Do you feel as though you’re in a rut? Do you feel like you’re not engaging or entertaining? This can be quite normal for a business owner who is always feeling like nothing is being achieved. When you are ready to start steering into the right direction, and you don’t want to settle for a
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We all have things we would like to accomplish in our lifetime. Often, these aspirations are dismissed as unrealistic or outside the realm of possibility. But you can do and accomplish anything you believe in. With the right attitude, you can make your dreams come true and experience the fulfilling life you were born to
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We are now half way through the first month of the new financial year. I would be very interested to learn how many business owners out there have actually worked with their accountant to set a budgeting strategies for the 2019-20 financial year. Many business owners out there are busy #getting #shit #done and done
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It’s the beginning of a new financial year, meaning it’s an important time for you to ensure your tax affairs are in order. Lodging your tax returns or preparing to lodge them can mean stress and panic – which means it’s the perfect time for scammers to strike and deceive innocent tax payers to give
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On 24 May 2018, Minister for Revenue and Financial Services announced the commencement of a 12 month Superannuation Guarantee (SG) Amnesty. This is a one-off opportunity for employers to self-correct any non-compliance with employer SG obligations without penalty. The Amnesty will be available from 24 May 2018 to 23 May 2019, subject to clearing parliament and sealed
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WHAT IS SINGLE TOUCH PAYROLL? Single Touch Payroll is a Government initiative that will change the way you report on your payroll to the ATO from 1 July 2018. Under Single Touch Payroll (STP) businesses will report on salary or wages, pay as you go (PAYG) withholding and superannuation directly to the Australian Taxation Office
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Scott Morrison’s 2018 – 2019 Federal Budget Speech Spruiked Tax Relief for families in the form of a fairer and simpler tax system, Banking on Business to drive the economy, Guaranteeing Essential Services for all and Securing Australia, all while living within our means. With an election looming next year, the general thought was that
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In spring of 2017, I found myself doing the obvious “spring cleaning” at home with my wife. Our team at MKS Group also used a “Spring Clean” theme for the spring quarter to get our office in order – clear the back log of work, clean up our office, clean up our act, lose the
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Did you know that every Family Trust is required to make a resolution before 30 June each year as to who will be receiving the profits of the Trust? And, that you also need to note how much each person will be receiving. If the Trustee of the Trust fails to do this, then the
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Thank you to our amazing team for all the support and dedication which has led to MKS Group achieving the ‘Service Excellence in an Accounting Business’ award at this years Panalitix’s Accountants’ Conference. On the 26th – 30th April MKS Group was represented at the annual Panalitix’s Accountants’ Conference (The PAC 2017) on the Sunshine
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