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Yates Baker McLean
Accounting and Business Advisory Firm
Accounting and Business Advisory Firm
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Is your data protected? New regulations for the transfer of data and software security have certainly brought this to front of mind, and not without frustration. This year has seen a significant increase in all things data security, and we all have no choice but to comply.

#ybm #ybmorange #ybmbathurst #ybmmolong #XERO #2FA #accountant #tax

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Single Touch Payroll – the term has been thrown around a bit in the last few months, but what does STP mean for you? Despite fears of additional paperwork, STP means less reporting is required at BAS time, and should also lead to less paperwork at the end of the year!

#ybm #ybmorange #ybmbathurst #ybmmolong #STP #singletouchpayroll

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It has been said that “farmers are the only ones in our economy who buy everything at retail, sell everything at wholesale and pay the freight both ways”…

YBM have looked back 12 months at some interesting figures impacting our farming clients.

#ybm #ybmorange #ybmbathurst #ybmmolong #farmers

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Emergency Drought Relief – some practical tips

Welcomed by many, criticised by others, the reality is that some government relief is available for many of our farmers affected by drought. Many ag providers, including YBM, are offering face-to-face assistance with claims, so be sure to access this if you need it.

#ybm #ybmorange #ybmbathurst #ybmmolong #droughtrelief #farmers

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Applications are now open for Drought Transport Subsidies and YBM would love to help you.

Please contact YBM for further information or assistance in submitting your claim. We are here to help!


#ybm #ybmorange #ybmbathurst #ybmmolong #droughtrelief

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Do you know if you're eligible to claim motor vehicle deductions in your income tax return? Kel Lech from our office steps you through the requirements to be able to claim this deduction.

#ybm #ybmorange #ybmbathurst #ybmmolong #tax2018

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Are you looking for a new accountant? Are you wanting to understand what you can and can't claim?

YBM is your go to firm for all taxation needs. Give us a call and make an appointment to see us in our new office in Bathurst or our Orange or Molong office.

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In an effort to provide assistance to our farming clients, YBM have recently been in touch with RAA. Excitingly, we have found some subsidies available for business advice. Yes, subsidies, not just low interest loans!

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Legislation that came into law in the last half of 2017 makes certain measures first announced with the 2017 Federal Budget now a reality. The measures will apply from July 1, 2017, so will affect returns for the current financial year.

However the changes to depreciation are dependent on when assets were purchased.

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As you may be aware, you have until 30 June 2018 to utilise the write-off threshold of $20,000. If you buy an asset and it costs less than $20,000, you can claim an immediate deduction in your tax return for the business portion of each asset (new or second hand) costing less than $20,000.
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