News

The Next Move Budget Edition – May 2026

In this issue

  • 2026-27 Federal Budget — A Night of Significant Change
  • The $1,000 Instant Tax Deduction
  • $250 Working Australians Tax Offset
  • Changes to the Fringe Benefits Tax Exemption for Electric Vehicles
  • Changes to the Capital Gains Tax Discount
  • What the CGT Changes Mean for Business Owners
  • Changes to the Taxation of Trust Distributions
  • Changes to Negative Gearing — What Property Investors Need to Know
  • Superannuation — Key Changes From 1 July 2026
  • Research and Development Tax Incentive — Changes From 2028
  • Good News for Companies — Loss Carry-Back and Start-Up Incentives
  • Instant Asset Write-Off — Now a Permanent Feature
  • Fuel Excise and Other Budget Updates
  • What Should You Do Now?

RVN Special Budget Edition

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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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