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...
Read MoreBusiness 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...
Read MoreWhat 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...
Read MoreAustralian 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...
Read MoreBusiness 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...
Read MoreBorrowing with your Super Fund
We all keep hearing about people using Their Superannuation Fund to Borrow and Purchase Property. You May Be Asking: Can we do this? What are the Benefits? AND, are there any...
Read MoreTax 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...
Read MoreCapital 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...
Read MoreCompany 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...
Read MoreAccountant 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...
Read MoreMelbourne 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...
Read MoreBAS & 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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