Blog

Blog

Thank you

I would like to thank my staff and clients in helping MCA reach its fifth year. Without you this would not have been possible. Thanks to the staff for their dedication and assistance. You truly are my greatest asset. My clients who I have grown with and have helped me grow through your referrals has taken the firm further than [...]

TBAR Reporting

Following reforms to the superannuation funds and the capping of pensions, the Australian Taxation Office (ATO) have now brought in measures requiring trustees of self-managed superannuation funds (SMSFs) to report events affecting individual members' Transfer Balance Caps (TBCs) in 'real time' from 1 July 2018. The ATO have developed a new form, called ‘Super transfer balance account report” (TBAR) to [...]

Single Touch Payroll

The Australian Taxation Office have introduced changes on the way business meet their payroll compliance obligations, with effect for most businesses as from 1 July 2018. The purpose of this new measure will be to streamline the reporting and collection of real-time data by the regulators. It will be mandatory for all employers who have 20 or more employees (not [...]