April Edition of the TaxWise Personal Newsletter is now available to view by clicking the link below.
-
https://cdn-au.mailsnd.com/48879/hlkMFXylquiZoLdgUhzwDH3v5C0XxVQltOptxP0Kdo4/1650602648/3539196.pdf

The June TaxWise Business Newsletter is here! Click the link below to view:
-https://cdn-au.mailsnd.com/48879/cML3JuyMjxxgS_uRPFxu4VFIcMHAxSQ3L3U6H8L_mgE/1656563328/3583716.pdf

Some important information for the pet owners working from home this year.

Busy juggling your fur babies while you work from home? 🤹🐕

While it's nice to get them out of the house and not barking at the postie, sending them to doggy day care isn’t a tax deduction.

If you’re working from home there may be other expenses you can claim, but they must directly relate to earning your income.

For more info, visit www.ato.gov.au/individuals/income-and-deductions/deductions-you-can-claim/home-office-expenses/ or chat to a registered tax agent.

Missed Thursday Finance? If only there was a way you could catch up on listening to past episodes? Good news, there is!
All of the podcasts are available anytime, and better yet they're free! So, please click here to listen now: http://bit.ly/2oj4IuX

Please join us for Thursday Finance today, as Richard Murphy, (CEO and Co-Founder of XTB - Australian Corporate Bonds Company) gives us an update on bond markets and interest rates. The program will be live on the airwaves from 12pm to 1pm on 2NUR (103.7) FM.

In case you missed Thursday Finance, we'd like you to know that all of the podcasts are available anytime, and better yet they're free! So, please click here to listen now: http://bit.ly/2oj4IuX

Please join us for Thursday Finance today, as Pippa Rowntree, (Investment Services Manager at Leah Jay) provides a real estate market update. The program will be live on the airwaves from 12pm to 1pm on 2NUR (103.7) FM.

Warwick Gilbertson, Partner and Accredited Specialist in Family Law at Turnbull Hill Lawyers spoke on the Thursday Finance program last week, about elder abuse.

Yesterday we shared a snippet of that conversation, and noticed Warwick mentioned a website which we thought may be a useful resource for those interested.

Please find it here: https://humanrights.gov.au/our-work/age-discrimination/projects/elder-abuse

Please listen in to Thursday Finance today, as Warwick Gilbertson (Partner and Accredited Specialist in Family Law, at Turnbull Hill Lawyers) joins us to share his invaluable insights, as he speaks about Elder Abuse and Powers of Attorney, capacity and NCAT.
The program will be live on the airwaves from 12pm to 1pm on 2NUR (103.7) FM.

Have you heard that our radio program called Thursday Finance, which is broadcast from The University of Newcastle, is now back on the airwaves?
We took a break over the festive season, but are now back each Thursday from 12pm to 1pm, on 2NUR (103.7) FM.
But in case you missed the program, all of the podcasts are available anytime, and better yet they're free! So, please click here to listen now: http://bit.ly/2oj4IuX