Mortdale Tax & Accounting

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We are currently experiencing a power outage. The office will be closed today.

Payday superannuation, what are your thoughts?

👍 or 👎

Payday superannuation From 1 July 2026, employers will be required to pay their employees’ super at the same time as their salary and wages.

Hello everyone,

Tonight’s budget is out.

Budget 2023–24 has been released. Access the Budget papers at https://budget.gov.au
Some of the measures announced as part of Budget 2023-24 require changes to the law. The Australian Government is responsible for the legislation which we then administer on their behalf.
Learn more at https://www.ato.gov.au/General/New-legislation/Latest-news-on-tax-law-and-policy/

Theses changes come into effect from tomorrow.

Claiming a tax deduction?

Hello everyone,

Just reminding you about the low and middle income tax offset, and its increase.

See below for further information.

📣The low and middle income tax offset has been increased by $420.

Remember, the offset isn’t a cash bonus, it reduces the amount of tax you need to pay. You don’t need to worry about claiming it! If you’re eligible, we’ll apply the offset automatically when you lodge.

To find out more, visit www.ato.gov.au/Individuals/Income-and-deductions/Offsets-and-rebates/Low-and-middle-income-earner-tax-offsets/