The Full Account | June 2023: Toowoomba

Welcome to the  

THE FULL ACCOUNT -

RSM's local newsletter.

Life in Regional Australia is an extraordinary journey, and we're thrilled to have you on board as a valued member of our local community.

As we approach the end of the financial year and embark on the tax season, we wanted to take a moment to reflect on the triumphs and challenges we have experienced in the past six months and to share some of the highlights with you. 

We understand that this year has presented its fair share of challenges for many. In this edition of The Full Account, we have curated valuable insights and expert advice tailored specifically for our local market. We genuinely understand your needs, and our aim is to equip you with the knowledge you need to excel in your business endeavours.

This year has been quite busy for us at the Toowoomba office. We recently hosted our annual Federal Budget Breakfast, an enriching experience which provided useful insights for local business leaders. The event was a success, and the expertise of our partner, Will Laird, has been recognized in multiple news outlets, solidifying his position as a thought leader in business and taxation.

Additionally, Ben Twidale has been sharing his knowledge by delivering informative sessions for local businesses and the Australian Psychology Society. We also have some exciting personnel updates to share, including the return of Kristelle Stark from maternity leave and the addition of Emily Fry to our team as a Personal Assistant and Administration Officer. 
 

Our team is here to provide expert guidance and support as we review your finances and meet tax obligations together. Your success is our priority, and we look forward to connecting with you soon.

Thank you for choosing RSM as your trusted accounting partner.

Best regards,

The team at RSM in Toowoomba

THE LATEST INSIGHTS

Increase to superannuation guarantee contribution effective 1 July 2023

INSIGHTS - Updates for small to medium businesses

Business Advisory

Superannuation

Increase to superannuation guarantee contribution effective 1 July 2023

Claiming a tax deduction for your car expenses – are you across the detail?

Tax Alerts and Monthly Tax Update

Tax Advisory

Tax compliance

Claiming a Tax Deduction For Your Car Expenses

2022-23 EOFY Tax Planning Tips

In this vibrant and engaging image, we capture the essence of tax time. A colorful and dynamic illustration showcases a busy office scene with individuals diligently working on their tax-related tasks. The image exudes a sense of purpose and focus, symbolizing the dedicated efforts of professionals during the tax season. It serves as a visual reminder of the importance of timely and meticulous tax planning, while also highlighting the collaborative nature of navigating complex financial matters.

CLIENT CHOICE AWARD WINNERS

We are thrilled to share our achievements with you, especially those that reflect our people-centric values.

We are extremely proud to have won the prestigious Client Choice Award for the Best Accounting & Consulting Services Firm (>$200m) for the fifth year in a row. We also secured first place for Best Professional Services Firm (>$200m) and Best Provider to Government & Community.

Plus, we were a finalist in the Best CX Firm: Accounting & Consulting Services category. Our success story wouldn't be complete without acknowledging your unwavering support, which has been instrumental every step of the way.

TEAM NEWS

The Toowoomba Office is thrilled to welcome back Kristelle Stark from maternity leave.

Returning to her role in July, she has already begun working a few days a week, splitting her time between the office and remote work. Kristelle's extensive knowledge and integral role in the team make her return a joyous occasion. Additionally, we warmly welcome Emily Fry as the new Personal Assistant and Administration Officer to Will Laird. With her background in administration, finance, and real estate, Emily has seamlessly integrated into the team, and we eagerly anticipate her contributions.

Our team has been actively engaged in the local community, hosting the highly successful Toowoomba RSM Federal Budget Breakfast in partnership with The Toowoomba Chamber. With nearly 150 attendees, the event featured informative presentations by RSM Toowoomba Partner, Will Laird, who shared valuable insights into the Budget's implications for our region, local businesses, and various industries.

Joined by Ian McFarlane, Chief Executive of the Queensland Resource Council, and Geoff McDonald, Deputy Mayor of Toowoomba Regional Council, the breakfast also included panel discussions where guests had the opportunity to ask questions. The event received positive feedback, and our team's expertise, particularly Will Laird's thought leadership on business and taxation matters, has been recognized in various news outlets. Additionally, our team members have organized and delivered other successful events, such as a condensed Federal Budget highlights package for local SMEs and informative sessions on optimising private practice, tax planning, and software review for the Australian Psychology Society. These activities showcase our commitment to contributing to the growth and success of our local community.