RWK Accountancy Dunsborough in Dunsborough, Western Australia | Accountant

RWK Accountancy Dunsborough

Locality: Dunsborough, Western Australia

Phone: +61 8 9755 3049

Address: 2/18 Griffin Dr 6281 Dunsborough, WA, Australia

Website: https://rwkaccountancy.com.au

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• Tax preparation service
• Accountant
• Financial service

24.01.2022 Save cost by skipping late payments for your employees Super Guarantee. Put your investment into something more important. Our team are always ready to assist you: https://bit.ly/RWKAccountancyContactUs

24.01.2022 Over the past few weeks, we have been assisting our clients with different JobKeeper requirements. To help you answer some of the common questions, we collate some of the information and turned into a blog. In this way, you can avoid penalties or miss out on important details.... Read the Blog: https://bit.ly/MonthlyReportingForJobKeeper For JobKeeper assistance: https://bit.ly/RWKAccountancyContactUs

24.01.2022 When Rob was asked about his favourite quote, "It is what it is." Just like working with numbers, you cant simply override a figure without any necessary claim. Rob Koch, Director of RWK Accounting Dunsborough, has been working on financial numbers since 1983 in the Australian Taxation Office. After 16 years working in the corporate world, he heeded a different call: to help business leaders understand the numbers. This is also to empower them on how to use this informatio...n for critical business decisions. From a simple change of scenery to being an early cloud technology adopter, thats the dedication he has put into his business. If you think accounting is staid and boring, book an appointment with Rob and youll see how valuable these numbers are in running your business. Do you need financial advice? m.me/RWKAccountancyDunsborough

23.01.2022 JobTrainer provides a 50% reimbursement to eligible employers for the cost of apprentice or trainee wages up to $7,000 per quarter. Originally only for small businesses employing less than 20 employees, the subsidy recently expanded to include businesses with under 200 employees. Originally only for small businesses employing less than 20 employees, the subsidy was recently expanded to include businesses with under 200 employees. For small businesses (under 20 employees), the... apprentice has to be employed on 1 March 2020 or on 1 July 2020 for claims after this date (claims are open now). For medium-sized businesses (under 200 employees), the apprentice had to be employed on 1 July 2020 (claims open 1 October 2020). To access the subsidy, you will need to provide evidence of wages paid to the apprentice. The subsidy is also accessible to larger employers employing apprentices let go by a small/medium business where that apprentice was eligible for the wage subsidy. The subsidy is scheduled to end on 31 March 2021. If you have concerns or need further assistance: Ask our team today: https://bit.ly/RWKAccountancyContactUs Send us a message: m.me/RWKAccountancyDunsborough

23.01.2022 "Two out of three businesses go broke in the first three years." Love watching Mythbusters? Let the RWK team debunk the myth by showing you data on how startups are doing during the first three years. With the help of the great team at BSW Connect - Business South West, we were able to produce this short video explaining that this myth is not true.... The survival rate of a business depends on strong business planning and implementations. Hear from our experts advice on how to improve your business processes by reaching out either via direct message or calling our office. Do you need financial advice? m.me/RWKAccountancyDunsborough https://www.youtube.com/watch

22.01.2022 Setting goals for your business gives direction, motivation and a clear way to measure progress. Ask yourself, how comprehensive are your business goals? Do you have time to revise them, or are you just too busy working? RWK Accountancy can review and help reset your existing business goals, ensuring they are SMART - specific, measurable, attainable, relevant and timely. For assistance: https://bit.ly/RWKAccountancyContactUs

21.01.2022 After many weeks of closing our business doors, now we are given an opportunity to relaunch. But before you switch your store signage on, read this article from @charteredaccountants to check for your business readiness. Great leaders are always a step ahead.

21.01.2022 Much of the financial media is now correctly focused on what will happen to the economy and businesses when JobKeeper, debt relief from banks, and rent relief from some landlords all end about the same time for many businesses at the end of September. But a more critical question now is, what would your finances look like without the JobKeeper subsidy? Read more: https://bit.ly/RWKSurviveWithoutJobKeeper

21.01.2022 Negative gearing simply refers to the fact that when you take away the costs of running and owning an investment property from the rent it earns, that there is a loss which you are able to deduct from your own taxable income and save some tax. Learn more with our new blog: https://bit.ly/RWKNegativeGearing

20.01.2022 Heres some quick info; The RWK Accountancy team eat tax planning for breakfast with a good cuppa coffee. If you are on the hunt for the right person to help you with your business tax, feel free to message us or call our Dunsborough phone number so we can assist you further, 08 9755 3049 Learn more: https://bit.ly/RWKAccountancy

19.01.2022 If you are looking for a business tool that will give you five stars in ease of use, ease of integration, reporting and value of money, Xero has everything that you are looking for. Our team will be alongside you from integration to implementation. Have we mentioned that our service comes with unlimited training, support and some yoga stretching?... Learn more: https://bit.ly/RWKAccountancyXero

19.01.2022 Happy Birthday Chana! We wish youll have a blast today! We appreciate your hard work and your commitment in our team! We wish you success and more celebrations to come!

