News and Events
What’s New at MKG Partners
Downsizer Contributions: Maximise Your Superannuation
You can make a downsizer contribution up to a maximum of $300,000 (each spouse), but the contribution amount can't be greater than the total proceeds from the sale of your home. This allows eligible property owners to make a one-off post-tax contribution to their...
Xero Invoice Reminders
As a business owner, you will know all too well how precious your time is and often you can find that there are never enough hours in the day to achieve all you have crammed into your work calendar. There are plenty of features available in your Xero accounting...
Motor Vehicle Expenses: How to Claim
Many business owners understand the importance of claiming motor vehicle expenses as a tax deduction when a vehicle is used for generating income. However, there’s often confusion, with some small business owners not fully aware of the best claiming method for their...
Xero payroll can assist business owners with recent paid leave changes
Starting from February 1, 2023, eligible employees who are covered by a modern award will be able to take an additional five days of paid leave to deal with the impact of family and domestic violence. This means that eligible employees will be entitled to take up to...
Maximise Your Retirement Savings with Carry Forward Concessional Contributions
Carry Forward Concessional Contributions are an essential part of maximising retirement savings, and contributing to superannuation is one of the most effective ways to do so. The Australian government provides tax incentives for people to save for retirement by...
How Xero Batch Payments Can Make Your Life Easier
If you're a small business owner, you know that managing payments can be a real headache. Whether you're paying bills, reimbursing expenses, or paying your employees, it's a task that can take up a lot of your time. Luckily, Xero has a solution that can make your life...
Assign Billable Expenses: How to Bill Customers for Expenses in Xero
As a small business owner, you know that keeping track of expenses is essential to maintaining a healthy bottom line. But when you perform services for clients, it can be tricky to pass on expenses related to those services. Luckily, Xero has a solution: the Assign...
New Changes to Work from Home Deductions for 2022-23: What You Need to Know
One of the big changes of the pandemic was the working from home phenomenon. As we have come out the other side many employers have decided to keep their workforces at home for all or part of the week. When you work from home you should be eligible to claim tax...
MKG Partners share the spotlight with sporting elite!
MKG Team with David MundyThe MKG team held a small business luncheon that was hosted at Anzac House – a first-class venue with views to die for. Our team couldn’t decide if they enjoyed the view of the sparkling Swan River or our star studded guest speakers the most!...
Hubdoc by Xero
Skip the diet and make one of your new years resolutions to keep your financial records in tip top shape! (This is one resolution we can help you stick to 😊!) Hubdoc is a great little piece of technology that doesn’t just take a photo of your paperwork for...
