Roy A McDonald

30/07/2026

📢 New Financial Year. New Tax Rules. Are You Ready?

The 2026/27 financial year has arrived, bringing important ATO changes that could affect individuals, investors and business owners.

Our latest article explains the key updates in plain English, including:
✅ Personal income tax changes
✅ The new $1,000 instant tax deduction
✅ Small business tax measures
✅ Superannuation updates
✅ Important changes that may impact future tax planning

Understanding these changes now can help you make informed financial decisions and avoid costly surprises later. Some measures are already in effect, while others are proposed or scheduled for future years, making it important to stay informed.

Read the full article here:
https://royamcdonald.com/new-financial-year-2026-27-understanding-the-latest-ato-tax-changes/

If you'd like personalised advice on how these changes affect you, contact the team at Roy A McDonald Pty Ltd in Doncaster. We're here to help you plan ahead and maximise your tax outcomes.

📞 (03) 9848 5444
🌐 [www.royamcdonald.com](http://www.royamcdonald.com)

17/07/2026

Thinking about winding up your SMSF? Make sure you get it right the first time.

Closing a Self-Managed Super Fund involves much more than lodging a final tax return. Without careful planning, trustees can face unnecessary delays, additional compliance obligations and avoidable costs.

Some key steps include:
✅ Rolling over member benefits at the correct time
✅ Finalising all tax and compliance obligations
✅ Keeping the SMSF bank account open until all liabilities and refunds are complete
✅ Maintaining accurate records throughout the process

At Roy A McDonald Pty Ltd Accountants, we can guide you through every stage of the SMSF wind-up process, helping ensure your fund is finalised efficiently and in accordance with ATO requirements.

Read our latest article:
https://royamcdonald.com/get-it-right-avoid-delays-when-winding-up-your-smsf/

If you're considering whether an SMSF is still the right structure for your retirement strategy, contact our Doncaster team for professional advice.

📞 (03) 9848 5933
🌐 www.royamcdonald.com

03/07/2026

📌 Tax Time Made Easier – Be Prepared Before You Lodge!

Preparing your tax return doesn’t have to be stressful when you have the right information ready ahead of time. From income statements and investment income to receipts for deductions and private health insurance details, being organised can help avoid delays and ensure your return is accurate.

At Roy A McDonald Pty Ltd Doncaster, we help individuals and business owners navigate tax time with confidence and clarity.

✅ Employment & investment income
✅ Rental property records
✅ Work-related deductions
✅ Business & side hustle income
✅ Prior year tax returns
✅ Private health insurance details

Read our latest article to learn what documents you should gather before lodging your return.

📖 Read more here: https://royamcdonald.com/what-information-you-need-to-prepare-your-tax-return/

Need assistance with your 2025–26 tax return? Contact our team today.

08/06/2026

💼 $20,000 Instant Asset Write-Off Extended for 2025–26

Good news for small businesses — the Australian Government has extended the proposed $20,000 Instant Asset Write-Off for the 2025–26 financial year.

Eligible businesses with turnover under $10 million may be able to immediately deduct the business-use portion of eligible assets costing less than $20,000, rather than depreciating them over time.

✅ Applies per asset
✅ New & second-hand assets may qualify
✅ Can assist with cash flow & business growth
✅ Assets must be installed and ready for use by 30 June 2026

If you’re considering upgrading equipment, vehicles, technology or tools for your business, now is the time to start planning strategically before EOFY.

At Roy A McDonald Pty Ltd Accountants, we can help you understand your eligibility, maximise available tax incentives and ensure compliance with ATO requirements.

📞 Contact our team today to discuss your EOFY tax planning strategies.

Read more here: https://royamcdonald.com/20000-instant-asset-write-off-extended-what-small-businesses-need-to-know-for-2025-26/

29/05/2026

📢 2026–27 Federal Budget Update

The latest Federal Budget proposes significant changes that may impact:
✔️ Property investors
✔️ Small business owners
✔️ Family trusts
✔️ Capital gains tax planning
✔️ Wealth creation strategies

With proposed reforms to negative gearing, CGT and trust taxation, now is the time to review your tax and investment structures to ensure you are well positioned for the future.

At Roy A McDonald Pty Ltd Accountants, we help individuals, investors and business owners navigate changing tax legislation with practical and strategic advice tailored to their circumstances.

