Tax Tips for Property Investors

If you have income from investment properties, now is the time to gather your records and reviewing your expenses for the 2021 financial year. Tax tips for investors highlights what you need to do.

Tax Planning Part 3: Why Use A ‘Bucket Company’

In Tax Planning Part 3: Why Use A ‘Bucket Company,’ Matthew McDowall, Accountant Adviser, explains how the use of a bucket company can reduce tax liabilities to substantially below 47% to a potential taxable amount of 25%.

Tax Planning Part 2: Trust Distribution Resolutions

In Tax Planning Part 2: Trust Distribution Resolutions, Matthew McDowall – Accountant Adviser, explains why distributions into Discretionary/Family trusts will need to be completed by 30th June each year to advoid paying 47% tax.

Tax Planning Part 1: Secrets To Minimising Your Tax

In Tax Planning Part 1: Secrets to Minimising Your Tax, Matthew McDowall – Accountant Adviser, explains the secrets of minimising your tax and increasing your wealth.

Prepare for Finalising Single Touch Payroll

Prepare now for finalising Single Touch Payroll data. Large employers (with over 20 employees) must complete the finalisation declaration by 14 July. Small employers (with 19 or fewer employees) have until 31 July to complete the finalisation.

Read on to get more information on what is required.

You can contact MB+M on 03 5821 9177 and of our expert accountant help you in the finalisation of STP for this financial year.

Common & Specific Tax Deductions For Small Business

There are many common & specific tax deductions for small business. Then there are other expenses that are specific to the nature of the goods or services the business provides. Are you claiming all the tax deductions that you are entitled to?