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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:

Do I Need Private Health Insurance? A Deep Dive into Tax Implications

Introduction: Medicare Levy vs Medicare Levy Surcharge As an accountant, one question frequently lands on my desk: “Do I need private health insurance?” It’s a question with many facets, especially when tax implications are involved.  So, let’s dive into the details and shed some light on this topic. Now, you might be wondering:  What’s the

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Succession Planning for Businesses: Steps to Protect Your Legacy

For most entrepreneurs, starting a business is a labour of love. You pour everything into building your company from the ground up. Long nights, early mornings, and years of hard work and sacrifice. But every founder needs an exit plan. One day, you’ll want to retire, pursue new ventures, or just take a permanent holiday. 

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Sole Trader vs Company: Which Business Structure is Right for You?

Many small businesses begin as sole traders, which is when an individual owns and runs the business by themselves. It’s a simple, inexpensive way to get started. However: Sole traders often consider switching to a company structure as the business grows.The question: What is a company structure? And when is the right time to make

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how to deal with late payment for businesses

How To Deal With Late Payments In Your Business

As a small business owner, few things are more frustrating than dealing with clients who don’t pay their invoices on time. Having late payments can put your cash flow at risk and waste valuable time that could be spent growing your business. So, what should a small business owner do when those payments don’t come

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how to manage cashflow for small business

How To Manage Cashflow: A Guide For Small Business

Cashflow. For many small business owners, just hearing the word evokes frustration and stress. Maintaining a healthy cash flow isn’t easy in today’s world of fluctuating revenue, looming expenses, and unpredictable hiccups. As an accountant, I’ve seen firsthand how cashflow problems can bring even the most promising ventures to their knees. But with the right

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sole traders tax deductions tips

Sole Trader Tax Deductions – Top Tips 2023

As an experienced accountant, I’ve spent countless hours pouring over sole traders’ financial statements and ledgers. The satisfaction I feel from identifying hidden tax deductions and maximising refunds is unparalleled. Today, I want to share some insider tips with you, the hardworking sole traders, to help you make the most of your tax deductions. Motor

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What Our Clients Are Saying

Stefan Walker
Stefan Walker
28. 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'Rourke
Greg O'Rourke
8. 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 Redmond
Scott Redmond
18. 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 Colwell
Pat Colwell
20. July, 2021.
Professional & prompt accounting business which handles all your needs.
Ashley Westbrook
Ashley Westbrook
6. 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
Shane
Shane
6. 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 Bellacera
Susan Bellacera
23. June, 2019.
Very knowledgeable and helpful. Julie was able to give me guidance and explained things in layman’s terms. Highly recommend
Colleen Johnson
Colleen Johnson
18. September, 2018.
Locally owned partners that know there stuff. Transparent, helpful, efficient & friendly. Highly recommended.
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