MHM Accountants was established
in 1996 with a philosophy of providing superior client services.
People in business need a fast, accurate response from their
advisors to help them manage the commercial, financial and
taxation issues that constantly arise. MHM has the experience,
understands the challenges of modern businesses and can provide
the solid practical solutions required for today's business
environment.
MHM was formed by Frank
Manning and Peter Hickson. They gained their experience through
a combined 30 years with Price Waterhouse. With their team
of enthusiastic and highly trained professionals, they are
committed to providing an efficient, comprehensive and cost
effective service to their clients. On 1 January 2003 Bradley
Conn was admitted as a principal of the firm.
One-off Bonuses
The two Bills implementing the one-off bonuses announced in the Nation Building and Jobs Plan are awaiting
enactment.
........click to read detail
Tax Concessions for Businesses
The Government has announced changes to the temporary investment allowance, which was
announced in December 2008. Broadly, the amendments will:
increase the rate to 30% (from 10%) for
eligible assets acquired between 13 December 2008 and 30 June 2009, and install ready for use by June 2010;
........click to read detail
Early Access to Super Benefits
The Tax Office has released an Alert warning people of arrangements offering early release of their
superannuation benefits.
Broadly, the arrangements involve the rollover of superannuation benefits into a self-managed superannuation
fund (SMSF).........click to read detail
Keep Your Receipts
In two separate but related media releases, the Government and the Tax Office reminded
parents to keep receipts relating to expenses incurred on their children’s education if they
wish to claim the education tax refund. ........click to read detail
Beware — Tax Refund Scam
The Tax Office has issued two separate but related media releases warning taxpayers of two
e-mail scams purporting to offer a tax refund.
The scams operate by requesting a taxpayer’s credit card and personal details.
........click to read detail
MHM News
Bushfire Appeal
With the unfortunate events that have occurred to our fellow Australians, the MHM team got together to donate
money towards the appeal. For every $1 in staff donations MHM matched. We donated a total of $1100.
Going to Victoria
Staff member Melinda Cooper recently ventured to bushfire ravaged Victoria to perform bridesmaid
duties for one of her close friends. Evidence of the bushfires was clearly visible from the air with
mountains still smouldering and masses of blackened ground below.
Fortunately, the wedding was held in a little town called Inverloch, which is located in the Gippsland
region, well away from any of the bushfires. The wedding day finally arrived. They woke up only to
be greeted with overcast skies, scattered showers and temperature around 20 degrees (Anyone who knows
Melinda knows this equates to Antarctic conditions). Though in true Victorian form, around 2 hours before
the ceremony, the sun came out and the weather was balmy. All in all, everything went perfectly on the day.
See picture above.
