Mackinder Bourne Accountants - MB Partners

12/03/2026

The countdown is on for Payday Super!
If you’re an employer, take action now to get ready so
you’re prepared for the biggest change to Australia’s super
system in decades.
Starting 1 July 2026, employers must pay super
contributions for each payday.
Take action now by:
✅ Reviewing your payroll systems and cash flow
✅ Understanding the changes
✅ Considering whether your business can start paying
super more frequently
✅ Staying informed
Visit ato.gov.au/paydaysuper for more info

Our team is here and ready to help if you have any questions or concerns please give us a call (02) 4571 1490

What employers should do to meet their super guarantee obligations under Payday Super.

25/03/2025

📢 Incase you missed it! Last night was Budget Night!💲🎉💲🎊

Some of the topline announcements included;
- Personal tax cuts. The 16% tax bracket will drop to 15% from 1 July 2026 and drop again to 14% from 1 July 2027. As well as increases to the Medicare levy threshold for low income earners.
- Energy Bill Relief of $150 for households and businesses
- Additional funds allocated for ATO enforcement of various taxpayer compliance programs ($1B) & ASIC to deter illegal phoenixing
- B**r excise frozen for 2 Years
- Non Compete Clauses will be banned for wage earners up to $175K
- Help to buy home scheme extended (income and price cap increased)
- Changes to the child care scheme
- Further subsidies for apprentices and fee free TAFE
- HELP debts to be reduced by 20%
- Further funds for Healthcare such as Medicare, Pharmaceutical Benefits Scheme and Women’s health

20/12/2024

02/10/2024

🚀 We're Hiring! 🚀
Looking to join a dynamic, close-knit accounting firm in North Richmond? We’re seeking a talented Senior Tax Accountant to join our team! If you're passionate about helping businesses grow and looking for a supportive, collaborative workplace, we’d love to hear from you. Apply now or share with someone who might be the perfect fit!

https://www.seek.com.au/job/78825881?ref=cm-ui

22/09/2024

😱😱Some BIG changes are headed towards small businesses....

According to design details released to Treasury, businesses will be given a 7 day window for payday super contributions to arrive in the employee's super funds before daily interest charges kick in.... These changes are due to start in July 2026!

PLUS the Government also intends on closing the ATO's Small Business Superannuation Clearing House which is currently used by ~250K employers.

Many are arguing the short turnaround time is unfair to small businesses and will greatly increase compliance costs going from only 4 super payment events per year to every pay cycle. The closure of the ATO Clearing House will also force small businesses to use more costly (and slower) payment platforms exacerbating the problem!

25/06/2024

🎉🎉It's almost time to say good by to the 2024 Financial Year! 🎉🎉

We hope everyone is excited like we are for the new financial year to roll around. As a reminder, our office hours are 8.30 am - 5 pm Monday to Friday so drop us an email or give us a call if you want to talk about your personal/business tax or anything else tax related.

17/06/2024

Well that's not what NSW property investors wanted to hear....

The NSW land tax threshold will be frozen at $1.075M and will no longer be indexed!

This means that as property prices increase each year, more property investors will enter the land tax system and have to pay land tax while existing property investors will have to pay more.

The new tax is expected to rake in an additional $1.5 billion over 4 years!

Investment properties in NSW will be hit by a $1.5 billion increase in land taxes, which the real estate industry warns could cost thousands of dollars a year and be p...

14/05/2024

💲📢💲📢Did someone say Budget Night? 💲📢💲📢
Last night the Australian Government handed down the 2024-25 Federal Budget. We will be releasing a more comprehensive summary to all our clients via our newsletter channel. In the meantime here is a quick summary;
- Stage 3 personal tax cuts reconfirmed
- $20K instant asset write off for small businesses extended to June 2025
- Energy rebates; $300 for households and $325 for small businesses
- Additional funds for compliance activities covering personal tax, superannuation, multinationals as well as the NDIS to plug the leaks
- Super payable on Gov paid parental leave
- Further assistance for people on rent assistance, PBS medicines and adjusting the indexation calculation on student HECS debts
- Made in Australia Program funds for solar, hydrogen, and specific/critical mineral extractions projects

Give us a call or drop us an email at [email protected] if you want to discuss how the Budget will impact you or your business! 💸💰

03/05/2024

If you haven't already, send your tax work in!

Unfortunately the deadline is just around the corner and we can no longer guarantee there is enough time to process and lodged your 2023 Year tax work before the deadline (but we will try). The longer your tax work is overdue the greater the chance you could receive failure to lodge penalties!

12/04/2024

ATO compliance actions have certainly increased in the last 6 months or so, particularly with chasing overdue debts.... Unfortunately avoiding the ATO doesn't make the problem go away! Ghosting the ATO could result in the ATO escalating their efforts!

Taxpayers who have debts of more than $100,000 that are older than 90 days owe the Tax Office about $15 billion. But they aren’t returning its calls.