Recent Posts by Peter Fawcett

2018 Budget Wrap

What will the 2018 Federal Budget deliver for you? M+S Group Accounting don't pretend to have all the answers when it comes to the impact the proposed Budget changes will have on your day to day life, Australian Business or the overall economy. However, we recommend you read the following articles to help gain an understanding…
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Back to Back Awards – Advance Computing

Front Row (L-R) Bryant Alford, Chris Motton and Mark Schumann Back Row (L-R) Joel Borellis, Steven Worrall (Microsoft Australia MD), Mark Leigh   Advance Computing has once again captured the attention of Microsoft Australia after winning the Transform your Product category (one of only five award categories) at the recent Microsoft Australia Partner Awards.  The company was…
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2018 – Tax Changes

  The below checklist outlines significant changes that are scheduled to operate from the 2017/18 income year. In some cases, implementation of these changes will be dependent on the passing of necessary legislation.     SMALL BUSINESSES AND COMPANIES ƒFrom 1 July 2017, the concessional corporate tax rate of 27.5% will only be available for ‘‘base rate entities’’,…
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Single Touch Payroll – Commences 1st July 2018

Single Touch Payroll starts from 1 July 2018 for employers with 20 or more employees. Through your payroll system you will be required to report payments such as salaries and wages, pay as you go (PAYG) withholding and superannuation information each time you pay your employees. Subject to legislation being passed in parliament, From 1…
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Staff Promotion

Reason to Smile - Maddy Kunowski is M+S Group's most recent employee to be elevated to Accountant. After years of study and dedication to M+S, Maddy has been recognised for her efforts as a Client Manager and promoted to being an Accountant. She will continue to work with Pete George's tax team but will also…
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2017 Volunteer Event Sponsor – Challenge Shepparton

  M+S Group Accounting will once again help sponsor in excess of 300 volunteers over the weekend of November 11-12 for Challenge Shepparton. Challenge Shepparton is an annual triathlon event which offers a range of courses for     different fitness levels at picturesque Victoria Park Lake.   Not only is M+S Group Accounting a sponsor, we are entering both individuals…
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Wine In a Glass

      Congratulations to the Sims family for being recognised as Finalist Manufacturer Of The Year - small business at the recent Victorian State Government Manufacturer Hall of Fame Awards. Captured on photo is Georgia Sims, receiving the award at Crown Casino on behalf of the family Company - Wine In A Glass. In 2016, Wine…
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Budget Report 2017-18

There are numerous reports highlighting what the 2017-18 Budget will mean for you, Australian Businesses and the overall economy. M+S Group Accounting don't pretend to be an expert on what impact all the changes will have on your day to day life. However, we recommend you view the following articles to help gain a broad…
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M+S Software Expo – April 20th

Join the Team at M+S Group Accounting on April 20th for their Software Expo.         M+S Group Accounting have partnered with the four leading accounting software providers and the Australian Taxation Office to present an event which will help explain the future direction of accounting software, reporting features and how this relates to…
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Company Tax Cuts

The Australian Senate  has passed legislation to  reduce the corporate tax rate for all businesses with an aggregate turnover of less than $10 million dollars to 27.5% for the 2016-17 income year. It is also proposed to progressively extend this lower rate to all corporate tax entities by the 2023-24 income year, and further reduce…
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