Articles
Check out the latest from the MYC Partners blog!
Welcome to our new articles area. We will be regularly sharing our accounting expertise and strategic advice to help you get ahead in your business.
Latest posts are below:
Australian Business Taxes: Compliance Overview For Business Owners
As the saying goes, death and taxes are the only two certainties in life. For business owners and entrepreneurs, Australian business taxes are an unavoidable reality that must be fully understood and accounted for. Staying compliant with your tax obligations is essential to maintaining good relations with the Australian Taxation Office (ATO) and avoiding penalties.
Rebuilding Finances After Divorce: Restart Strong
Nobody enters into marriage planning for divorce. However, if you find yourself going through one, taxes and rebuilding finances after divorce are probably the last thing you want to think about. During the emotional turmoil of a divorce, it’s easy to overlook or put off tedious financial tasks. You may feel paralysed by unfamiliar terminology
What Is A Profit & Loss Statement?
What is a profit & loss statement, and why is it crucial for your business? This financial report provides a snapshot of your company’s revenue, expenses, and ultimate profitability over a given period. As a business owner, being familiar with your profit and loss statement is key to making informed decisions about your operations, investments,
How To Manage The Cost of Living Crisis: Thrive in Economic Turmoil
As costs continue to rise across many sectors, managing finances has become an increasing struggle for individuals and businesses alike during this cost-of-living crisis. Everyone feels the squeeze on their wallets, from higher grocery bills and utility rates to inflated prices for goods and services. Thankfully, there are practical strategies and budgeting techniques that can
Fringe Benefits Tax Explained for Businesses
In the business world, attractive remuneration packages are essential for attracting and retaining top talent. While cash salaries are the most common form of compensation, many employers also offer additional benefits to their employees, such as company cars, entertainment allowances, or discounted goods and services. These “fringe benefits” can be valuable to an employee’s overall
How An Accountant Can Help A Business Succeed
Running a business often feels like a high-wire act—with financial management, tax obligations, and regulatory compliance all vying for your attention. Amid this challenging landscape, an accountant can be your safety net and guiding hand, transforming complex financial matters into opportunities for growth and success. Our role extends far beyond crunching numbers—we are your strategic
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What Our Clients Are Saying
Stefan Walker28. November, 2022.We have found MYC Partners Accountants to be extremely efficient & helpful. Always available for the smallest of queries, problems or advise. Glad we made the switch from the larger accounting company we were with previously.
Greg O'Rourke8. November, 2022.Highly professional, prompt and high quality service. I've been very happy with my experience with MYC Partners both for accounting services and their valuable advice for my business. I highly recommend Kylie and her team for anyone on the Central Coast looking for a reliable and trustworthy accountant and business advisor.
Scott Redmond18. August, 2022.Kylie is an outstanding person who is great at accounting services. If you want to have the best handle on your money give her a call.
Pat Colwell20. July, 2021.Professional & prompt accounting business which handles all your needs.
Ashley Westbrook6. May, 2021.Best accountants our company has used. Been with them for the last few years and have been extremely happy with their work, very friendly and helpful and know what they are doing. Could not recommend them more
Shane6. December, 2020.I've had my tax returns completed by Nathan for a couple of years now and the experience is always great. Nathan is very knowledgeable and makes the process easy. MYC has recently changed ownership and meeting Kylie the new owner reaffirmed, if not made me even more sure, that I made the right choice.
Susan Bellacera23. June, 2019.Very knowledgeable and helpful. Julie was able to give me guidance and explained things in layman’s terms. Highly recommend
Colleen Johnson18. September, 2018.Locally owned partners that know there stuff. Transparent, helpful, efficient & friendly. Highly recommended.