First of all, we request from you details of your expected income and business profits for the 2014 tax year (1 July 2013 to 30 June 2014). This includes all wages / employment income, interest and dividends and rental income received business profits / losses, and any capital gains / losses you expect to make.read more

There’s 3 key things that all business owners MUST consider RIGHT NOW. The Tax, Business Improvement and Wealth Creations teams at MP+ will work with you to deliver significant results. Please read on! 30 June is only 13 weeks after the beginning of April. It's not a long time at all. This year let’s tryread more

Take advantage of the concessional contribution caps before the end of the financial year to help you make the most out of your Super and save you in tax. Concessional contributions are taxed at 15%*, which is generally less than tax paid on your salary or wages. By making contributions up to the cap beforeread more

Tax time can be a daunting time of the year, but with the help of these 12 year-end tax tips, you might just be able to see the light shine through and realise that preparation is a key factor that we can help you with. Bad Debts If you have bad debts that are taxableread more

There are a number of refund scam emails currently circulating. These emails claim to come from the Australian Taxation Office (ATO) and offer a tax refund. Generally, they link to a bogus ATO website asking for personal and credit card details. These emails can differ in their appearance and level of sophistication but will generallyread more

Are you a company Director? If so, are you aware of your PAYGW and SGC obligations? There are potentially harsh consequences for Directors failing to lodge Corporate PAYGW returns (i.e. BAS/IAS) and SGC statements on time. As a Director, if you fail to lodge those returns within 3 months of the required lodgement date youread more

The ATO has recently put together some tools and comprehensive information to assist businesses and individuals to work out whether they are an ‘employee’ or ‘contractor’. Links to the tools and information are below. Employee or Contractor If you are unsure about whether you are an employee or contractor, or whether you could be aread more