RSM Australia

Tax services

Tax services that are proactive, so you don't miss a beat

Often tax strategies that look good by themselves can be less sensible, even problematic in the context of your whole business.

That's why RSM takes a balanced and integrated approach.Tax services that are proactive, so you don't miss a beat

We focus on your total business picture, not just your next return. Our Tax Services team help you define the right overall tax position, designed to save you money in complex tax environments, while at the same time meeting your larger business goals. Since we take a broad overview of a client's business, we can see opportunities that other tax specialists might miss.

At RSM, we believe tax planning is a year-round concern. Yes, we're sticklers about deadlines and compliance, but our larger goal is tax management. Tax issues don't begin and end with tax returns, so we keep a constant eye on your company's overall obligations. We alert you to any changes that may affect you and help you to respond in a timely way.

Our proactive approach to taxes sets us apart. In addition to providing ongoing advice, we offer a number of specific tax services.

Australia takes the next step to taxing the digital economy

The Australian Treasury released a discussion paper in early October 2018 to inform a consultation about whether, and if so, how Australia could introduce an ‘interim measure’ to tax sectors of the digital economy. 

Understanding the instant asset write-off for farmers and small business

Australian business owners rejoice – legislation extending the well regarded instant asset write-off program has been passed. 

Payment of employee bonuses

Recognising the hard work of employees is important to ensure morale remains high in the workplace and that quality workers are retained in your business. One of the easiest ways to reward employee excellence is through the payment of employee bonuses. 

ATO denies deduction: The case for critical comparisons when establishing precedent

When landmark ATO cases come to mind there is no doubt that the decision handed down by the High Court in FCT v Myer Emporium Ltd (1987) 18 ATR 693 (Myer) would make the top ten.

What foreign owners of residential property need to know about lodging their annual return

In late 2017, the Australian Federal Government introduced an annual vacancy fee to be levied on  foreign owners of residential property, where the property is not occupied or generally available on the rental market for at least 6 months in a 12 month period. 

How the PM’s defeat impacts corporate tax rates

Following the proposal for reduced tax rates for corporate entities in 2016, the Treasury Laws Amendment (Enterprise Tax Plan No 2) Bill 2017 (the Bill) was ultimately defeated in the Senate on 23 August 2018 by a vote of 36 to 30. 

Foreign incorporated companies and changes to the tax ruling - What you need to know.

Most will remember the 2016 High Court ruling in the case of Bywater Investments Limited.

Reduced corporate tax rates - what rate of tax will my company pay?

While the legislation is transitioning, some have been left confused about the application of reduced corporate tax rates and the details of eligibility criteria during this state of limbo. To provide some clarity, we take a closer look.

Fringe Benefits Tax – ATO finalise their position on private use of vehicles.

New guidelines for private use exemptions of eligible motor vehicles for Fringe Benefits Tax (FBT) - ATO says yes to making a quick stop to grab a coffee (as long as it doesn’t add more than 2kms to your trip to work and is infrequent) but no to heading to cricket practice after work. 

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