18.01.2022 Not only does Xero make your life easier, but it also makes your life even happier This financial year was a bit challenging for some, so Xero ended it by creating an uplifting song for the accounting and bookkeeping industry.

18.01.2022 Federal Budget 2020: How will it affect Income Tax? This year's Federal Budget is described as one "Australians needed" based on Mr Scott Morrison, Prime Minister of Australia. Early this month, personal income and business tax cuts were unveiled and have passed parliament. As a result, from 1 July 2020:... the low income tax offset will increase from $445 to $700; the top threshold of the 19 per cent tax bracket will increase from $37,000 to $45,000; and the top threshold of the 32.5 per cent tax bracket will increase from $90,000 to $120,000. This legislation will benefit more than 11 million Australian taxpayers. The savings that they will get is expected to be spent on things that are important to them If you earn: $37,000 or less Tax relief: up to $510 If you earn: $37,001 - $48,000 Tax relief: up to $510 - $2160 If you earn: $48,001 - $90,000 Tax relief: up to $2160 - $2295 If you earn: $90,001 - $126,000 Tax relief: up to $2295- $2745 Do you need financial advice? m.me/RWKAccountancyDunsborough#RWKAccountancy #Dunsborough #jobkeeper #accounting

18.01.2022 To our hardworking CPA, Happy Birthday Dani! We hope you have a magical day full of happiness, you deserve it. We are so glad to have you as part of the RWK Accountancy team! Happy Birthday!

18.01.2022 Catch this year's most exciting E-commerce Masterclass here in the South West. This workshop is perfect for all the aspiring leaders and business owners who are looking into expanding their online sales channels and use the platform to grow and expand their reach. Register for Bunbury https://ecommercemasterclassbunbury.splashthat.com/ Register for Busselton... https://ecommercemasterclassbusselton.splashthat.com/ Register for Margaret River https://ecommercemasterclassmargaretri.splashthat.com/ This event is more than just learningyou can connect to other businesses and expand your network! Enjoy the free drinks, food, and knowledge!

18.01.2022 To our director, Rob Koch, happy birthday! Today is special, not just for you, but also for everyone in your team. Great leaders deserve the best in life. Thank you for being a dedicated boss and a great friend.

17.01.2022 A great meeting with one of our clients Loop2 Digital talking about all things EOFY and then business growth. During this session we worked with Mat on his accounting but also identified and formulated his business strategy for the next 12 months tailored toward his business goals. Its a pleasure working with someone so passionate about helping our South West Businesses grow. Its not just accounting we do and if you are looking for business advice, get in touch with us here: https://bit.ly/RWKGrowABusiness

17.01.2022 Most people don’t realise how much tax they are actually paying and that there are many legal and socially acceptable ways to increase your wealth in a tax efficient manner. Let us review your current situation and see how we can assist in getting more for you and your business. Reach out to our team to learn more: m.me/RWKAccountancyDunsborough ... #RWKAccountancy #Dunsborough #Bunbury #accounting

16.01.2022 The Australian government extended help to businesses through the Jobkeeper program. Checking the eligibility goes through a rigorous process to meet the criteria for both employer and employee. The Jobkeeper program can be far from perfect, understanding the whole process and implementing it in the shortest time possible. But what we can control and prepare is our books and ledgers to compile and record all the correct and necessary documents. If you are looking for the right team to help your business: https://bit.ly/RWKAccountancy

15.01.2022 Job Keeper and Cash Flow Boost is all over the news and social media, and there have been plenty of questions. Last August, our very own Rob Koch gave @southwestleaderswesternaustralia a presentation about the different schemes to go through all the processes. If you are running a business and have questions about tax and financial flow during these shifting times, allow us to assist you. ... Do you need financial advice? m.me/RWKAccountancyDunsborough #RWKAccountancy #Dunsborough #jobkeeper #accounting

