Rands Tax & Business Consultants

19/05/2026

WHY TRUSTS ARE NOW UNDER THE SPOTLIGHT

Trusts have been widely used for decades by families, investors, and small business owners for:
✔ Asset protection
✔ Tax planning
✔ Wealth distribution between family members
✔ Long-term investment structures

Now, the 2026 Federal Budget discussions are placing greater focus on trust taxation and trust distributions, with proposed changes aimed at reducing income-splitting advantages and increasing scrutiny on how trusts operate.

While the proposed measures are still being discussed, many accountants and business advisors believe these changes could significantly affect:
• Family trusts
• Investment structures
• Property investors
• Small business groups

If you currently operate through a trust, now may be the right time to review your structure and future tax planning strategy.

📲 Message us on WhatsApp to discuss your current structure.

18/03/2026

Planning to buy in 2026? Read this first. 📈

The move to 4.10% doesn't just impact current homeowners—it changes borrowing power for everyone. If you’re currently house hunting, your pre-approval limits may have shifted this month.

Contact Rands Tax & Business Consultants today to book an appointment - https://randstax.com.au/schedule-an-appointment/

18/03/2026

Looks like a deduction… but it might be a tax trap.

Before you claim it, speak with Rands Tax & Business Consultants and get the right advice.

12/03/2026

Maximise your property profits!

Learn how the 50% CGT (Capital Gains Tax) discount works and how you can save on taxes when selling your investment property. Don’t miss out on the tax-saving opportunities available to you.

Ready to take the next step?

Book an appointment with Sally Pietersz, a CPA accountant at Rands Tax & Business Consultants, for tailored CGT advice here - https://randstax.com.au/schedule-an-appointment/

10/03/2026

Thinking of selling your investment property in Australia? Capital Gains Tax (CGT) can significantly affect your final profit if you are not prepared.

Understanding the CGT discount, the 6-year rule, and correct timing of the sale can make a substantial difference to the tax payable.

If you are a property investor in Melbourne or Victoria, planning your CGT strategy before selling is essential.

Read the full guide:
https://randstax.com.au/capital-gains-tax-investment-property-australia/

For tailored tax advice, speak with Sally Pietersz, CPA Accountant at Rands Tax & Business Consultants.

05/03/2026

Long Service Leave mistakes are more common than many Victorian employers realise.

Payroll systems sometimes calculate LSL based on simplified assumptions rather than the correct Victorian Government method using average weekly hours over the entire employment period.

In the example shown:
* Correct entitlement: $9,271.67
* Payroll software result: $8,166.20

That creates a significant Long Service Leave underpayment.

For small businesses, this can quickly become a compliance issue, employee dispute, or backpay liability if not identified early.

If you employ staff in Victoria, it is worth reviewing how your Long Service Leave accruals are calculated.

Book a Long Service Leave review with Sally Pietersz, CPA Accountant today.

Rands Tax & Business Consultants
📞 0434 391 331

25/02/2026

Long Service Leave applies beyond just full-time staff, and small payroll errors can become expensive later.

Rands Tax can help you verify LSL accruals, provisions and continuity rules.

As a CPA accountant, I help small business owners calculate LSL correctly and keep payroll compliant.

Click to book your appointment today - https://randstax.com.au/schedule-an-appointment/

18/02/2026

Long Service Leave applies beyond just full-time staff, and small payroll errors can become expensive later.

Rands Tax can help you verify LSL accruals, provisions and continuity rules.

As a CPA accountant, I help Victorian gym owners calculate LSL correctly and keep payroll compliant.

Click to book your appointment today - https://randstax.com.au/schedule-an-appointment/

16/02/2026

Long Service Leave Victoria can be confusing, especially for small business owners managing payroll and leave provisions. In Victoria, Long Service Leave generally accrues at the rate of 1 week for every 60 weeks of continuous employment, and it can apply to full-time, part-time and eligible casual employees.

As an accountant, I do not just explain the rule, I help you apply it properly by checking your payroll settings, reconciling accruals, and ensuring your Long Service Leave provision is accurate for reporting and cash flow planning.

If you would like a review, contact Rands Tax & Business Consultants.

03/02/2026

https://www.facebook.com/share/p/1Aa1VfzzzL/

The RBA has increased interest rates by 0.25% to prevent inflation from becoming entrenched and harder to control later. Acting early is designed to avoid sharper rate rises down the track.

👉 Check your home loan now before the next RBA move
https://www.randsfinancialservices.com.au/contact-us/

24/01/2026

If you cannot substantiate it, you cannot claim it.

Accurate records for income, expenses, payroll, and assets are essential to meet ATO requirements and avoid adjustments.

Good record keeping protects your business.

0434 391 331 | https://randstax.com.au/