Morton Ware Accounting in Shailer Park | Tax preparation service

Morton Ware Accounting

Locality: Shailer Park

Phone: +61 7 3445 3970

Address: 68 Bryants Road 4128 Shailer Park, QLD, Australia

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

Likes: 440

Add/Update information

Reviews

Tags

• Business service
• Tax preparation service
• Accountant

24.01.2022 ISN'T EOFY GREAT ?! No ?? It is for us. We're good at this ! We enjoy numbers and love helping you get the best out of your business ! Let us take the worry out of your end of year reporting and more importantly FIND OUT WHAT YOU NEED TO BE DOING RIGHT NOW - to ensure your best new financial year ever ! Call (07) 3806 1511 or email us with your preferred day http://www.mortonware.com.au/contacts/

23.01.2022 Businesses: Fuel tax credit rates increase today, 5 February If you use fuel in heavy vehicles on public roads or in other machinery for your business, check the latest rates at ato.gov.au/fueltaxcreditrates

21.01.2022 Deductibility of Rental Property Expenses after Extensive Damage Repairs to a rental property damaged by unforeseen circumstances may not necessarily be deductible, according to a recently issued Private Binding Ruling. In the ruling, it didn't matter why the expenses were necessarily incurred, in order to be deductible they still need to satisfy income tax laws. This ruling also points out a general error made when dealing with rental properties. Even though an owner makes a claim and receives proceeds from insurance, it does not necessarily mean the expenses relating to the claim are deductible. Practitioners are reminded that special rules may apply to assessable recoupments, causing additional tax liabilities.

18.01.2022 Don't get caught. If you receive anything from the ATO you are unsure of, contact us to check if it's for real.

15.01.2022 RENTAL PROPERTY DEDUCTIONS - Owners of rental properties that are rented or are ready and available for rent can claim immediate deductions for a wide range of expenses, such as: Interest on investment loans, land tax, council and water rates, body corporate charges, insurance, repairs and maintenance, agents’ commission, gardening pest control, leases (preparation, registration and stamp duty), advertising for tenants, and annual deductions for the declining value of depreci...able assets (such as stoves, carpets and hot water systems), and capital works deductions spread over a number of years for structural improvements like remodelling a bathroom. It’s worth noting that the government has proposed that it will change the law to no longer allow travel deductions relating to inspecting, maintaining, or collecting rent for a rental property from 1 July 2017. This is an integrity measure to address concerns that such deductions are being abused. You can talk with us anytime to clarify if expenditure relates to repairs and maintenance that can be claimed immediately, or improvements which need be claimed over time. http://www.mortonware.com.au/ 68 Bryants Road Shailer Park 4128 (07) 3806 1511

13.01.2022 It's TAX TIME, BUT... Business tax deductions are not all equal. Just before the end of the financial year, businesses often look for tax deductions that will reduce the income tax that they pay. CALL US SOON - chat with Terry, Jane, Alan or the team at MORTON WARE. Typically, you'll talk to us about things like buying assets, having equipment repaired before June 30,maximising tax-deductible super contributions, and delay earning income until the new financial year. Call (07) 3806 1511 - 68 Bryants Road, Shailer Park 4128 See more at http://dvlaccounting.com.au/h/s02_article/article_view.asp #mortonware

13.01.2022 OVER 5,000 kms of motor vehicle deductions ? YOU'LL NEED A LOG ! If you use your motor vehicle for work-related travel, there are only two choices for how you can claim. Under 5000 kilometres, you can claim a deduction for your vehicle expenses on the cents-per-kilometre basis. The allowable rate for such claims changes annually, so it is important to obtain this year's rate from us. The claim must be based on reasonable estimates. If your business travel exceeds 5000 kilometres, however, the log book method is required to claim a deduction for total car-running expenses. Talk to us to clarify what constitutes work-related travel and which of the two allowable methods can be applied to optimise your tax 68 Bryants Road, Shailer Park 4128 (07) 3806 1511 http://www.mortonware.com.au/

12.01.2022 Have you lost money in a scam? Are you eligible for a refund?

09.01.2022 Hi all, a reminder that super guarantee contributions and December 2018 business activity statement is due soon!

07.01.2022 With the holiday season upon us, please be wary of scammers pretending to be the ATO. If in doubt, contact us and we can check if it's a scam or not. This link also has information on how to verify and report a scam: https://www.ato.gov.au//identity-/verify-or-report-a-scam/

05.01.2022 HAPPY NEW FINANCIAL YEAR - and welcome to the 2019 Financial year. This is the best time to reflect on last year, and ask a few questions - How did I go? What went well and what could we have done better? What do I need to change right now in the coming year to ensure we do it differently ? Consider strategically implementing chnages, talk to us , and ASK US TO SEND YOU your own copy of the SME Research Report 2017/18. Call Maria and ask to speak with Jane or Terry about making this a HAPPIER NEW FINANCIAL YEAR (07) 3806 1511 68 Bryants Road, Shailer Park 4128

03.01.2022 IT'S TIME TO TALK TO YOUR TAX SPECIALISTS AT MORTON WARE, as the ATO get set to crack down on over 1 million taxpayers after finding an $8.7 billion tax gap. For the most part, this amount has been pinned on incorrectly claimed work-related expenses, a common pain point for business owners. The tax office says many errors in tax returns are related to over claims of rental property expenses, and unreported cash wages.Seven out of ten returns randomly selected for review had one or more errors. Deputy Commissioner Alison Lendon. Call (07) 3806 1511 or email us with your preferred day http://www.mortonware.com.au/contacts/ With thanks to smartcompany.com.au