Depreciation 2012

Small Business Depreciation – Changes From 1st July 2012 What happened after 1st July 2012 The small business instant asset write-off threshold has increased from $1,000 to $6,500 Small businesses can claim an accelerated initial...

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Business KPIs

When you drive a car, have you ever noticed how important the indicators on your car dashboard? It tells you how much fuel in your tank, how hot your engine temperature, how stable your vehicle stability control, how safe your airbags, what speed...

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What is Tax?

What is Tax? Tax is enforcing a financial charge or other levy upon an individual or legal entity by the government, failure to pay is punishable by law. Taxes are also imposed by many administrative divisions. Taxes can be direct tax or indirect...

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Australian Tax

Australian Tax – A Brief History The first taxes in Australia were raised to help pay for the completion of Sydney’s first gaol and provide for the orphans of the colony. Import duties were put on spirits, wine and beer and later on...

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Business Benchmarking

One way to analyse a business performance is through “Benchmarking”. Benchmarking activity is comparing your business performance against other businesses in the same industry – so you’re comparing an apple with other apples and NOT with oranges...

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Tax Return through Email

When we live in a world where the technology is so advanced, why do we need to physically go to the tax agent to lodge the return? Who has time to waste waiting, until the tax agent finish preparing the return? Isn’t it easy for you to just email...

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Capital Gains Tax Overview

Capital Gains Tax Overview A capital gain occurs when you sell a capital asset for more than what you paid for it. Most property is considered a capital asset. You have to pay for the capital gain made in current income tax...

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Company Tax Return Edithvale

Company Tax Return Edithvale – welcome to MAS Tax Accountants Melbourne head office  When you decide to operate your business as a company, then you are liable to lodge an annual company tax return showing your taxable income and the amount...

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Accountant Cranbourne

Your Local Tax Accountant Cranbourne / Clyde North Working with individuals and businesses to manage their tax and accounting responsibilities, our expert team can help you during tax season and throughout the year. Our Tax Accountant Cranbourne...

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Melbourne Bookkeeping

Melbourne Bookkeeping Bookkeeping involves the recording of financial transactions by an individual or an organisation, and it is essential to all businesses. As a Business Owner, it is your duty to keep accurate and true accounting records for...

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BAS & IAS Melbourne

Expert BAS & IAS Melbourne Services  The Business Activity Statement (BAS) is a form submitted to the Australian Taxation Office by all businesses to report their taxation obligations. Before the business start completing the BAS, make sure...

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