Keeping accurate and complete records for all your business transactions will also help you manage your business and its cash flow. In most cases, you’re required to keep these records for 5 years from the date you lodge the relevant tax return.

Look beyond the bright tights and flowing capes at MJM Accountants and you will find our team of accountants ready to take your business to the next level.

When it comes to accountants, it's easy to assume that we’re all about crunching numbers and filing tax returns. However, as refreshingly different accountants, we’re more than just ordinary number-crunchers - we can be valuable partners in helping your business grow and achieve its goals.

We strongly recommend getting your payroll data ready as soon as possible to stay ahead of this important compliance deadline

QBCC rules and requirements change regularly. As a result of recent changes to QBCC reporting requirements, any licensee required to submit an MFR Report must provide an accurate Work In Progress (WIP) figure too. We will work with you to make sure you are meeting QBCC requirements

Stay tuned for our key takeaways for business owners as we help you plan ahead for policies likely to impact your business.

Australian Company Directors are now required by law to verify their identity with the Australian Business Registry Service (ABRS) and obtain a Director Identification Number (DIN). Unfortunately, MJM Accountants cannot apply for the Director ID on your behalf however please reach out if you have any queries, issues or problems registering your ID.

If you’re not already using MFA, now is the time to set it up to protect your valuable business data safe.