Rands Tax & Business Consultants

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Rands Tax & Business Consultants We specialize in supporting individuals, contractors, small to medium businesses, and the local community.

Your rental statement is only part of the picture.A property manager’s statement records transactions, but it may not sh...
28/09/2026

Your rental statement is only part of the picture.

A property manager’s statement records transactions, but it may not show every expense that could affect your tax position. Items such as loan interest, council rates, insurance, land tax and depreciation may require separate review. Your rental statement is not th…

Understanding the details behind the numbers can help ensure your rental property information is reviewed correctly.

Read the full article to learn what investors should check before lodging their tax return - https://randstax.com.au/rental-property-tax-deductions-errors/

An invoice that says repairs does not automatically mean the full amount is immediately deductible.The actual work needs...
21/09/2026

An invoice that says repairs does not automatically mean the full amount is immediately deductible.

The actual work needs to be considered. Repairs, improvements, renovations and capital expenditure can have different tax treatments.

That is why detailed invoices matter when preparing your rental property tax return.

Do not rely on the description alone. Review the details.

Read our latest article to learn about common rental property deduction errors and what your accountant should review before lodging your return - https://randstax.com.au/rental-property-tax-deductions-errors/

18/09/2026

Your property manager’s annual statement is important, but it is not the whole tax calculation.

Repairs, improvements, loan interest, private use and expenses paid directly by you can all require separate review.

Before lodging your rental property tax return, make sure the details behind the numbers have been checked.

Read the full article to learn what your accountant should review before lodging your rental property tax return - https://randstax.com.au/rental-property-tax-deductions-errors/

Your property manager’s annual statement is an important starting point, but it is not the same as a completed tax calcu...
17/09/2026

Your property manager’s annual statement is an important starting point, but it is not the same as a completed tax calculation.

Repairs, renovations, loan interest, private use and expenses paid directly by you may all require further review before your rental property figures are finalised.

The details behind the numbers matter.

Read the full article to see what your accountant should review before lodging your rental property tax return - https://randstax.com.au/rental-property-tax-deductions-errors/

Your property manager’s annual statement is an important document — but it is not the complete tax calculation.The state...
16/09/2026

Your property manager’s annual statement is an important document — but it is not the complete tax calculation.

The statement records transactions, but it does not determine whether each expense is deductible, needs to be claimed over time, or requires further review.

Repairs, improvements, loan interest, depreciation, capital works and owner-paid expenses may all require separate consideration before being included in your tax return.

Read our latest article to understand why reviewing the details behind your rental property statement matters before lodging your tax return - https://randstax.com.au/rental-property-tax-deductions-errors/

15/09/2026

myGov, myID, RAM and your tax agent all have different roles, and understanding the difference can help you manage your tax affairs more confidently.

Having a registered tax agent does not mean they control your personal digital identity or online government accounts.

Your tax agent can assist with authorised tax matters, while your personal identity and online access remain your responsibility.

If you receive an ATO message or are unsure about your access arrangements, it is important to understand what action is required before responding.

Read our full article: Why Is the ATO Contacting Me If I Have a Tax Agent? - https://randstax.com.au/why-is-the-ato-contacting-me-if-i-have-a-tax-agent/

Having a tax agent does not mean the ATO can never contact you directly.There are different circumstances where the ATO ...
14/09/2026

Having a tax agent does not mean the ATO can never contact you directly.

There are different circumstances where the ATO may communicate with you, including certain reminders, information requests, security matters, surveys or situations where direct action is required.

So, receiving an ATO message does not automatically mean there is a problem.

The important thing is to verify the communication, understand what it relates to and determine whether you need to take action.

Received an ATO message and not sure what it means? Read our full article to understand when and why the ATO may contact you directly - https://randstax.com.au/why-is-the-ato-contacting-me-if-i-have-a-tax-agent/

I have a tax agent, so why is the ATO contacting me?”This is a common question from taxpayers.Having a registered tax ag...
11/09/2026

I have a tax agent, so why is the ATO contacting me?”

This is a common question from taxpayers.

Having a registered tax agent does not mean the ATO will never contact you directly. Some communication may still be sent to you, depending on the type of information involved and the communication preferences recorded with the ATO.

The important step is to confirm the message is genuine, understand what it relates to and seek advice if you are unsure what action is required.

Your tax agent can help you understand ATO correspondence and guide you on the appropriate next steps.

Read the full article: Why Is the ATO Contacting Me If I Have a Tax Agent? - https://randstax.com.au/why-is-the-ato-contacting-me-if-i-have-a-tax-agent/

10/09/2026

Received an unexpected ATO message even though you already have a tax agent?

Do not assume there is a problem. The first step is to confirm the message is genuine, understand what it relates to and check whether any action is required.

Your tax agent can help explain ATO correspondence and guide you on the appropriate next steps if you are unsure.

Read the full article: Why Is the ATO Contacting Me If I Have a Tax Agent - https://randstax.com.au/why-is-the-ato-contacting-me-if-i-have-a-tax-agent/

Having a tax agent does not mean every ATO message will automatically go to your accountant.The ATO communication proces...
09/09/2026

Having a tax agent does not mean every ATO message will automatically go to your accountant.

The ATO communication process depends on the type of information being provided and the communication preferences in place.

Some matters may still require your direct attention, particularly where they relate to your personal online services, identity or security.

If you receive an ATO message and are unsure what it means, review it carefully before responding and speak with your tax agent if needed.

Read the full article: Why Is the ATO Contacting Me If I Have a Tax Agent - https://randstax.com.au/why-is-the-ato-contacting-me-if-i-have-a-tax-agent/

Address

71 Sheldon Drive Berwick VIC 3806
Berwick, VIC
3805

Opening Hours

Monday 9am - 8pm
Tuesday 9am - 8pm
Wednesday 9am - 8pm
Thursday 9am - 8pm
Friday 9am - 8pm
Saturday 12am - 8pm
Sunday 12pm - 8pm

Telephone

+61.434391331

Website

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