MDS Accounting & Financial Services

MDS Accounting & Financial Services MDS Accounting is an Australian accounting and advisory firm helping businesses and individuals build strong financial foundations.

We provide expert support across tax, BAS and GST, financial reporting, business structuring, and strategic advisory. MDS Accounting and Financial Services realise the demand from businesses and individuals for a more specialised and proactive accounting services offering, more than mere compliance and taxation. At MDS Accounting & Financial Services, we are continually looking to provide more val

ue to our clients by assisting in all matters of business, financial, personal and strategic. We provide services that position us as valuable partners with our clients and their businesses. We recognise that service delivery is built around relationships and trust, we hope to play an integral role in the success of our clients. Our Mission:
Every-day we assist every client to achieve greater success by helping them to move from where they are now to where they want to be by helping them to;

Legally minimize taxation
Increase profits and earnings
Reduce operating costs and expenses
Build and protect wealth

Our Vision:
To become our clients’ trusted advisers and play a key role in assisting them to achieve their goals in all things financial.

CGT is changing. Your super isn't. 🏛️The 2026 Federal Budget, handed down on 12 May 2026, has clients asking one questio...
02/06/2026

CGT is changing. Your super isn't. 🏛️

The 2026 Federal Budget, handed down on 12 May 2026, has clients asking one question: how do the capital gains tax changes affect superannuation?

Here is the short answer. They don't.

From 1 July 2027, capital gains tax outside super is being rebuilt. The 50% CGT discount is replaced. Gains will be taxed at the higher of a 30% minimum or your marginal rate, after an inflation-indexed discount.

Superannuation, including Self-Managed Super Funds, is exempt from those changes.

Inside super the picture stays favourable. Assets held for more than 12 months keep a one-third CGT discount. Sold during accumulation phase, the effective tax on the gain sits around 10%. Sold while supporting a retirement-phase pension, the capital gain is generally not taxed at all.

So if you are weighing up a new property or investment, it is worth understanding what an SMSF can and cannot do before you decide. An SMSF can also give you more control and more flexibility over how your money is invested.

Call MDS to talk through whether an SMSF fits your situation following the 2026 Federal Budget.
📞 (03) 5333 3453

General information only. It does not take your personal circumstances into account. SMSFs are complex, carry strict rules and are not suitable for everyone. Speak with us before acting.

01/06/2026

Part 2 with director Chris Hannah! 💰

Property investors, this one needs action.The 2026 Federal Budget reshapes how property and investment are taxed. Most m...
28/05/2026

Property investors, this one needs action.

The 2026 Federal Budget reshapes how property and investment are taxed. Most measures are still moving through Parliament, so treat them as direction, not final law.

For established residential property purchased after 7:30pm AEST on 12 May 2026:
- From 1 July 2027, rental losses can no longer offset your salary or other income.
- The 50% CGT discount is replaced with an inflation-indexed model and a 30% minimum tax.
- Properties held before Budget night are grandfathered.

Small business, mostly good news:
- $20,000 instant asset write-off set to become permanent from 1 July 2026.
- Two-year loss carry-back proposed for companies under $1 billion turnover.
- Startup loss refundability from 2028/29.

Workers and individuals:
- Up to $250 Working Australians Tax Offset from 2027/28.
- The personal income tax rate for the $18,201 to $45,000 tax bracket is proposed to reduce from 16% to 15% from 1 July 2026, with a further reduction to 14% proposed thereafter.
- Claim up to $1,000 in work-related expenses without receipts from 1 July 2026.

Transition rules are still being clarified. If you are buying, selling or restructuring, plan before the detail locks in, not after.

Book a conversation with our team.
(03) 5333 3453
mdsaccounting.net.au/book-now

26/05/2026

Owning a trade business takes more than tools and hard work. 🔧

Here are 3 simple tips to help keep your business profitable and running smoothly. 📈

What does "going the extra mile" actually look like? At MDS, we call them the one-percenters.It's the proactive call bef...
25/05/2026

What does "going the extra mile" actually look like?

At MDS, we call them the one-percenters.

It's the proactive call before a tax deadline.
It's spotting an opportunity that saves you money.
It's treating your financial goals like they're our own.

We're a team of qualified professionals who genuinely care about every outcome, for every single client. Professionalism and reliability aren't just words on our website, they're the standard we hold ourselves to every day.

Because the difference between good and great isn't always the big gestures. It's the small, consistent ones. Done every single time.

Come and meet the people who care 👇
mdsaccounting.net.au/meet-the-team

⚠️ Important notice for company owners.We've had several clients contact us after receiving documents requesting payment...
21/05/2026

⚠️ Important notice for company owners.

We've had several clients contact us after receiving documents requesting payment for ASIC annual company reviews from a third party, not ASIC itself.

These invoices can look convincingly official. Some are charging fees well above the legitimate ASIC rate.

Before you pay anything:
✅ The official ASIC annual review fee for a proprietary company is $310 (2025–26)
✅ Genuine ASIC correspondence will come through your registered office or directly from ASIC
✅ If you're unsure whether a document is legitimate, call our office first, we're happy to check

📞 03 5333 3453 | mdsaccounting.net.au

This post contains general information only. Please contact our office for advice specific to your circumstances.

Behind every thriving business is a clear financial strategy. 💡At MDS, our Business Advisory team works alongside Ballar...
19/05/2026

Behind every thriving business is a clear financial strategy. 💡

At MDS, our Business Advisory team works alongside Ballarat business owners as a true strategic partner, helping you ask the right questions at the right time.

Are you in the right business structure?
Is your pricing working as hard as you are?
Do you have a cash flow forecast? or are you guessing?
Do you have a clear plan for what comes next?

We help you answer all of it. From profitability analysis and tax planning, to cloud accounting (Xero & MYOB) and succession planning. We're not just here at tax time.

We're here every step of the way.

Because growing a successful business is about more than the numbers. It's about having the right people beside you.

Let's look at what's possible for your business
📍 702 Sturt St, Ballarat · 📞 (03) 5333 3453

The MDS team, here to make the complex feel simple, and the big goals feel achievable. 💚
18/05/2026

The MDS team, here to make the complex feel simple, and the big goals feel achievable. 💚

Your income is the engine. But wealth is what you build with it. At MDS, we help our clients create a clear, personalise...
14/05/2026

Your income is the engine. But wealth is what you build with it.

At MDS, we help our clients create a clear, personalised plan, so their hard work today turns into lasting financial security tomorrow.

Our financial planning services cover:

1. Retirement & superannuation planning
2. Personal & business risk insurance
3. Investment advice tailored to your goals
4. Business estate planning

Whether you're just starting to think about your financial future, or you're ready to get serious about it. We support every step of the journey.

Because financial success is about building something that lasts.

Start your journey with MDS
mdsaccounting.net.au

14/05/2026

Meet Michael Britt — Director at MDS Accounting.

He helps business owners and individuals cut through the financial noise and actually get ahead.

Tax. Business structure. The big decisions. That’s his world.
📅 Book a session with Michael — link in bio.

Address

702 Sturt Street
Ballarat, VIC
3350

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

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