2019 is rapidly drawing to a close and we should start thinking about our plans for 2020. Have you achieved your goals for this year? Did you start the year with a list of things that you said you would get done? We all do this year after year. I know I did. Before Christmas
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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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Our thoughts on the 2019-2020 Federal Budget The Federal Budget for 2019-2020 was announced on 2 April 2019 by Treasurer, Josh Frydenberg. The flavour of the announcements was in sync with a political party fighting for re-election with a typical pre-election cash splash! Prime Minister Scott Morrison, is widely expected to visit the Governor-General in
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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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