Looking for Tax Time Relief?
Looking for some financial relief this tax season? The Low and Middle Income Tax Offset (LMITO) may apply to you This year has just flown, here at the MMA office we can’t believe that June 30 has already been-and-gone. This year has been challenging for all of...
Budget Summary 2021
The major tax-related measures announced in the Budget, includes the following:- Personal tax rates – there were no changes made to personal tax rates, the Government had already brought forward the Stage 2 tax rates to 1 July 2020. The Stage 3 personal income tax...
Single Touch Payroll
The ATO are rolling out a new payroll reporting system known as ‘Single Touch Payroll’. From 1 July 2017 employers will be able to use the new system to report their gross wages, PAYG Withholding, and super guarantee payments at the same time as they...
THE ATO IS WATCHING
In the ongoing quest to improve tax compliance, the government is proceeding with plans to extend the ATO’s third party data collection powers to include: Sales of real property; Sales of shares and units in unit trusts; Trading sales through merchant debit/ credit...
WINNER Excellence in Professional Services
FINALIST Excellence in Small Business category