News

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

Tax advisory

MGD announces leadership appointment

Boutique Brisbane-based financial services firm MGD has announced the appointment of Senior Client Adviser, Stanley Feng, to the partnership of the firm, effective immediately.

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ATO car claims crackdown

By Ling Dias
As 30 June approaches, the Australian Taxation Office (ATO) is making it clear that they will be keeping a close eye on work-related car expenses as part of a broader focus on work-related expenses. This article serves as a reminder to taxpayers about what they can and cannot claim for when tax time comes to ensure no penalties are applied for failing to take reasonable care.

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Federal Budget 2018 – Taxation

Mr Scott Morrison, the Federal Treasurer, handed down his third Budget on 8 May 2018. Mr Morrison said the Budget is focused on further strengthening the economy to “guarantee the essentials Australians rely on” and “responsibly repair the budget”. The tax highlights include...

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Tax and super planning for end of financial year

With 30 June 2018 rapidly approaching, now is the time to review your financial position and consider any tax or super strategies that could boost your retirement savings, maximise Government entitlements, avoid potential penalties and ultimately, reduce your tax payable.

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Taxation & Superannuation Planning for Year End 2015-16

With 30 June 2016 rapidly approaching, now is the time to review your financial position and consider any superannuation and tax-effective strategies that might be appropriate for you.

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ATO taxes Chinese citizen on cash transferred to Australia….a timely reminder for immigrants

Case study: ATO taxes citizen on overseas cash transfers made to Australia after he moved here.

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