Latest News

The latest news in finance for McFillin Accounting.

 

Tax Checklists

Simple tax checklists that help you avoid the hassle We want to make the tax return experience as convenient and simple as possible, and to ensure that you get the maximum refund. To assist in this process, it's important to be prepared with some items of information...

Adwords Advertising – Special Offer

Avoid these mistakes and bring in more affordable leads with Adwords   Adwords is an excellent way to bring in leads for many businesses - if it's set up and run correctly. If you're not familiar with adwords, it's the group of ads that appear when you search for...

Federal Budget Review 2017/18

Australian Federal Budget Review – 2017/18   Write off for Small Business - Instant $20,000 extended for further 12 months to 30 June 2018 The threshold amount was due to return to $1,000 on 1 July 2017. As a result of this announcement, SBEs will be able to...

Changes to Backpacker Tax Withholding Rates

International Tax for Individuals Coming to Australia on Working Holiday Visas   From the 1st January 2017 there are new changes to backpacker tax withholding rates. Employers need to be aware that they will need to take out more tax from any employees who are on...

Operators of Trust Accounts – Fact Sheet

QUICK TIPS FOR AUDITS OF TRUST ACCOUNTS Tip  One You need to maintain proper records for all funds held on trust at all times, failure to do so could result in fines and penalties. Tip Two You will receive two unannounced examinations from the auditor each financial...

Claiming for Travel Expenses

Itinerant "flexibility" not so flexible It is generally assumed that there is a degree of flexibility within the tax law over particular work travel claims that arise where the nature of the employment is deemed to be itinerant. If you do itinerant work (or have...

Building & Construction Industry – Taxable Payment Report

Taxable Payment Reports - Building & Construction Industry Businesses in the building and construction industry need to report the total payments they make to each contractor for building and construction services each year. You need to report these payments to...

In 2016 ATO is Targeting Work-Related Expenses

In 2016 ATO is Targeting Work-Related Expenses

Work-Related Expenses - Are you Claiming Correctly Every tax season the ATO has a specific set of targets, and this year it's work-related expenses. The ATO hopes to expose individuals who deliberately rort the system. The Tax Office has implemented a new technology...

SUPERSTREAM

SuperStream - Are you compliant! What is SuperStream? Superstream has been introduced to ensure employer contibutions are paid in a consistent, timely and efficient manner. As an employer you are required to: send all contribution data electronically in a standard...

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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