Read the latest the Accounting Insights from Mazzcorp Partners

23 Sep

Property investors who set up new Self Managed Superannuation Funds (SMSF) to purchase real estate, will receive particularly close attention - with the ATO focusing on contribution breaches. It is critical that Trustees of Self Managed Super Funds, and Investors considering to set up Self Managed Super Funds, engage the services of an Accounting firm, such as Mazzcorp Partners, with specific knowledge and expertise in this complex taxation area.

19 Sep

A recent survey in regards to Self Managed Super Funds in Australia has indicated that the use of gearing has gained popularity amongst trustees of complying funds.
This is on the back of amendments to the Superannuation Industry (Supervision) Act 1993 which clarified confusion and uncertainty in relation to borrowing regulations for complying funds. The Act now includes a section outlining the borrowing arrangements to finance the purchase of acquirable assets.
15 Sep

The Research and Development (R & D) Tax Incentive encourages Australian companies to invest in research and development activities for their business. 
The scheme is in place to allow Australian Industries to better compete on an international level and this in turn will lead to national increases in economic productivity.
02 Aug
During the months of July and August, you may notice the streets become littered with tax agents offering “drop in” tax return preparation and lodgement services.

Why should you use Mazzcorp Partners to lodge and prepare your personal tax return ?
What differentiates Mazzcorp Partners from other accountants and tax agents - high quality service, speed and efficiency, expert technical knowledge and value-added services.

22 Jul

As part of an initiative to increase the participation rate in the work force, the government has introduced changes to the Dependant Spouse Tax Offset for the 2012 financial year.