When capital assets are sold for a profit, Capital Gains Tax (CGT) must be paid. Assets such as real estate, shares, licenses, personal property and even cryptocurrency are characterised as
Read More…
Tasks and responsibilities with hiring as a new business owner. As your small business grows, you will need to hire employees. That’s definitely cause for celebration, but it also comes
Read More…
There have been several Federal/ State Government relief packages announced recently for NSW and Victoria. However, the exact dates as to when applications become live have not been released for
Read More…
Time management is a critical resource in every business venture, big or small. It also has an impact on more than simply your supporting company’s operations. As the classic saying
Read More…
The Australian Tax Office (ATO) have now extended its lifestyle assets data matching program for the 2020-21 financial year through to 2022-23. This allows the ATO to acquire insurance policy
Read More…
After last year’s record-breaking amount of lodgements received by the ATO on 1 July, the ATO stated they will not begin the full processing of 2021 tax returns until 7
Read More…
We are already a week into the new financial year and now is the perfect time to ask yourself, “Is it time to review my business structure?” The business
Read More…
Cryptocurrency Crackdown by the ATO before tax time ATO analysis reveals that amid the pandemic and growing interest in cryptocurrency, more than 600,000 Australian taxpayers have invested in crypto assets.
Read More…
Work From Home & Travel Expense Claims The ATO has urged all taxpayers that personal expenses, such as coffee, tea and toilet paper are not directly related to earning income
Read More…
July 1 is a very important day, changes with super guarantee and single touch payroll (STP) means you and your business must be prepared. Superannuation Guarantee Increase Employers, now
Read More…
03 9374 8400
1300 MKS XERO
enquiries@mksgroup.com.au
