Happy New Financial Year 2024

Happy New Financial Year 2024

MDB Taxation & Business Advisors Wishes You a Prosperous New Financial Year! As the new financial year begins, we at MDB Taxation & Business Advisors would like to extend our warmest wishes to all our valued clients, partners, and friends! The new financial...
How to Avoid the ATO’s Crypto Crackdown and Keep Your Profits

Super changes apply- don’t get caught short

To avoid additional costs (including the superannuation guarantee charge (SGC)), you must pay the right amount of super for all your eligible employees by the quarterly due date. Whether you’re paying super weekly, monthly, or quarterly it’s important to...
Single Touch Payroll update

Single Touch Payroll update

Phase 2 coming soon The ATO is expanding the information that businesses send through Single Touch Payroll (STP). From 1 January 2022, most employers will be required to send additional information such as the commencement date of employment and cessation date of...
Can I be released from my tax debts?

Can I be released from my tax debts?

As the economy adjusts to the removal of most COVID-19-related government support measures, coupled with the slow national vaccination rollout and mostly closed international borders, there is no doubt that many Australians are facing financial difficulties in the...
ATO data-matching targets rental property owners

ATO data-matching targets rental property owners

The ATO has announced it will run a new data-matching program to collect property management data and will extend the existing rental bond data-matching program.  The ATO has announced it will run a new data-matching program to collect property management data for...