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:
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
Tax Planning Strategies – Making Your Cash Work For You
It’s that time of year again to start thinking about tax planning. As the end of the financial year approaches, maximising your tax deductions and minimising your tax liability should be top of mind. But, have you ever wondered why some people handle tax season with apparent ease while others scramble at the last minute,
Financial Literacy for Kids: Starting Early
Why is it that, despite the complexities of our financial landscape, the essential task of educating our children on financial matters often goes overlooked? Financial literacy for kids encompasses far more than teaching them to recognise money – it’s about instilling an early understanding of financial management, the significance of savings, and the careful use
Tax on Investment Properties: CGT and Negative Gearing
Owning an investment property can be a fantastic way to build wealth and secure your financial future. However, the complexities of tax on investment properties can quickly become confusing. As a Central Coast accountant deeply familiar with the complex issues of property taxation in Australia, I’ve witnessed firsthand how the intricacies of negative gearing and
What is a Director ID? Prevent Fraud, Ensure Integrity
Director IDs are necessary in Australian business to ensure that companies are operating legally, with the best interests of the company at heart. It is used to prevent the use of false or fraudulent director identities. As an experienced accountant dedicated to enhancing corporate transparency and governance, I’m here to clarify the Director ID for
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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.
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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
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