Blog | McSweeney CA | Consulting Accountants

Working from Home Expenses

Posted on: Tuesday, March 14th, 2023

There have been some recent changes to the working from home expense claims, including new record-keeping requirements from 1 March 2023, and a new fixed rate method for calculating deductions that was introduced by the Australian...

Trust Taxation

Posted on: Monday, May 23rd, 2022

For many years, it has been common practice for business owners and investors who use family (discretionary) trusts to distribute trust income between family members and related entity beneficiaries. Trust distributions are often made...

Budget 2022-23

Posted on: Wednesday, March 30th, 2022

This is a safe, ballot box friendly Budget with a focus on jobs, cost of living, home ownership, and health. Key initiatives include: A 6 month, 50% reduction in fuel excise with effect from midnight Budget nightA $420 cost of...

How to Setup Your Director ID

Posted on: Wednesday, November 10th, 2021

Directors are now required to register for a unique identification number that they will keep for life. What is a director ID? A director ID is a 15-digit identification number that, once issued, will remain with that director for...

2021 COVID-19 Business Grant

Posted on: Sunday, July 18th, 2021

Yesterday the NSW Government released Guidelines for the 2021 COVID-19 business grant. The grant is available to businesses across New South Wales that meet the eligibility criteria. Applications open today 19 July 2021 and close at...