With 30 June fast approaching, we thought it would be an opportune time to provide you with a Year End Planning memorandum detailing key dates, recent reforms and tax planning opportunities for you and your business.
MGI Adelaide is pleased to present our summary of the recently released federal budget and its implications for our clients.
This first budget of the new Labor Government delivers a reallocation of resources and a shifting of focus by the government rather than any significant new measures. This budget is aimed at buffering the impact of global uncertainty being agitated by war, floods and the pandemic. Read our full budget analysis.
MGI Adelaide is hosting a live event on Wednesday 17 August 2022 for our SMSF and wholesale clients. Join us to hear from our superannuation services manager Michael Wang and our client, CrowdProperty Australia.
With 30 June fast approaching, we thought it would be an opportune time to provide you with a Year – End Planning memorandum detailing key dates, recent reforms and tax planning opportunities for you and your business.
In 2019 MGI Adelaide Director, Angela Robins and other members of the firm identified a need to build a community around supporting each other and the strong female leaders in their network and client base. From that idea Success Her Way was born.
As of 1 November 2021, local and foreign directors of Australian companies can apply for a director ID. All eligible directors will be issued with
We recently supported our client CrowdProperty Australia with the launch of their company and product to the Australian market. CrowdProperty is an online marketplace platform
Last night, our Treasurer Josh Frydenberg delivered the 2021-22 Federal Budget to Parliament. He emphasised that our economy has recovered strongly post COVID and is
Between April to May 2020, JobKeeper was taken up by 920,000 organisations and around 3.5 million individuals – 30% of pre-Coronavirus private sector employment. On
What’s changing on 1 July? Company tax rate reduces to 26% for base rate entities Cents per km rate for work-related car expenses increase to
News headlines recently stated that casual workers have won the right to paid leave following a decision in the Federal Court. As usual, the devil
The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home. The HomeBuilder scheme targets
DUE TO COVID-19 AND SOCIAL DISTANCING CONSIDERATIONS, MGI ADELAIDE’S PHYSICAL OFFICE IS CLOSED – BUT WE ARE ABSOLUTELY OPEN FOR BUSINESS! Due to the situation created by
Supporting Australian workers and business In a continued effort to support Australian businesses through the impact of the COVID19 pandemic the government has further stimulus
To Our Valued Clients, During this incredibly challenging time, we want to assure you that we are taking steps to safeguard this firm, so we
Eligibility For The Scheme The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the
Written By Jacob Henson: The 2019/2020 South Australian Budget has been announced and Treasurer Rob Lucas has proposed several changes to the Land Tax legislation.
Written by Jayson Palomaria: The financial reporting requirement for large proprietary companies to lodge their annual audited financial reports was introduced back in 1995 aimed
The 2019 financial year is quickly drawing to a close and we believe it is important that all our clients are informed of changes to the
Written by Emily Baulderstone: Have you been taking part in the cryptocurrency market in recent years? If so, are you aware of the tax consequences
30th June 2019 is rapidly approaching, so now is the time for business owners to talk to their Accountants to look at tax planning. Tax
Written by Henry Brennan: Parliament has introduced new laws designed to protect Australia members’ superannuation savings from erosion. The reform aims to achieve this by
On the 2 April 2019, Treasurer Josh Frydenberg handed down his maiden budget. In what was clearly an election year budget, the Treasurer announced significant
Written by Nick Fedele: During the last Fringe Benefits Tax (FBT) year, the Australian Taxation Office (ATO) released guidance outlining their compliance approach when determining
Since the introduction of the Australian Charities and Not-for-profits Commission (ACNC) in December 2012 we often receive queries from confused clients on their reporting obligations
From 1 January 2019, businesses with annual taxable Australia wide wages of up to $1.5 million are not required to pay payroll tax, and the
The technology available to us today means that business activities can be performed from just about anywhere. Some of Australia’s most successful and well- known
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MGI Worldwide is a leading international network of separate and independent accounting, legal and consulting firms that are licensed to use “MGI” or “member of MGI Worldwide” in connection with the provision of professional services to their clients. MGI Worldwide is the brand name referring to a group of members of MGI Ltd., a company limited by guarantee and registered in the Isle of Man with registration number 013238V, who choose to associate as a network as defined in IESBA and EU rules. MGI Worldwide itself is a non-practising entity and does not provide professional services to clients. Services are provided by the member firms of MGI Worldwide. MGI Worldwide and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions.