About the agent nomination process

The ATO have introduced an agent nomination process which is a new requirement to help ensure only your authorised tax agent, BAS agent or payroll service provider can access your accounts and act on your behalf for your tax and super affairs.

This process only applies when you change an agent or change the authorisations you give your existing agent.

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

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.

We are proud to have been associated with the Broons Group and the Bowes family for more than 50 years. The Broons Group has recently completed the sale of its specialist Impact Roller division to Conplant, a Sydney-based company. Stuart Bowes, Director of Broons Group, expressed confidence in Conplant’s commitment to invest in and advance this unique technology.

A long-term plan for your finances isn’t complete without a valid Will. Done right and it should provide the final word on what happens to most of your belongings when you die.

But sitting down to write one can be a daunting experience, and there might be a number of difficult decisions you’ll have to make along the way.

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.