Insights

The Federal Budget has announced additional spending on the back of initiatives that have already been implemented by the Government during the year as a result of the economic impact of COVID-19.

On July 1st, Megan Inverarity became Murray Nankivell's newest Director. We asked her to share how she got there.

In an industry with constant price changes and minimal ability to negotiate, it is important for farmers to be aware of costs they can control to ensure their farms are profitable.

Murray Nankivell have recently transitioned to a new corporate compliance software provider called NowInfinity . As a result of this, the way we send you documents regarding your company's dealings with ASIC, has changed.

Robyn is finishing up with Murray Nankivell at Christmas. Robyn has been absolutely fantastic to work with and was a key figure in the success of the merger between Mencel Business Services and Murray Nankivell. She has been instrumental in the transfer of knowledge to get the Murray Nankivell team working seamlessly alongside all our new clients.

How good does our new turf look at Bordertown?Test Match Ready! Many thanks to Andrew Rowett from Sunnyside Instant Lawn for supplying the RTF Fescue turf; Dean Wendelborn for installing the turf and new watering system,

Tax deductions for Australian truck drivers are relatively straightforward. However, there are several common deductions you need to know about to ensure you get the best deal every year. We'll go over things you can claim and can't claim as a truck driver, below.

Last month saw the resurrection of the proposed SG amnesty after the previous bill failed to pass through Parliament.

After 40 years in the industry Rick has decided it is time to retire. Rick ran a successful accounting firm in Naracoorte for more than 25 years which he merged with Murray Nankivell last year.

‍Christopher and Lyn are a retired couple in their seventies and are looking to sell their family home and buy a property by the coast. They've found a house that they like, but their current house hasn't sold. They have money in their super fund which they could withdraw to pay for the property, but they've worked hard over the years to build up their super assets and this is where they'd like to keep their wealth as they know that superannuation is the most tax effective environment for their retirement savings.

We are moving to a different office location in Millicent. We are relocating into a great office space within the new home of the Millicent Veterinary Clinic at 62 Mount Gambier Road.

A profit and loss statement is key to determining your business's taxes. It helps to determine your business's tax liability, and a simple mistake can end up costing you thousands.