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Morton, Watson & Young in Dandenong, Victoria | Financial service



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Morton, Watson & Young

Locality: Dandenong, Victoria

Phone: +61 3 9792 9555



Address: 51 Robinson Street 3175 Dandenong, VIC, Australia

Website: http://www.mwy.com.au

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23.01.2022 September marks the final month of the original JobKeeper payments. From 28 September 2020, JobKeeper 2.0 will come into effect with the following changes: an extension until 28 March 2021 a new turnover tests for eligible businesses two rates for eligible employees based on average hours worked For more information on whether you remain, or may become, eligible, contact us on 03 9792 9555.



20.01.2022 Head to our website to see the latest Tax, Super and Financial Planning newsletters. Read about the JobKeeper extension, COVID-19 impact on Superannuation insurance cover and recent market developments here: https://www.mwy.com.au/news

14.01.2022 From the MWY team, wishing everyone a safe and happy festive season! Our office will be closed from 5pm today and reopening on the 18th January 2021.

10.01.2022 A reminder to all business to update your tax tables by 16 November 2020 to reflect the personal income tax cuts announced in the 2020-21 Federal Budget.



06.01.2022 Know your boosts inside and out. How does the cash flow boost affect you when lodging your tax return? There are four essentials to keep in mind: 1. You don't pay tax on cash flow boost amounts as they're non-assessable non-exempt income. 2. You're still entitled to a deduction for the payments made to your workers provided you have complied with the pay as you go (PAYG) withholding and reporting obligations for that payment. 3. If you pass the cash flow boost on to others, ...there may be tax consequences for the recipient. 4. If you claim the research and development tax offset, your claim isn't affected by any cash flow boost you receive. See more: https://www.ato.gov.au/newsroom/smallbusiness/ See more

06.01.2022 Under the new government restrictions, MWY will be closing our office. Our staff will continue to work from home during this time. If you need to contact us, we are available via email and office telephone. All meetings will be held via video conference and mail can be sent to the office address where it will be redirected to our Morton, Watson & Young PO Box.

04.01.2022 The 2020-21 Federal Budget was announced this week. Labelled the ‘Economic Recovery Plan for Australia’, the budget will fast track income tax relief, implement a $74 billion ‘JobMaker Plan’ and provide additional funding to researching, testing and treating COVID-19. For more on the budget: https://budget.gov.au/index.htm



02.01.2022 A reminder to all businesses receiving JobKeeper payments: you have until the 14th October to make your monthly declaration for payments. Remember, September is the last month you can claim $1,500 per JobKeeper fortnight for your eligible employees.

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