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Welcome to MFP & Co

MFP & Co works to the highest standards in providing first class client service. We take a proactive approach and are committed to forming close partnerships with our clients. This way we can understand your unique situation and customise the assistance we provide to suit your needs. We understand the importance of having an accounting firm that is dedicated to finding new and innovative ways of assisting clients to achieve their goals.

Our commitment to excellence is evident in the hardworking nature of our firm and the exceptional services we offer. We specialise in providing small and medium owner-managed businesses with the financial and business advice they require for profitable growth.

The accounting and financial services industry is extremely competitive, especially with some organisations promising the world to acquire clients. At MFP & Co we only offer services to which we are able to deliver in a logical, efficient, effective, and user friendly manner. Our success in this practice finds our clients not only enjoying our services, but also enjoying promoting us to colleagues and associates.


We believe that honesty and consistency is paramount to any service, and as such our promise is to provide the same quality of service throughout our relationship.


Change is inevitable. To maintain the status quo in many instances is the fundamental source of decreasing productivity and wealth.


The agreement and program that is negotiated at inception will be carried throughout our business relationship and expect to be held accountable otherwise.

Latest Newsletter

Key Tax Dates

21 JANUARY 2024 December 2023 monthly business activity statement - due date for lodgement and payment except for business clie...

30-12-2023 1457 3rd Quarter 2024 Marco Palma - avatar Marco Palma

Key Issues for 2024

INCOME TAX CUTS AND THE END OF SOME CONCESSIONS From 1 July 2024, the stage 3 tax cuts that radically simplify the personal incom...

30-12-2023 1121 3rd Quarter 2024 Marco Palma - avatar Marco Palma

How to nominate an agent in Online Services for business

The agent nomination process is a new requirement by the Australian Taxation Office (ATO) to help ensure only your authorised tax ...

30-12-2023 1685 3rd Quarter 2024 Marco Palma - avatar Marco Palma

Fixing a mistake

It’s only human to make a mistake or forget to do something. When it comes to your tax return, the good news is you generally have...

30-12-2023 1577 3rd Quarter 2024 Marco Palma - avatar Marco Palma

Closing your business

If you decide to close your business, don’t throw out all your records just yet. Record keeping rules still apply when you sell or...

30-12-2023 1024 3rd Quarter 2024 Marco Palma - avatar Marco Palma

Self-education Expenses

The Australian Taxation Office (ATO) have released a new draft ruling on self-education expenses. We revisit the deductibility of ...

30-12-2023 1444 3rd Quarter 2024 Marco Palma - avatar Marco Palma

Tax on super balances over $3 million

Legislation enabling an extra 15% tax on earnings on super balances above $3 million is before Parliament. ...

30-12-2023 1500 3rd Quarter 2024 Marco Palma - avatar Marco Palma

Payday Superannuation

On 2 May 2023 the Australian Government announced that from 1 July 2026, employers will be required to pay their employees’ super ...

30-12-2023 1677 3rd Quarter 2024 Marco Palma - avatar Marco Palma


BEWARE OF SMSF PROMOTER SCHEMES Be on the lookout for promoters who provide misleading and false advice on accessing your super e...

30-12-2023 1313 3rd Quarter 2024 Marco Palma - avatar Marco Palma

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Let us advise you with your accounting and taxation needs!