News

Make sure you are getting the right advice this tax time.

With the end of the financial year fast approaching, many people start looking for quick answers about deductions, income reporting, and how to get the best result on their tax return.

Download our current newsletter with the following topics and more…

  • Work-From-Home Fixed Rate Method Increase For 2024-2025 Year
  • Purchasing A Commercial Vehicle In A Company
  • The Instant Asset Write-Off Extended Once Again

TaxMatters- May 2025

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How AI is supercharging financial scams

As with any new technology, we have to take the good with the bad. But in the case of artificial intelligence (AI), the can of worms it threatens to open might be unlike anything we’ve ever seen.

Already, the technology is being used by cybercriminals to swindle people of their money, and the methods they’re using are getting increasingly difficult to detect.

Here are some of the ways AI is being deployed and what you can do to help keep your finances safe

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Need Coffee Partners with Novita

We are delighted to share some uplifting news from Rawson Verco Need & Need Coffee that aligns with our shared commitment to making a positive impact in the community. We have recently initiated a partnership with Novita, one of South Australia’s largest and most respected community-based disability service organisations, supporting kids, young people and adults.

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ATO targets tradies and motor vehicle claims (Part 2)

The ATO is currently targeting tradies and motor vehicle claims in general. While there is a perception that utes are commercial vehicles and not subject to the same record keeping requirement as cars, the reality may be different. Dual cab utes such as the Toyota Hilux and Ford Ranger – the two top-selling cars in Australia – could be subject to substantiation requirements and fringe benefits tax (FBT) as the extra weight of the dual cab reduces the load capacity.

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Staff update

After 48 wonderful years of working for Craig, Barry, Denis, the late Colin Need and our Rawson Verco Need team, Rosalie Kelb has decided to retire. We would like to thank Rosalie for her outstanding dedication as a Client Service Officer and also recognise her genuine care for our business, our clients and our team. We wish Rosalie all the best for her retirement.

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