McLennan Partners

Certified Practising Accountants

News

15/12/2014 - On The Money Newsletter Launches

This week McLennan Partners has launched a new quarterly email newsletter titled "On The Money". The prupose of the newsletter is to maintain communication with our clients throughout the year and provide useful accounting and business advice and information.

We welcome feedback from readers including suggestions for content you feel would be relevant and useful.


15/08/2011 - New website launched

We are pleased to launch our new website.


09/11/2010 - ATO Media Release - 2010/37 - New ATO benchmarks focus on cash sales © ATO

The ATO today released a new category of small business benchmarks which focus on cash sales within a business.

Coinciding with the fourth annual cash economy international revenue conference in Brisbane, Second Commissioner Bruce Quigley said the new benchmarks are part of a suite of benchmarks used by the ATO to identify and deter activities in the cash economy.

"These benchmarks are a useful way to help businesses compare their performance against other businesses in their industry and check they are meeting their obligations, including assessing whether they are likely to be selected for a review or audit.

"We strongly believe prevention is better than cure. This is a timely reminder for people to check that their record keeping and reporting is on track and fix any errors.  Read more...


30/06/2011 - ATO Media Release - 2011/38 - Tax time 2011 is here © ATO

With the end of the financial year here, Tax Commissioner Michael D'Ascenzo today reminded Australia's 12.6 million taxpayers that tax time has begun.

"Now is the time for people who prepare their own tax returns to start getting their tax affairs in order so that they can lodge by the 31 October deadline. Read more...


30/06/2011 - ATO Media Release - 2011/39 - New withholding rates apply from 1 July 2011 © ATO

The ATO is reminding employers to use the new pay as you go withholding tax tables from 1 July 2011 when withholding tax from their employees.

Tax Commissioner Michael D'Ascenzo said the tax withheld calculator available on our website, can help employers to quickly work out how much tax to withhold from their employees.

"This year will see the introduction of the flood levy. Some employees who were affected by natural disasters during the past year will be exempt from the levy.  Read more...