15.01.2022 In the 2020-21 Federal Budget, the Government announced that businesses with turnover under $5bn will be able to offset any losses made between 2019-20 and 2021-22 against previously taxed profits between 2018-19 and 2020-21. The loss carry-back rules enable a company to offset tax losses against profits taxed in a previous year, generating a refundable tax offset. The amount carried back can be no more than the earlier taxed profits, limiting the refund to the company’s tax... liabilities in the profitable years. The company can choose to carry-back a loss or carry it forward. That is, tax losses for the 2019-20, 2020-21 or 2021-22 income years can either be: Carried forward and deducted against income derived in later income years; or Carried back against income of earlier income years as far back as the 2018-19 income year to produce a refundable tax offset. Previously, tax losses could only be carried forward and deducted against income in later income years. This is not the first time that carry-back losses have been allowed. The loss carry-back rules were introduced some years ago by the Gillard government for the 2012-13 year, then repealed. Reach out to our team to understand more about carry-back losses: m.me/RWKAccountancyDunsborough #RWKAccountancy #Dunsborough #jobMaker #accounting

15.01.2022 You dont want to run your business from a hand-written map written on the back of a soggy coaster, you need whiz bang, up to date information that will allow you to continue to make good business choices. For assistance: https://bit.ly/RWKAccountancyContactUs

15.01.2022 If you are a small business with a turnover of less than $2 million, you satisfy the active asset test and meet a couple of other conditions, *BOOM* your may be eligible for Capital Gains Tax concessions. We dont mind saying - we are specialists in this area and welcome the opportunity to take a look at your business to see where you can benefit from this concession. Ask our team today: https://bit.ly/RWKAccountancyContactUs

14.01.2022 We have designed a tax planning model specifically to cater for the Stimulus package and are always happy for a free chat.so call us now to discuss how you can best prepare before 30 June ticks over. The details are in our blog: https://bit.ly/RWKPayBackTheJobKeeper

14.01.2022 Can the business get both JobKeeper and JobMaker credit? To answer the question: No. Only when your business exits JobKeeper and is no longer receiving JobKeeper payments for any employees or business participants, can, if eligible, start to receive JobMaker credits. The business is eligible for the hiring credit in the reporting period following your JobKeeper exit date. JobKeeper aims to protect jobs, while JobMakers aims to encourage startups or new businesses to grow by creating more jobs. These innovations are made to support local businesses on the road to recovery and growth.

13.01.2022 The August JobKeeper monthly business declaration is due by the 14th of September. This covers three JobKeeper fortnights. This is a reminder to employers that they need to declare all additional employees who could be eligible. They should also comply with the "one in, all in" to meet the nomination requirements. For any Jobkeeper enquiries or assistance, leave us a message or call our office to assist you further.

13.01.2022 Do you know that you may be eligible to register for June Sep JobKeeper payments, even if youve missed April and May. Read more in our blog: https://bit.ly/AlternativeJobKeeperTest

13.01.2022 These figures show there are some green shoots emerging in our economy and thats a positive sign. Theres a very long road, and plenty of hurdles to clear, but its encouraging to see small, medium family businesses slowly regaining some confidence, ABA Chief Executive Anna Bligh said. Banks lending to small, medium, and family businesses is a key factor in helping the national economy recover. This is why Australian banks continue to provide opportunities by partnering w...ith the government and regulators. Supporting local businesses as a consumer means a lot in these challenging times. It will not only benefit the local economy but will also help boost Australias economic future. Read more about this article: http://bit.ly/BoostsAustraliaEconomy Do you need financial advice? m.me/RWKAccountancyDunsborough

13.01.2022 The team work hard all year, it was nice to catch up for our 2020 EOFY lunch! We look forward to helping our clients grow during the 2021 financial year! Our team are always ready to assist you: https://bit.ly/RWKAccountancyContactUs

12.01.2022 Stimulating investment is high on the Government’s agenda. The 2020-21 Budget delivered a range of incentives for business to invest. If you would like us to review your position and the tax impact of any investments you are contemplating, please call us and we can assist you to get the best possible outcome. Reach out to our team to learn more: m.me/RWKAccountancyDunsborough #RWKAccountancy #Dunsborough #accounting

11.01.2022 What stings a small business as much as the Coronavirus? A tax bill you didnt have to pay if you had been informed. Find out what you need to do before the end of June!... Tickets are limited so be quick to secure your seat. Join now: https://bit.ly/TaxPlanningMasterclass

