News and Events
What’s New at MKG Partners
Boost Your Super with the Super Co-Contribution
Saving for retirement can sometimes feel daunting, but the Australian Government offers a valuable incentive to help you grow your superannuation (super) savings: the Super Co-contribution. This initiative is designed to assist low and middle-income earners in...
Spouse Super Contributions
Planning for retirement is a crucial part of financial security, and one effective strategy to consider is making spouse super contributions. This approach not only helps in growing your superannuation (super) savings but also offers potential tax benefits. Let’s...
Xero Invoice Templates,Handling Packing Slips and RCTIs
Did you know you can customise your invoices and branding in Xero to better reflect your business identity? You can adjust invoice templates to include your logo, payment terms, and other specific details that showcase your unique brand. This approach helps maintain a...
Claiming Deductions for Vacant Land: What You Need to Know
Owning vacant land can be a valuable investment, but it comes with its own set of tax rules, particularly when it comes to claiming deductions. Recent changes to Australian tax law have placed stricter limitations on the deductions you can claim for vacant land. This...
Rental Expenses Explained: What You Can and Cannot Deduct
As a rental property owner, knowing which expenses you can deduct is crucial for maximising your tax savings and ensuring compliance with the Australian Taxation Office (ATO). This blog will guide you through the various types of rental expenses, including those you...
Rental Income: What Counts and How to Report It
As a rental property owner, it's essential to know what counts as rental income for tax purposes. This blog will guide you through the various forms of rental income and related payments you need to include in your tax return. Declaring Rental Income Any payments you...
Xero Sign for Document Signing
At MKG Partners, we are always looking for ways to enhance our efficiency, security, and client satisfaction. After thorough research and evaluation, we decided to integrate Xero Sign into our document signing process. Here’s why we made this strategic decision and...
How to Easily Sign Up for a New Email Account
Signing up for a new email address is quick and easy, and having multiple email addresses can significantly boost your online security and keep your communication organised. Whether it's for personal use, business transactions, or digital signing, having distinct...
2024 Employer Updates: New Wage and Superannuation Guarantee Rates
The new financial year has commenced with important changes to wages obligations for employers. The National Minimum wage and Superannuation Guarantee amounts have increased. Make sure you have checked if your employee is covered by the National system or the State...
Hubdoc Mobile App Updates
In today’s digital age, efficiency and accuracy in managing financial documents are more crucial than ever. We continually seek innovative solutions to help our clients optimise their operations. That's why we are thrilled to share the latest updates that Hubdoc have...