Important Updates for Business Owners
compliance
  • November 03, 2021

Important Updates for Business Owners

With another BAS Period coming to a close, Matthew McDowall from the Xero team has put together a short video describing a recent addition to the GST Activity Summary report, Unfiled GST Amounts.

Xero have added this new feature to pick up the transactions that can sometimes get missed when completing your activity summary due to timing of transactions and coding.

Xero Activity Statement Reporting – Unfiled GST Amounts
  • October 04, 2021
Xero Activity Statement Reporting – Unfiled GST Amounts

With another BAS Period coming to a close, Matthew McDowall from the Xero team has put together a short video describing a recent addition to the GST Activity Summary report, Unfiled GST Amounts.

Xero have added this new feature to pick up the transactions that can sometimes get missed when completing your activity summary due to timing of transactions and coding.

Commercial Rent Relief Scheme reintroduced
  • August 31, 2021
Commercial Rent Relief Scheme reintroduced

The Victorian Government has announced the reintroduction of the Commercial Tenancy Relief Scheme with the aim of supporting tenants and landlords to negotiate, in good faith, to reach an agreement on rent relief.

Support for small regional businesses
  • August 30, 2021
Support for small regional businesses

The Australian government has recognised that small businesses are the cornerstone of our regional communities and know that many are doing it tough at the moment and, to that end, has introduced the Drought Communities Small Business Support Program (DCSBSP).

Succession planning: are you ready?
  • August 11, 2021
Succession planning: are you ready?

In his 20 years at MB+M, Relationship Manager Anthony Pearson CA has helped farmers and families with succession planning. 

Here’s his advice for starting a succession plan – and why you should do it earlier rather than later. 

Incoming Wage Theft Laws: Victorian Employers Warned.
  • July 06, 2021
Incoming Wage Theft Laws: Victorian Employers Warned.

A warning has been issued to Victorian employers ahead of new wage theft laws coming into effect from 1 July

The new laws, which made Victoria the first state to criminalise wage theft announced last year, will see employers who withhold a range of entitlements face fines of up to $198,264 for individuals, $991,320 for companies and up to 10 years’ jail time.

Orchardists: Great Tax Tips for 2021
  • July 01, 2021
Orchardists: Great Tax Tips for 2021

With the end of the financial year fast approaching, everyone is looking to their taxes, no more so than Orchardists. Chances are tax will take up a bit of your time – but are you making the most of the opportunities it presents? MB+M’s Anthony Pearson, provides orchardists with great tax tips and reminders for 2021

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