Are you conducting a business or is it just a hobby? Author │ MAS Tax Accountants Dandenong A hobby is defined as a pastime or leisure activity undertaken for one’s recreation or pleasure. It is critical to understand the difference because...
Read MoreSmall Business CGT Concessions – MAS Tax Dandenong
Author │ MAS Tax Accountants Dandenong The small business CGT concessions allow qualifying small businesses the ability to fully disregard or reduce capital gains made by a small business. The rules apply to both business assets and ownership...
Read MoreSuperstream – Tax Accountants Dandenong
What is Superstream? Understand your Bookkeeping and Accounting Author │ MAS Tax Accountants Dandenong “SuperStream” is the name given to measures introduced by the Federal Government to ensure employer contributions are paid in a consistent...
Read MoreSouth Yarra office update Aug 2015
Out and about in South Yarra: May Shen from MAS Tax was seen recently at the MHS International Night Dinner On Saturday 22nd August Melbourne High School’s Memorial Hall became a colourful ‘Hawkers Market’ where guests enjoyed food from over 15...
Read MoreClaim your home internet
So you want to claim your home internet on your income tax return? Firstly if you use your home internet for work or business use then yes you can claim it! The issue is if you also use your home internet for non income generating activities...
Read MoreTrust Advice South Yarra
A Brief Introduction to Business Structures – Trusts A trust is a relationship between two or more persons and certain property and there must be specific property involved for the trust to be functional. The use of trusts was developed in...
Read MoreTop 10 Accounting Firm
Congratulations to Chris Ambler the owner of our ACT office on being awarded as one of the top 10 Accounting firms in the entire ACT! Chris has been working hard to deliver a high level of service to his clients, particularly business...
Read MoreSouth Yarra Update
A quick update for Savvy South Yarra locals: something challenging is happening in your own backyard, every Sunday from now until October. The filming of the new series of “Have You Been Paying Attention?” is open to the public so you can join...
Read MoreFinancial Tips – Credit Cards
Financial management 101 So you are starting to think its time to “get ahead” financially and wondering what to do first? Should you buy property, contribute to super, maybe buy some shares? Bad news is its none of these, if you have...
Read MoreGreek Financial Crisis in plain English – maybe
Are you wondering what is really going on in Greece? If you had a little brother who asked for (yet another) loan and you knew he couldn’t pay back what he’d previously borrowed, even if he took this next instalment to the track and won the...
Read MoreTax Advice St Ives
Quick Tax Update – CHANGE TO SUPERANNAUTION CONTRIBUTION CAPS The salary sacrificing or “concessional” cap for superannuation is to be increased to $30,000 for the 2014-15 year, up from the current amount of $25,000. The cap is the limit on...
Read MoreWhat to bring for Investment Properties – MAS Tax Dandenong
What to bring for Investment Properties Appointments – MAS Tax Dandenong Author │ MAS Tax Accountants Dandenong Delivering services to the Dandenong and surrounding areas, the experts at MAS Tax Dandenong can assist you with managing your...
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