Latest News

The latest news in finance for McFillin Accounting.

 

Are you Getting the Most out of Your Accounting Software?

At McFillin our preferred accounting software is Xero. If you are not already familiar with Xero, you can learn more on their website here. Xero has many features available to make running your business easier. If you are new to using Xero, or already use Xero every...

2-Step Authentication – What to do When You Get a New Phone

2-Step Authentication (2FA) is that additional layer of security in your login process that provides a little extra peace of mind when it comes to protecting your accounts and identity from cyber breeches.  The favoured 2FA login option is obtaining the six digit code...

Director Identification Numbers

From November 2021, directors will need to verify their identity as part of a new director ID requirement. A director ID is a unique identifier that a director will apply for once and keep forever. It will help prevent the use of false or fraudulent director...

Team Profiles

Cam Overs Director Cam is a driven person and works tirelessly, both in the office and at home with his wife Danielle and two children. His parents taught him to give 100% every time you do something, to never give up and no matter the result, get back out there and...

Single Touch Payroll (STP) for Closely Held Payees

The ATO have announced that they will allow deferral of Single Touch Payroll (STP) Phase 2 transition (for closely held payees). Where employers can start reporting from 1 January 2022, the ATO will support and encourage them to transition. If employers can start...

NSW CoVid-19 Support Grants

The New South Wales Government has numerous COVID-19 support grants including the following: JobSaver payment If your business has an annual turnover between $75,000 and $250 million and you’ve experienced a decline in turnover of at least 30% due to COVID-19...

Qld CoVid-19 Support Grants

Don’t Forget! COVID-19 Business Support Grant applications are still open. Applications will remain open until: 16 November 2021 for eligible employing businesses; and 30 November 2021 for eligible non-employing sole traders. Additionally, the Queensland Government...

Changes to Super for Employees from 1 November 2021

From 1 November 2021, if you have new employees start and they don’t choose a specific super fund, you may need to request their ‘stapled super fund’ details from the Australian Taxation Office. A stapled super fund is an existing account that is linked, or ‘stapled’...

Your 2021 Business End of Financial Year Reminders & Action Items

ATO PAYMENT DEFERRALS We can liaise with the ATO and negotiate a deferral or repayment plan if you are having trouble paying any ATO liabilities. Please contact us immediately if you would like our assistance with this. SINGLE TOUCH PAYROLL If you are reporting...

Ready for Straight-Talking Advice?

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Brisbane

07 3263 7030
Suite 3, North Park Business Centre,
6 Babarra Street, Stafford

PO Box 6133, Mitchelton, QLD 4053

tax@mcfillin.com

Sunshine Coast

07 5452 7811
1/134 Alexandra
Parade,
Alexandra Headland

PO Box 181, Mooloolaba QLD 4557

tax@mcfillin.com