Mahajan & Associates - CPA ,Taxation, accounting and business services

Mahajan & Associates - CPA ,Taxation, accounting and business services Individual,Business,Company and Trust Tax Returns
GST & BAS Returns
Tax Planning
Business Advice

31/07/2025

Doing the taxes for the last year, keep in mind a few things...::

1. How much have you earned last year. Total income 💰💰💰💰
Comment "HOW" if you have questions about Income.

To be followed...

30/03/2025

In a major uplift to the system, ATO has adopted a harsher strategy to recover the overdue debts. So it is time to mop your overdue tax debts and keep them controlled.

As per media release
"Aussies will be hit with bigger penalties from the Australian Taxation Office (ATO) if they fail to pay their tax debts on time. The interest applied on overdue tax debts will no longer be tax deductible from July 1, 2025, after laws passed parliament this week.

Legislation to remove tax deductibility for both the General Interest Charge (GIC) and Shortfall Interest Charge (SIC) was passed by the Senate on Thursday. The change is expected to boost tax revenue by $500 million in 2026 and 2027."

Address

Melbourne, VIC
3027

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 10am - 6pm

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