11.01.2022 Have you heard about the Government initiative, through the ATO, that they will provide a tax-free cashflow boost of between $20,000 and $100,000 to eligible businesses? You may be eligible in this program if you are a small to medium business entity or NFP. To know more about this program: https://bit.ly/CashflowBoost

09.01.2022 If you're an employer in need of extra hands but hesitant to hire in this pandemic, you may want to apply for JobMaker Hiring Credit. Over the next three years, $4.0 billion will be provided by the government to accelerate employment growth. The JobMaker Hiring Credit will be available starting October 2020 with some key conditions: The job must be an additional job based on the businesses total employee headcount at 30 September 2020 and additional payroll from the Septem...ber 2020 quarter; Employers must have an ABN, be up to date with tax lodgements, be registered for PAYG and report through Single Touch Payroll; New employees must have previously received either JobSeeker, Youth Allowance or parenting payment for at least 1 month out of the 3 months prior to them being hired; and New employees must work a minimum 20 hours per week, averaged over a quarter. This said JobMaker Hiring Credit will be available for up to 12 months from the date of employment of the eligible team member. The government wants to encourage businesses to hire new employees in their road to business recovery. Do you need financial advice? m.me/RWKAccountancyDunsborough #RWKAccountancy #Dunsborough #jobMaker #accounting

08.01.2022 Xero tell us they work hard while keeping things simple and we tend to agree. Xero tells us they work hard while keeping things simple and we tend to agree. We use it to run in our different office locations and recommend it to all our clients. If you need more convincing, Canstar recently awarded Xero top spot in customer satisfaction for Business Accounting software for the fourth year in a row, beating MYOB and Quickbooks.... Learn more: https://bit.ly/RWKAccountancyStartABusiness

08.01.2022 Watch and become informed on how you can gain access to the Division 7A relief, the reiterated rules for working from home deductions, and the extra eligibility criteria for Jobkeeper 2.0. Ask our team today: https://bit.ly/RWKAccountancyContactUs Send us a message: m.me/RWKAccountancyDunsborough... https://www.youtube.com/watch?v=cNntbWkOmMc&feature=youtu.be

07.01.2022 Watch the ATO quick reminder about JobKeeper business declaration.

07.01.2022 Your employees super for the June quarter is not due until 28th July but if you have the cash, pay it now! If you dont pay the super, it isnt tax deductible until next year, even though it counts as an expense this year. To allow for processing of super payments through super clearing houses you will need to make payment ASAP so that contributions get to super funds by 30 June. The same is true for personal contributions, which are also a great deduction. Be sure to talk ...to your trusted advisor - or give us a call! We can help you to check your contribution caps, as there are special rules around how much you can deposit into super at the moment. Contact directly our Dunsborough team: 2/18 Griffin Drive, Dunsborough WA 6281 08 9755 3049 | [email protected] Reach out: https://bit.ly/RWKAccountancyContactUs

07.01.2022 The know-how you need for reporting the different government stimulus payments received. The Australian Taxation Office gives a brief snapshot of what you could include in your tax return or not. For assistance: https://bit.ly/RWKAccountancyContactUs

06.01.2022 RWK Accountancy opened its doors in 1999 with the ambition of becoming a valued partner to businesses and offering so much more than a tax return. Over 20 years and counting, we have worked alongside some of the most progressive and successful businesses in the South West, guiding them on their business and personal journey. We are a new world solution to an old school profession. You can trust to leave the numbers to us. Reach out to our team to learn more: m.me/RWKAccou...ntancyDunsborough #RWKAccountancy #Dunsborough #accounting

05.01.2022 To further assist you with your questions and enquiries about what is claimable and what is not, reach out to our team and our friendly accountants will be ready to answer your concerns. Ask our team today: https://bit.ly/RWKAccountancyContactUs Send us a message: m.me/RWKAccountancyDunsborough

05.01.2022 Like all things accounting, there are compliance, costs and insurance requirements which carry heavy penalties if not adhered to. Its important to stay on top of these obligations. Let us help with this. Our "Super team" will ensure you cross all the ts and dot all the is in terms of compliance. Ask our team today: https://bit.ly/RWKAccountancyContactUs

