Dan Bates & Associates

Dan Bates & Associates Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Dan Bates & Associates, Tax preparation service, 46 Belgrave Street, Kempsey.

With over 50 years combined experience in Australia, Dan Bates & Associates is committed to providing a comprehensive range of practical accounting services for today's economic environment that help you realise your goals.

REMINDER  Taxable payments annual report (TPAR) due today, 28 August.Please get in touch if you need any help with this.
27/08/2026

REMINDER Taxable payments annual report (TPAR) due today, 28 August.

Please get in touch if you need any help with this.

Standard deduction for work-related expensesThe Government announced a standard deduction up to $1,000 for work-related ...
25/08/2026

Standard deduction for work-related expenses

The Government announced a standard deduction up to $1,000 for work-related expenses for eligible taxpayers as part of the 2026–27 Federal Budget

This measure is now law.

The changes will:
• introduce a standard deduction for work-related expenses of up to $1,000 for Australian tax residents who earn income from work
• keep current arrangements for people who
○ have more than $1,000 in work-related expenses, or
○ earn only business or investment income
• allow some deductions to be claimed in addition to the standard deduction, including
○ expenses that are not work-related, such as investment expenses and charitable donations
○ union and professional association membership fees
○ income protection insurance premium
• prevent people from receiving a double benefit by salary packaging expenses covered by the standard deduction
• update substantiation and capital allowance rules to support the new standard deduction.

The measure will commence on 1 July 2026 and apply to the 2026–27 individual tax return.

The standard deduction does not apply to the 2025–26 individual tax return.

Ask our friendly team of accountants if you would like more information on how these changes affect you!

Reminder if we're lodging your June 26 BAS:The June 26 Business Activity Statement needs to be lodged and paid by today!...
24/08/2026

Reminder if we're lodging your June 26 BAS:
The June 26 Business Activity Statement needs to be lodged and paid by today!
If you haven't already signed your BAS and made your payment, please prioritise it today.

Reminder - Monthly lodgers, your July 26 IAS is due today!
21/08/2026

Reminder - Monthly lodgers, your July 26 IAS is due today!

REMINDER  Taxable payments annual report (TPAR) due 28/8Businesses and government entities who make payments to contract...
19/08/2026

REMINDER Taxable payments annual report (TPAR) due 28/8

Businesses and government entities who make payments to contractors may need to report these payments and lodge a Taxable payments annual report (TPAR).

Contractors can include subcontractors, consultants and independent contractors. They can operate as sole traders (individuals), companies, partnerships or trusts.

The TPAR must be lodged by 28 August each year.

Want more information? Here's the ATO link:
https://www.ato.gov.au/businesses-and-organisations/preparing-lodging-and-paying/reports-and-returns/taxable-payments-annual-reportThe

Tips for Home based business deductions.The ATO says:A home-based business is one where an area of your home is set asid...
18/08/2026

Tips for Home based business deductions.

The ATO says:
A home-based business is one where an area of your home is set aside and used exclusively as a place of business.

The types of expenses you can claim depend on how you operate your business out of your home and the business structure. You can only claim deductions for the business portion of your expenses.

If you do not have an area set aside and used exclusively as a place of business but you do some work from home, you may still be able to claim a deduction for some of your expenses relating to the area you use.

Be aware that running a home-based business may have capital gains tax (CGT) implications when you sell your home.

Here's the ATO link with some more information:
https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/income-and-deductions-for-business/deductions/deductions-for-home-based-business-expenses

If you would like specific advice for your situation please get in touch with one of our friendly accountants.

Reminder if we're lodging your June 26 BAS:The June 26 Business Activity Statement needs to be lodged and paid by 25 Jun...
17/08/2026

Reminder if we're lodging your June 26 BAS:
The June 26 Business Activity Statement needs to be lodged and paid by 25 June.
If you haven't already completed your BAS please get in touch with our friendly team.

Reminder for monthly Activity Statement lodgers - the due date for the July 2026 IAS is 21 August.
13/08/2026

Reminder for monthly Activity Statement lodgers - the due date for the July 2026 IAS is 21 August.

Update on Budget Changes for negative gearing and capital gains tax:On 12 May 2026, as part of the 2026–27 Federal Budge...
11/08/2026

Update on Budget Changes for negative gearing and capital gains tax:

On 12 May 2026, as part of the 2026–27 Federal Budget, the Government announced it would reform negative gearing and capital gains tax (CGT) arrangements.

These measures are now law.

The following changes will apply from 1 July 2027:
• limit negative gearing for residential property investments to new builds
• replace the 50% CGT discount for individuals, trusts and partnerships with cost base indexation and a 30% minimum tax rate on capital gains.

The impact of these changes on existing investments will be limited. Properties held at announcement (7:30pm AEST 12 May 2026) will be exempt from the negative gearing changes, while the CGT reforms will only apply to gains that accrue after 1 July 2027.

If you want to know how these changes impact you please get in touch with one of our Accountants.

This is your friendly reminder to keep all your receipts!Receipts are the first thing the ATO asks for if they select yo...
07/08/2026

This is your friendly reminder to keep all your receipts!

Receipts are the first thing the ATO asks for if they select your Tax Return or BAS for review or audit. Best practice is to keep them all together in a folder (physical or electronic). Be sure you include all the details when you're making an electronic copy.

And if you're using accounting software like Xero you can upload the receipts with the transaction. Too easy!

Give us a call or visit us at www.dkba.com.au if you have any questions.

Address

46 Belgrave Street
Kempsey, NSW
2440

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+61265625815

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