The Prime Minster today announced the $2.5bn JobTrainer package to retrain, upskill and open new job opportunities. The ABS labour force statistics were also released today revealing the unemployment rate has risen to 7.4% in June but with the participation rate increasing by 1.3%. Senator Michaelia Cash stated that “the Government remains acutely aware that […]
Category Archives: News
The JobKeeper Payment Scheme
The JobKeeper payment is open to eligible employers to enable them to pay their eligible employee’s salary or wages of at least $1,500 (before tax) per fortnight. Eligible employers will be reimbursed a fixed amount of $1,500 per fortnight for each eligible employee. Employers, the key dates and key actions over the next few weeks […]
The 2nd $66.1bn Stimulus Package: What you need to know
The stimulus measures are not yet legislated. Parliament is in session today. The Prime Minister has warned that there are no “quick solutions” and that business should prepare for 6 months of disruption. In Summary Business Tax-free payments up to $100,000 for small business and not-for-profit employers. An increase in the previously announced initial tax-free […]
The Stimulus Package: What You Need To Know
The main residence exemption changes – will you pay tax on your home?
CGT and the family home: expats and foreigners targeted again
Black Friday and Cyber Monday sale concepts hit Australia
Can the tax office take money out of your account? Your right to know
Super Guarantee Amnesty Resurrected
ATO take ‘gloves off’ on overseas income
Confusion over personal income tax changes
Super, Insurance and Exit Fees: The 1 July changes
What you need to know this tax time
Instant asset write-off threshold and eligibility
One of main tax related items in the recent Federal Budget related to the expansion of the immediate deduction rules for depreciating assets. The amendments in this area received Royal Assent on 6 April 2019 and are law. There are two major aspects of the changes. Firstly, the legislation increases the immediate deduction threshold for […]
Dean Sammut win’s one of Australia’s top industry awards!
It is with great pleasure we are able to announce that Dean Sammut has won one of Australia’s top industry awards. Presented at a black tie event at the Sofitel Wentworth, Dean was presented with the Rising Star of the Year Award at the 2017 Australian Accounting Awards. The awards were hosted by Accountants Daily, […]
2017-2018 Federal Budget Update
We at MMT Accountants + Advisers are here to help you make smart financial decisions now so you can have a beautiful financial future. One way we do that is through careful tax planning! If you haven’t met with us yet, now is the time to contact us to arrange a tax planning meeting, so […]
Dean Sammut is in the running to take out one of Australia’s top industry awards!
Dean Sammut has been shortlisted for the prestigious Australian Accounting Awards, partnered by Thomson Reuters. Dean is in the running to take out one of Australia’s top industry awards and has been shortlisted as a finalist to win the Rising Star of the Year at the 2017 Australian Accounting Awards, hosted by Accountants Daily, Australia’s […]
Glenn Simpson Landscapes wins LNA 2016 Landscape Excellence Award!
We love hearing the success stories of our clients and with the passion and drive of the Glenn Simpson Landscapes team, it is no wonder they are doing so well. Glenn Simpson Landscapes won the “COMMERCIAL & CIVIL CONSTRUCTION UP TO $3 MILLION” Silver Award at the LNA 2016 LANDSCAPE EXCELLENCE AWARDS for the Alice […]
Help combat depression and anxiety by buying a ticket
Hair & Beauty Australia are partnering with beyondblue for this luxury prize draw, valued at over $77,000 – all for charity! You could be driving away in your brand new 5-door Hatch Mercedes-Benz A180, or wearing your beautiful new Diamond Tennis Bracelet, and most importantly supporting beyondblue. Three million Australians are currently experiencing anxiety or depression. […]
Pride & Prejudice: Top Four Predictions for 2017
The global economy is picking up and Australia is about to secure the global record for the longest period a country has gone without a recession. But with the focus on the political environment, there is an uneasiness in the market and with uneasiness comes a reticence to take risks. The fortunes of Australians this […]