Latest news - Mazars

Invest for growth with the Small to Medium Business Growth Grant

The Queensland Government’s Business Growth Grant supports high-growth businesses with employment aspirations to purchase and implement specialised equipment or access services supporting business growth. Grant applications may attract funding of up to $50,000 and successful applicants must contribute 25% - 50% of total project costs.

Have you implemented Single Touch Payroll?

If you are an employer the way you report payments, such as salaries and wages, pay as you go (PAYG) withholding and superannuation will be impacted by Single Touch Payroll.
Businesses who employ 20 or more employees, should have implemented Single Touch Payroll from 1 July 2018. Those who employ 19 or less employees now is the time to get prepared with the 1 July 2019 commencement date fast approaching.

5 Tips to tackle a challenging annual bank review

There are many reasons for a borrower to feel a level of dread as the annual bank review and/or banking facility renewal date looms. Some of the more common concerns include the business having had a tough 12 months of trading, the Bank’s equity position may have eroded due to asset values coming under pressure, tax debt has materialised due to cashflow pressures or capital isn’t available to meet impending principal obligations. The natural reaction is to avoid having the difficult discussion with your Banker, or at best to turn up, smile painted on and tell them as little as possible; these are rarely the best approach!

Are you at risk of breaching a Modern Award?

The Industrial Award system in Australia is extensive. The Modern Award system is intended to cover most work and therefore most employees, providing for minimum enforceable conditions. Although the Modern Award system is generally industry based, there are also some occupational Awards that cover employees in all industries, such as the Clerks - Private Sector Award.

Mazars and Hanrick Curran join forces in Australia

Mazars in Australia is pleased to announce that Brisbane-based accounting firm Hanrick Curran, has joined the Mazars accounting network, effective as of 1 January 2019.

Mazars wins Xero Regional Partner of the Year - Asia

At Xerocon 2018, Mazars was crowned as Xero's Regional Partner of the Year- Asia. The annual Xero awards recognise excellence across the bookkeeping and accounting industries, as well as the third-party app developers.

6 Tips to Implement an Integrated Xero Ecosystem Successfully

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With over 1 million users, Xero has rapidly become the software of choice for many entrepreneurs. One of the drivers of its success is its extensive market place. Boasting over 500 third party software products known as “apps”, entrepreneurs can harness the power of a traditional, bespoke ERP at a fraction of the cost.

Mazars and King’s College London launch LL.M in International Tax Law

Mazars, the international accounting and advisory firm, has partnered with The Dickson Poon School of Law, King’s College London, to offer a specialised LL.M (Master in Laws) in International Tax Law delivered through an advanced online learning environment. Mazars is the first firm to offer its employees this LL.M in International Tax Law, which is exclusively open to Mazars tax professionals for the first two years. The inaugural cohort includes participants from four continents.

Foreign Exchange

Mazars has partnered with multi award-winning international payment solution provider Transfermate targeted to clients with high volume and high value international transactions.