Tax Compliance Archives - Page 5 of 10 - MB+M Group
ATO Increasing Emphasis On Debt Recovery
Tax Compliance
  • May 14, 2021

ATO Increasing Emphasis On Debt Recovery

Taxpayers falling behind on tax debts and lodgement obligations can soon expect contact from the ATO in the wake of JobKeeper ending.

The change in approach comes after the ATO began sending letters to taxpayers in February to warn them of potential sterner action if they failed to make good on their obligations and had refused to get in touch with the Tax Office.

The ATO has stated that from the end of March 2021, where appropriate, penalties will resume.

Taxable Payments Annual Report Includes New Industries for 2020
  • August 19, 2020
Taxable Payments Annual Report Includes New Industries for 2020

The MB+M Compliance team brings you an update on the taxable payments annual report (TPAR). The TPAR reports to the ATO information about payments made to contractors for certain services. This year’s Taxable Payments Annual Report Includes New Industries for 2020 as explained in the article..

Your PAYG Withholding & BAS Statements are due on 21st
  • August 14, 2020
Your PAYG Withholding & BAS Statements are due on 21st

his reminder comes from the MB+M Compliance team to provide you with a “heads-up” that your PAYG Withholding & BAS Statements are due on 21st August. They outline what you will need to review before finalising each of these statements. If you have questions, or need some assistance, then you can contact the Compliance team on 03 5821 9177.

ATO Support For Stage 4 Restrictions in Victoria.
  • August 07, 2020
ATO Support For Stage 4 Restrictions in Victoria.

If you’re struggling to meet your current ATO deadlines and commitments please reach out. Read further to understand what options are available to ease the pressure from the ATO and what the ATO Support For Stage 4 Restrictions in Victoria means.

Six Reasons To Look at Your Financial Reports
  • August 05, 2020
Six Reasons To Look at Your Financial Reports

The MB+M Business Services team provides some expert advice on why reviewing financial reports monthly is a must do activity. The article covers what reports, the six reasons to look at your financial reports regularly, and the benefits in doing so. If you have questions after reading the article, call MB+M and speak with one of our leading Business Advisors.

Xero’s short-term cashflow feature for businesses
  • July 30, 2020
Xero’s short-term cashflow feature for businesses

For most businesses, income and expenditure don’t always happen at the same time so focussing on strong cashflow management is vital. We can help with that.

Payroll Updates: Minimum Wage Award Changes & Parental Leave
  • July 29, 2020
Payroll Updates: Minimum Wage Award Changes & Parental Leave

Employers, there are payroll changes you need to know about! Parental leave now has greater flexibility and there are changes to some awards that apply now and others that will be implemented in stages. We can help make payroll easier.