05.01.2022 Your questions answered: "During lock down I have had to work from home. Ive set up a full home office with paintings, plants, a desk, computer equipment, a water tower and a sculpture. I presume I can claim everything I have purchased for this office and claim part of my mortgage and running costs?" In general, home office expenses are designed for those who run their business out of home. If you are merely working from home and not running a business at home, then its unl...ikely you will be able to claim occupancy expenses such as mortgage interest or rent. Keep in mind that if you claim occupancy costs, this will impact on your access to the CGT main residence exemption. The water cooler is unlikely to be deductible as food and drink is considered to be private in nature. The items that beautify your office will generally only be deductible if they are displayed in open viewing areas in premises used for income producing purposes including reception areas, waiting rooms and foyers. If you are working from home and have set up a home office for this purpose, you can claim a deduction for your expenses based on the 80 cents per hour short cut method, the 52 cents per hour method (which excludes phone, internet, or the decline in value of equipment which are all claimed separately), or the actual method. Ask our team today: https://bit.ly/RWKAccountancyContactUs Send us a message: m.me/RWKAccountancyDunsborough

05.01.2022 Our Director, Rob Koch, led the group in presenting the released budget at the Geographe Business Referral Group. Taking financial advice from Rob is one of the best business decisions that you will make! Do you need financial advice? m.me/RWKAccountancyDunsborough... #RWKAccountancy #Dunsborough #jobMaker #accounting

04.01.2022 First of all, what is JobMaker? JobMaker is a credit available to eligible businesses that have the capacity to hire new* employees (*not to replace someone who left). It is made available for the jobs created from October 7, 2020 until 6 October 2021. Here's the credit information: ... $200 per week for new employees between 16 to 29 years of age $100 a week for new employees between 30 to 35 years of age The payment is made from the start date of the employee for 12 months. Learn more about your and your employees' eligibility for this credit. Message us for advice. m.me/RWKAccountancyDunsborough#RWKAccountancy #Dunsborough #jobMaker #accounting

04.01.2022 Choosing the right structure for your business is one or the first important decisions you need to make on your business journey to get it right. You need consider the size and type of business, your personal circumstances and how much you plan to grow your business. The most commonly used structures in Australia are sole trader, partnership, company and trust. There are advantage and disadvantages to each and its important to check all the details thoroughly, as business st...ructure will affect; the tax you are liable to pay your business income asset protection ongoing costs Our team are always ready to assist you: https://bit.ly/RWKAccountancyContactUs

04.01.2022 "The Reckon Resilience Report, which measured resilience using the Brief Resilience Scale, found that professional services small-business owners including accountants reported higher levels of resilience than other small-business leaders."

03.01.2022 Do you need assistance in applying for the early release of superannuation? July 1 to September 24, 2020, is another window to submit your application. Give us a message to enquire or call our Dunsborough office at this number: 08 9755 3049... To read more on eligibility: https://bit.ly/EarlyReleaseOfSuper

02.01.2022 How will the Federal Budget affect loss carry-back for companies? This 2021 budget seeks to reinstate the rule in "carrying back" tax losses to earlier profitable income years. This legislation was first introduced in 2013 only to be revoked the year after. The rules will allow companies with an aggregated turnover of less than $5 billion to apply tax losses in the 2020, 2021, and 2022 income years against profits made in the 2019 year onwards. Such loss-making companies wi...ll need to elect to use the rules which will then generate tax refunds when they lodge their 2021 and 2022 income tax returns. Do you need financial advice? m.me/RWKAccountancyDunsborough #RWKAccountancy #Dunsborough #jobMaker #accounting

01.01.2022 Its important to keep yourself updated. Heres a friendly reminder from the ATO about changes in rental deductions.

01.01.2022 Do you know what tax concessions your small business can utilise? The Government plan to increase the Small Business Entity (SBE) has aggregated turnover threshold by 500%. In particular, businesses with an aggregated turnover of $10 million or more but less than $50 million will be able to utilise the following tax concessions: IMMEDIATE deductions on certain start-up expenses and certain prepaid expenditure... Starting from 1 April 2021 Use simplified trading stock rules Starting from 1 July 2020 FBT exemption on car parking fringe benefits and multiple work-related portable electronic devices, such as phones or laptops, provided to employees Report and pay PAYG instalments based on GDP adjusted notional tax Settling excise duty and excise-equivalent customs duty monthly on eligible goods Time limit for amendments of income tax assessments reduced from 4 to 2 years Access to the Commissioner’s discretion to create a simplified accounting method determination for GST. To further assist you or give you advice? m.me/RWKAccountancyDunsborough #RWKAccountancy #Dunsborough #jobMaker #accounting