M&C Accountants

30/06/2026

Happy End of Financial Year!

So much has happened this financial year, impacting us all, but we are pleased to say we still managed to keep our 6th year birthday commitment to donate to a worthy cause each month.

Check out our contributions in the article below

https://www.mcaccountants.com.au/post/2025-2026-goal?fbclid=IwY2xjawSwnE1leHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeGJfO-uzqYlRp42Mo3NH6TjKpXuWS8vjGsHwRgfziUJmCuw6ggo6Xhoeyd3I_aem_6mDxEYjqIB_xFRvpHyVmRQ

This financial year M & C Accountants is committed to being there for our clients but also contributing to our community.In June we reached out to our clients to check in and it reminded us about our why and how we love to be the people that our clients can rely on to support them. The team they can...

17/06/2026

It's End of Financial Year

Your to do check list

Businesses
- Start payday super from 20th June and pay any unpaid super on this date to get the tax deduction
- Super guarantee remains at 12%
- Minimum wage increases on 1 July
- Check if there is anything you need to buy for work. If yes buy now and have installed and ready for use before 30 June
- Consider pre-paying expenses

Individuals
- Check if you need/want to sell any capital items before the rules change. If there are lots, you may want to split it over 2 tax years
- If you are planning to put money into super and claim a tax deduction on it make sure your transfer it by 20 June
- If you use your car for work and wany to claim it make sure you have either logged all of your travel trips and kms or start a logbook before 30 June to use for your 2026 tax
- Start collating all of your invoices including; electricity, gas, internet, mobile, subscriptions, union fees, courses, donations, parking, uniform purchases, car expenses and stationery or other work-related items
- If you have earnt money aside from your employer start putting money aside for tax
- If you have a rental property, consider prepaying expenses

Remember with everything being digital there is nowhere to hide. Documentation and having good records is the key to claiming deductions.

Call us if you have any EOFY questions or would like to book in a time to complete your 2026 Tax Return.

01/06/2026

Victorian's Don't forget to apply for your 20% refund on motor vehicle registration paid.

You will need your licence - hardest or most time consuming part is creating an account.

From Monday 1 June to Friday 31 July 2026 Victorians can apply for a 20% rebate on their vehicle registration payments. This will save the average driver up to $186 per vehicle on their 2025–26 vehicle registrations. Eligibility The rebate will be limited to 2 light vehicles per person. Eligible v...

02/04/2026

ATO High Fuel Costs Measures

If you are a small business, have been impacted by the high cost of fuel and are unable to meet all of your ATO payments you can apply for the following to 30 June 2026
- more flexible payment arrangements
- remission of General Interest Charges and Penalties
- Vary PAYG Instalments
* eligibility criteria applies

More info can be found on https://www.ato.gov.au/media-centre/ato-responds-to-impacts-of-high-fuel-costs

Apply using this form https://www.ato.gov.au/individuals-and-families/financial-difficulties-and-disasters/ato-fuel-response/how-to-apply-for-the-ato-fuel-response-payment-plan

or contact us on [email protected] or call Carmel directly if you would like us to apply for you

How businesses and sole traders apply for the ATO fuel payment plan via online services or their registered tax agent.