News and Events
What’s New at MKG Partners
Payroll Returns to Xero Ignite and Grow Plans
If you’re a small business owner using Xero, you may remember the shake-up to plan structures last year. While the intention was to simplify the lineup, many users—especially those with just a few employees or who simply needed to pay themselves—found the changes a...
ATO Focus Area in 2025: What Small Businesses Need to Know
The ATO has released its latest compliance focus areas for 2025 — highlighting where small businesses often go wrong — and how to stay ahead of the curve. Whether you’re a sole trader, contractor, or managing a growing team, knowing what’s on the ATO’s radar can help...
Keep Your Business Off the ATO’s Radar with Smart Benchmarking
Staying aligned with industry benchmarks is a smart way to keep your business running smoothly and avoid unnecessary attention from the ATO. The ATO recently updated its small business benchmarks for over 100 industries, giving business owners a clear idea of what...
Car Fringe Benefits & Logbooks: How to Save on Tax and Stay Compliant
If your business provides a car for an employee (or even for yourself as a business owner), you might have to pay Fringe Benefits Tax (FBT). But did you know that keeping the right records—like a logbook and odometer readings—could help reduce the tax you owe?What is...
How Xero’s AI is Simplifying Business Finances
Managing business finances is getting easier with Xero’s AI-powered tools. The latest innovation, Just Ask Xero (JAX), is designed to help businesses by answering questions, summarizing transactions, and providing key financial insights—all in simple,...
Understanding Australian Resident Clearance Certificates and Foreign Resident Capital Gains Withholding
When selling property in Australia, it’s essential to understand the rules around foreign resident capital gains withholding (FRCGW) and how clearance certificates come into play for Australian residents. The Australian Taxation Office (ATO) has clear guidelines to...
Understanding HELP Debt in Your Tax Return: Recent Changes That Impact Your Repayments
Recent government changes to HELP debts are set to impact millions of Australians, especially when it comes to their tax returns. If you have a HELP debt, it’s essential to understand how these updates affect your financial situation. When you lodge your tax return,...
Should You Still Keep Hard Copies of Your Receipts?
Managing records has come a long way, with digital storage offering an easier and more organised approach to keeping track of important documents like receipts. The idea of scanning and storing your receipts digitally is appealing—it saves space, reduces clutter, and...
Hiring New Employees for the Festive Season? Here’s What to Know
As the holiday season approaches, we know many of our small business clients are ramping up with extra hands to meet the festive demand. Whether it’s casual retail help, additional warehouse support, or seasonal customer service staff, adding to your team can be a...
Effective Budget Management with Xero Budget Manager
Budgeting isn’t just about numbers—it’s about setting your business up for success! With Xero’s Budget Manager, you can take control of your finances, make smarter decisions, and manage resources with ease. If you have not tried it yet, now is the perfect time to...
