In our library, you will find the latest financial news, valuable insights and ideas, tips and tricks we've learnt over the years and other helpful educational pieces.

Business finances

Compulsory Director Identification Number

25 October 2021
Earlier this year, the government released a data standard for Director Identification Numbers, which follows on from the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020. The Treasury has now revealed the deadlines by which new and existing directors will need to apply for a director ID to avoid civil and criminal penalties.

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MGD Tax update | October 2021

20 October 2021
A summary of recent tax developments and information that we hope you find interesting and useful. This update contains a wide range of information, with a particular focus on COVID-19 financial support measures available to businesses, tax on COVID-19 financial support payments, 2020-21 tax changes for businesses, superannuation for individuals, and key upcoming tax dates.

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MGD Tax update | February 2021

25 February 2021
Here is our MGD Tax update containing up-to-date, relevant, and practical tax-related information, updates, and news. Our update contains helpful information specifically related to COVID-19 measures, what the ATO has been up to, other news, and key tax dates. Read on to find out information related to the JobMaker Hiring Credit, JobKeeper, two temporary measures to encourage business investment, varying PAYG instalments, and more.

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MGD Tax update

17 December 2020
In light of the recent Federal Budget announcement and the ongoing economic stimulus measures for individuals and businesses affected by COVID-19, here is our MGD Tax Update containing up-to-date, relevant, and practical tax-related information, updates, and news. Our update contains helpful information specifically related to small- to medium-sized businesses, including budget measures now law, a JobKeeper update, business tax tips, boosting apprenticeship commencements, and key tax dates.

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Tired of paying rent? You could consider buying your business premises in an SMSF

11 December 2020
By Brad Hoffman
You run a successful business, you are already contributing the maximum deductible amount into your superannuation, and each year, you pay a significant amount of rent for your business premises to your landlord. Wouldn’t it be nice if you could buy your own business premises and pay that rent to yourself?

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End of financial year planning during COVID-19

8 June 2020
As we approach 30 June, end of financial year planning has become more important than ever. We understand that due to the pandemic, your cash flow and retirement savings may have been severely impacted, your business’s turnover may have decreased substantially, or your regular PAYG instalments (prepaid tax) may have varied. In this paper, we have shared some strategies you may wish to consider.

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(Video) The human side of crisis management

24 April 2020
On Tuesday, 21 April 2020, we hosted our webinar, "The Human Side of Crisis Management: Helping you support your employees in times of crisis". In the webinar, our presenters, thought leaders in their own fields, shared their insights into how human resource leaders and executives can make a meaningful difference to how their staff cope with financial stress.

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Economic response to the coronavirus

3 April 2020
The Australian Government has begun rolling out a considerable fiscal stimulus package in an effort to support and assist those individuals and businesses that have been negatively impacted by the unfolding Coronavirus (COVID-19) crises. We have collated the key measures announced and will continue to update this as further announcements are made.

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