Want a free dinner at Gip’s Restaurant? Complete our survey.

Clear Vision • November 10, 2015

Want a Free Dinner at Gip’s Restaurant?
Have you completed our 6 Question Survey?
We want to know what our clients think so we’ve compiled a quick and easy 6 question survey.
Answers can be anonymous, however to go into the draw to win a $100 voucher for Gip’s Restaurant a name has to be submitted – so we know who to give the prize to!
If you haven’t seen the survey click on this link – we appreciate your feedback.
If you have already completed the survey – thank you!
The lucky person will be notified at the end of November so watch this space to see our winner!

Gossip…

Our Footy Tipping Competition came to a close in October – and it was a close race to the finish!
The winner – Jodi won 2 nights at the Bunya Mountains – hope you have a lovely weekend Jodi!
2nd place went to Dave, and 3rd to Daniel who each won a bottle of wine. Karran, the lucky random winner won a voucher from Dan Murphy’s – hope you have fun with that Karran!
ATO Demands
Recently the ATO have increased their activity against businesses and individuals with overdue tax debts.
This activity has resulted in businesses and individuals receiving letters of demand for outstanding debts. As the ATO is moving to collect overdue amounts a number of wind up applications have been issued.
Prioritising payment of an ATO debt will avoid further debt and the potential of legal action.
Alternatively if you find yourself unable to pay the debt speak with us to establish a payment plan with the ATO. Plans can be created to suit your budget thus alleviating further pressure from the ATO and debt collectors.

gbc
Global Business Camp Explained
With so much great feedback received from last year’s Global Business Camp we are already taking bookings for 2016.
Click here if you want more information on how attending a Global Business Camp with us may just be what your business needs to move forward.
If you want more information on the 2016 Global Business Camp contact Justin on 07 4688 2500.

lifeline
Want to Help a Local Family?
You may have already read that Clear Vision in conjunction with Lifeline Toowoomba are raising money for a local Toowoomba family with their Back To School Supplies for 2016.

We have had some fantastic donations but we need more! Back to School time is expensive and with 5 school aged children this family is looking at costs over $1000 to supply their kids with shoes, uniforms, text books and backpacks.

We are asking our clients to create some “warm & fuzzy feelings” by helping us raise money for this local family. You may notice at the bottom of our invoices is a new donation section, simply tick the box and write the amount you would like to help with. Or simply call us with your donation!

Don’t be on the ATO’s naughty list in 2026

By Caroline Gillies • December 11, 2025
The ATO is cracking down on people who claim too many tax deductions for properties that they use both personally and as rentals — especially holiday homes. A new draft ruling says that if you use a property for both personal use and renting it out, you must split (apportion) the expenses in a fair and reasonable way. You can only claim deductions for the portion of time or space used to earn rental income. If the ATO thinks your property is really a holiday home — for example, you block out peak times for your own use and only rent it occasionally — they can classify it as a “leisure facility.” If that happens, you cannot claim big expenses like mortgage interest, council rates, land tax or maintenance. You’ll only be allowed to claim small costs like cleaning, advertising and platform/agent fees. The ATO says many owners of holiday homes have been claiming too much by showing “rental losses” every year. They are now looking more closely at cases where the owner keeps the property unavailable for rent during busy periods.  How do I stay off the ATO naughty list? If you mix personal use with rental use, be careful. Only claim the rental part of your expenses, or the ATO may deny most of your deductions.

ATO Small Business Superannuation Clearing House (SBSCH) Closure

By Caroline Gillies • October 17, 2025
From 1 October 2025, the Australian Taxation Office (ATO) officially closed the Small Business Superannuation Clearing House (SBSCH) to new users. Thanks to the efficiencies of Xero, this change does not impact Xero clients, as Xero includes its own built-in auto-super functionality. This means employers can make superannuation payments directly through Xero—without needing to access the ATO’s separate clearing house service. Key Dates and Details No new users: From 1 October 2025, the SBSCH stopped accepting new registrations. Full closure: The SBSCH will be fully decommissioned on 1 July 2026. Existing users: Businesses currently using the SBSCH can continue until 30 June 2026 but are encouraged to transition to an alternative solution before this date. At Clear Vision Accountancy Group, we highly recommend Xero as an efficient, streamlined, and ATO-compliant payroll and superannuation solution. If you’d like to discuss transitioning your business to Xero, call our team today on (07) 4688 2500 — we’re happy to help.

What Records to Keep for Your Rental Property

By Caroline Gillies • August 3, 2025
If you own a rental property or holiday home, keeping the right records is key to maximising your tax deductions and staying ATO-compliant. This week, we’re highlighting what the ATO expects you to keep when it comes to residential rental properties. Here’s a quick checklist of the documents you should hold onto: Purchase & Sale Documents – Contracts, settlement statements, and legal documents. Loan & Ownership Records – Loan statements, refinancing documents, land tax assessments. Rental Income – If you don’t have a rental statement you will need to document all rental income received, including bond money retained, insurance payouts, and any other reimbursements. Expenses & Repairs – Keep receipts and invoices for expenses like advertising for tenants, property agent fees, council rates, strata levies, repairs, maintenance, insurance, and interest on loans. Depreciation & Capital Works – Receipts for assets over $300, depreciation reports, and capital improvement records. Before and after photos of any capital works. Holiday Home Use – If your property is rented out part-time, you’ll need evidence of when it was genuinely available for rent (e.g. booking requests, advertising, availability calendars). How long to keep records: You’ll need to keep most records for at least 5 years after lodging your tax return, or longer if claiming capital works or carrying forward losses. Keeping detailed records ensures you claim everything you're entitled to—and makes things much easier in the event of an ATO audit.  Need help getting your documentation in order? Reach out to our team at Clear Vision Accountancy Group—we’re here to help. To read a more detailed list of items you need to keep for your rental property visit: Records for rental properties and holiday homes | Australian Taxation Office