People often ask me “Why do you do it?…..Tax?”
This question has been posed to me over and over again. After all, Tax is boring right? My Response? I explain that for me it’s not about being...
Mackay & Associates Wins Business of the Month!
Mackay and Associates Accountants & Business Advisors has won Business Armadale’s Business of the Month Award for July. We are looking forward...
Deductions for small business entities
Small business entities (companies, trusts, partnerships or sole traders with total turnover of less than $10 million) will qualify for a raft of...
Tax planning
With the end of the 2018 income tax year rapidly approaching, this issue draws attention to year-end tax planning strategies and compliance matters...
Small business CGT concessions
If you’re selling a business that has an aggregated turnover of less than $2 million (a “CGT small business entity”) or the value of its net CGT...
Lower company tax rates and imputation
Company tax rates are falling in Australia. Companies carrying on a business with turnover of less than $25 million will pay a rate of 27.5% in...