We see the 'people' behind the 'numbers'.
At MBA, we understand that your work life and personal life are intrinsically linked and the goals you set for each are heavily impacted by the other. Every set of numbers we look at is somebody's life story. This is why we make sure we take into account and plan for your life circumstances as a whole rather than focusing exclusively on one or the other.
We listen to you, and apply our specialised knowledge in the many areas of accounting and taxation to ensure that your needs are met with the highest quality of advice combined with our friendly personal service.
We offer a full range of targeted services including:
Located in Mornington, we service many clients in all nearby suburbs including Frankston, Mount Eliza, Mount Martha, Safety Beach, Dromana, Rosebud, Rye, Sorrento, Portsea, Seaford, Carrum Downs, Langwarrin, Somerville, and Hastings as well us those towns surrounding these suburbs.
These days though, we are finding that geographical proximity to your accountant has diminished in importance due to advancements in technology and an increase in options for communicating effectively so we also have many clients spread around the greater Melbourne metropolitan region, regional Victoria, and several clients interstate. Essentially, we can work with you closely no matter where you are located!
Still in the "sweet spot," but expect more volatility ahead.
Lately, the ATO is taking a particular interest in scenarios where properties are renovated and then on-sold.
Under the current GST law, GST is included in the purchase price of new residential premises and new potential residential land;
One question investors often ask about claiming depreciation on a rental property is 'how will these claims effect Capital Gains Tax (CGT) when the property is sold?