Mulcahy & Co Latest News

SMSF Matters – Summer 2018

General News: 18/12/2017

Hello and welcome to another edition of SMSF Matters. Take it to the limit one more time – but follow the rules. The $1.6 million limit on superannuation has caused a great deal of confusion. This confusion has the potential to stop people from putting more money into their superannuation savings (when they still can); cost...

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Money Matters – Summer 2018

General News / Money Matters: 28/11/2017

Hello and welcome to another edition of Money Matters. With Santa just around the corner, another year has almost passed by. While for some the festive season is a great chance to relax and unwind with family and friends after a busy year, for others it is the busiest time of year and a chance...

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Mortgage News – Summer 2018

Mortgage News: 23/11/2017

Welcome Summer, bring on the warmth, BBQ’s and Christmas. While being a very busy time of the year for work and social engagements it is also a time that a lot of us take a well-earned rest and reflect on the year and what we have achieved. I trust that this year has been successful...

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Redundancy

General News: 13/11/2017

Redundancy is when your position is no longer required within the organisation or your employer becomes bankrupt or insolvent. Unfortunately having your job made redundant is becoming more common due to our forever advancing workplaces. Below is a summary of your entitlements and the taxation implication should this occur to you. Please note if you...

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Payroll Tax Discounts for Regional Employers

General News: 11/09/2017

As of the 1st July, 2017 Victorian Regional Employers will receive a discount to the amount of payroll tax they are charged. Up until 30th June 2017 all employers paying wages over $575,000 would be charged 4.85% on every $1 over this threshold. As part of State Budget changes Regional Employers will be given a...

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Corporate Appetite for Australian Farms Set to Continue

General News: 28/08/2017

This is not good news if you are a local farmer trying to expand! The Australian Farmland Index which monitors 57 corporate farms across Australia recorded a 16.89 percent total return for the 12 months to March 2017.  This was made up of income returns of 8.06 per cent and capital growth of 8.42 per...

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End of Another Financial Year

General News: 05/07/2017

It’s hard to believe, but 30th June 2017 is now but a distant memory and a new financial year is upon us. You know what that means! Yes, it’s tax time again. Bearing this in mind, you may be interested to know the following: It’s hard to believe, but 30th June 2017 is now but...

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**Important** Individual Tax Return Deductions

General News: 26/06/2017

It’s important to know what you can deduct when it comes to your individual tax return, and how to best maximise your return. To claim a work related deduction, you must have spent money yourself without reimbursement and it must be work related. Vehicle and Travel Expenses You are able to claim vehicle and travel...

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Ballarat accountants for farm business planning

General News: 15/06/2017

The coarse grain stocks globally are full, on a positive note it is rumoured that the Chinese stocks have been spoiled due to the wetter than expected conditions. Therefore, they will be looking to reenter the market in coming months to sure up their human consumption supplies again. Cereal-prices expected to remain low Canola- mid...

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