Read our full Federal Budget Summary here:
https://royamcdonald.com/2026-27-federal-budget-summary-what-it-means-for-individuals-investors-business-owners/

📞 Contact our Doncaster team today to discuss how these proposed changes may affect you.

26/05/2026

🎉 Celebrating 30 Years with RAM Accountants! 🎉

A huge congratulations to Trev on reaching an incredible 30-year milestone working with Roy A McDonald Accountants.

Thirty years is a remarkable achievement and reflects the strong professional relationship we have enjoyed over many years. Trev has been a trusted and valued part of our business journey, contributing his expertise throughout that time.

Anyone who knows Trev knows he's been an absolute pleasure to work with and with a sense of humour that's definitely not what people expect from an accountant!

As Trev transitions into semi-retirement and spends more time pursuing his acting opportunities, we couldn't be happier for him. Thank you for the years of support, professionalism, friendship, and plenty of laughs along the way.

Congratulations, Trev, on this fantastic milestone. We appreciate everything you've contributed over the past 30 years and wish you every success in this exciting next chapter. 👏🎭

08/05/2026

🔐 Cyber Safety Checklist for Small Business Owners 🔐

Cyber threats are becoming more common — and small businesses are often a target. Taking a few simple precautions can go a long way in protecting your business and your clients’ sensitive information.

Some important cyber safety tips include:
✔️ Keeping your software and devices updated
✔️ Using strong, unique passphrases
✔️ Enabling multi-factor authentication (MFA)
✔️ Training staff to identify phishing scams and suspicious activity

Cyber security doesn’t need to be complicated. Consistent habits and proactive systems can significantly reduce your risk of cyberattacks.

Read our latest article here:
Cyber Safety Checklist for Small Business Owners https://royamcdonald.com/cyber-safety-checklist-for-small-business-owners/?utm_source=chatgpt.com

If you need assistance with protecting your business systems, record keeping, or implementing stronger business processes, contact our team today.

05/05/2026

We’re proud to support our local community and be part of the wonderful Mother’s Day giveaway at Jackson Court Shopping Centre 💐

At Roy A McDonald Accountants, we love backing local businesses and initiatives—and we’re excited to have contributed a voucher to help celebrate all the amazing mums out there. Enter the giveaway and show Mum some extra love this year!

🌸 MOTHER’S DAY GIVEAWAY 🌸

This Mother’s Day, we’re celebrating the amazing mums in our community with special Jackson Court Prizes from some of our wonderful local businesses 💝
This prize is the perfect way to spoil Mum (or yourself… we won’t tell 😉)

✨ TO ENTER:
1. Follow our page
2. Like this post
3. Tag a mum who deserves to be spoiled (each tag = 1 entry!)
💐 BONUS ENTRY: Share a photo of your shopping at Jackson Court and tag us!

Giveaway closes Friday 8th May at midnight AEST and the lucky winner will be announced shortly after.
Let’s show some love to the mums who do it all 💕

24/04/2026

📌 Becoming a company director is an exciting step — but it also comes with important legal and financial responsibilities.

New directors need to understand their obligations, including acting in the best interests of the company, maintaining accurate records, meeting ASIC reporting requirements, monitoring cash flow, and ensuring the business can pay its debts on time. Taking the right steps early can help avoid costly mistakes and potential personal liability.

Whether you’re starting a new business, joining a family company, or expanding your operations, having the right accounting advice can make all the difference. At Roy A McDonald Pty Ltd Accountants Doncaster, we help directors navigate compliance, structure their business effectively, and stay focused on growth.

📞 If you’re a new director or considering becoming one, contact our experienced team today for practical guidance and peace of mind.

Learn more https://royamcdonald.com/company-director-duties-a-practical-checklist-for-new-directors/

09/04/2026

Understanding your Australian Tax Residency.

Are you an Australian resident for tax purposes? It’s not always as simple as where you live.

Your residency status determines how much tax you pay and what income you must declare — including overseas earnings. Many people assume it’s based on citizenship or visa status, but the rules are far more complex.

The ATO applies several tests, including:
✔️ The resides test (your overall connection to Australia)
✔️ The 183-day test
✔️ Your domicile and permanent home
✔️ Superannuation-related rules for government employees

Getting this wrong can lead to unexpected tax liabilities or missed obligations.

👉 Learn more in our latest article:
https://royamcdonald.com/knowing-if-youre-an-australian-resident-for-tax-purposes/

📞 Need help determining your status? Our team is here to guide you. phone 0398485933