Networking in the Local Area – Connecting Local Businesses in South Yarra May Shen held a networking event at MAS Tax South Yarra in February, and those who attended took part in valuable business strategy discussions lead by local business...
Read More2016 tax return Forrestfield –What is new!
2016 tax return –What is news from the team at Forrestfield In 2016 tax year, a $20,000 instant asset write-off threshold has been granted to all the small business comparing to the previous threshold of $1000, starting from7.30pm (AEST) 12 May...
Read MoreFinancial Planning
Financial Planning Expanded As you may or may not be aware many accountants have been active in recommending the setup of SMSFs, sometimes then referring the preparation of the SMSF investment plan and other strategic matters to licensed...
Read MoreXero Business Tips
Heave ho ho – How to overvcome festive season business stress from Xero Almost a quarter of Australian small business owners haven’t taken holidays in the past two years, according to new research* by our software experts...
Read MoreCPA South Yarra
The secret life of a CPA Now, beyond the challenge of qualifying as a CPA while working and bringing up teenage kids, May is excited about a future committed to exceptional and personalised taxation and accounting services. With 20 years’...
Read MoreBusiness Structure Advice Dandenong
New Business Set-Up and Business Structure Advice Dandenong Author │ MAS Tax Accountants Dandenong When commencing a business, it is imperative to select the structure which best suits your needs. There are 4 types of business structures...
Read MoreNew Business Advice Dandenong
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...
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