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:
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
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
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
Superannuation For Tradies – The 8th Wonder Of The World?
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” – Albert Einstein Albert Einstein famously called compound interest the 8th wonder of the world. And when it comes to superannuation for tradies, he’s absolutely right. Let me tell you why: The power
Get In Early – Implement Your Tax Minimisation Strategies Soon
As the old saying goes, ‘The early bird catches the worm’. When it comes to minimising tax, proactive steps taken well before year-end can prove highly beneficial – and essential to avoid scrambling at the eleventh hour. Every dollar saved on taxes is an additional resource that can be reinvested or used for personal financial
Navigating the Volatile Market of 2023: 6 Tips for Keeping Your Business Afloat
Navigating the currents of today’s market can be treacherous, to say the least. So: It’s essential to have a strong strategy as your anchor. Without a strategy, businesses risk jeopardising their value and revenue by focusing too much on short-term gains. Today we’ve compiled a list of six tips to help you remain competitive in
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ExcellentBased on 14 reviewsStefan 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 moreShane6. 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 recommendColleen Johnson18. September, 2018.Locally owned partners that know there stuff. Transparent, helpful, efficient & friendly. Highly recommended.