Individuals can claim tax deductions when giving gifts or donations to organisations that have the status of deductible gift recipients (DGR). To be eligible to claim a tax deduction for a gift, the ATO stipulates that it must meet the
Industries on the ATO’s radar this year
The ATO has identified that businesses in the supermarket, bakery, computer system design and car retailing industries often need more help meeting their tax and super obligations. From July 2016, the ATO will be undertaking audits of employers who continually
Federal Budget – Superannuation Changes
The Budget has introduced a series of changes to superannuation tax arrangements that are intended to align superannuation with the purpose of providing income in retirement. The key elements of the superannuation changes include: Introducing a transfer balance cap: There
Federal Budget – Small Business
This year’s Federal Budget is based on a ten-year enterprise tax plan designed to stimulate more small business activity by boosting new investment, creating jobs and increasing real wages. One of the key features of this plan is that
Bookkeeping and Accounting for Dentists and Medical Practitioners
Dentists and Doctors / Medical Practitioners often find themselves preoccupied with the administration and paperwork of running their business, when the real focus should be on developing a first-class practice with excellence in patient care. Wouldn’t it be nice to
What to bring to your tax appointment.
Many people are not aware of all the tax deductions they can claim. Often the fee paid to a tax agent is well worth it! Your tax agent will guide you through a tax
New Webpage is up!
The new Webpage is finally up with the new look and new logo for 2014. Melior Accounting is based in the beautiful Adelaide Hills and provides a range of accounting and taxation services to clients in the City, Hills,