The May 2026-27 Federal Budget had more in it than most — and that’s an understatement. Treasurer Jim Chalmers has called it the most ambitious in decades, and while a…
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Capital gains tax has been part of Australia’s tax system since 1985, but right now it is getting more attention than it has in decades. With the federal budget due…
Simon KermodeSimon Kermode is a Director of MBC Group Services with extensive experience in accounting, bookkeeping and tax across a wide range of industries. He takes a practical, long-view approach…
In a significant shift for Australian employers, the federal government has confirmed that “Payday Super” will become mandatory from 1 July 2026. This means that employers will be required to…
With new legislation fast approaching — including Payday Super in July 2026 and the closure of the ATO’s Small Business Superannuation Clearing House (SBSCH) — relying on outdated systems or…
Tax file number (TFN) fraud is one of the fastest-growing forms of identity theft in Australia—especially during tax time. With so many people logging into their myGov accounts, submitting tax…
Running a trade business in Australia is incredibly rewarding, but let’s face it—getting paid on time can be one of your biggest headaches. Whether you’re a builder, plumber, electrician, or…
As the end of the financial year (EOFY) creeps up, business owners everywhere brace themselves for the usual chaos—last-minute paperwork, missing receipts, and the stress of not knowing how much…
The end of the financial year often feels like the finish line, but it’s the starting block for innovative businesses. EOFY gives you a rare moment to reflect, reset, and…
The end of financial year can sneak up fast — and for many business owners, it’s easy to fall into “scramble mode”. But a little strategy now can mean a…
