The festive season is here! As the year draws to a close, the whole team at McKinley Plowman would like to wish everyone a safe and happy Christmas and New Year, and we look forward to working with you in 2020. What a year it’s been! From the MP+ foundation to regular seminars; the developmentread more
Getting your personal finances in order at the start of the new financial year is nothing new – we even looked at that in a recent article! But what about those of us in business? Whether your 2018/19 financial year was one of your best or one of your toughest, there’s always room for improvement.read more
Starting and running your own business is exciting, challenging and, at times, incredibly busy. Best of all though, it can be one of the most rewarding things you’ll ever do. A common reason for setting up a business is because a person knows that they’re really good at something, and wants the potential flexibility andread more
Do you own a rental property? Off the back of finding that the vast majority of rental property owners are making mistakes on their tax returns, the Australian Taxation Office (ATO) is now scrutinising related deductions closer than ever. This has led to the announcement of increased audit activity, in order to ensure ongoing complianceread more
The dreams of a steady passive income, financial stability and a lavish retirement draw a lot of people to property investment and property development. Whether this comes in the form of subdividing the family block; purchasing an existing home and replacing it with units; or developing a multi-story apartment complex, property development can be lucrativeread more
Christmas is here at last! As the year draws to a close, the team at McKinley Plowman would like to wish everyone a very Merry Christmas. We’ve been privileged to work with awesome clients again this year; seen our team grow; and learned a lot along the way. 2019 is shaping up to be evenread more
For those looking to get into small business, gaining an understanding of the state of the market, competition and current areas of concern is important in guiding business decisions, particularly in the early stages. The Australian Taxation Office (ATO) has recently released some interesting insights into the small business sector, particularly around what small businessesread more
The strength of the small business market in Western Australia appears to be aligned somewhat with the real estate market over the past five years, a trend which is reflected across the country to a certain extent. Nationally, strengthening business conditions should facilitate reasonable selling conditions, while the effects of the Banking Royal Commission hasread more
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