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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.

Integrity

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.

Innovation

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

Commitment

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 OCTOBER 2024 Annual pay as you go (PAYG) instalment notice (Form N) – due date for payment. Lodgement is only required if yo...

03-10-2024 66 2nd Quarter 2025 Marco Palma - avatar Marco Palma

Paying Super On Payday – New Reform From 01/07/2026

Treasury has released a fact sheet detailing the proposed Payday Super measure announced in the 2023-2024 Federal Budget. The refo...

03-10-2024 153 2nd Quarter 2025 Marco Palma - avatar Marco Palma

Property And Lifestyle Assets In The ATO Spotlight

Own an investment property or an expensive lifestyle asset like a boat or aircraft? The Australian Taxation Office (ATO) are looki...

03-10-2024 69 2nd Quarter 2025 Marco Palma - avatar Marco Palma

Instant Asset Write-Off

The instant asset write-off threshold increased from $1,000 to $20,000 for 2023-2024. Here’s what it means: The increase to the i...

03-10-2024 52 2nd Quarter 2025 Marco Palma - avatar Marco Palma

Record-Keeping for Work Related Expenses

The Australian Taxation Office (ATO) has issued a reminder of the need to gather and retain appropriate records for work-related e...

03-10-2024 64 2nd Quarter 2025 Marco Palma - avatar Marco Palma

Individuals Claiming Home Office Deductions

The Australian Taxation Office (ATO) has issued a list of common questions and answers in relation to individuals looking to claim...

03-10-2024 49 2nd Quarter 2025 Marco Palma - avatar Marco Palma

It Wasn’t Me: The Tax Fraud Scam

You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of ...

03-10-2024 71 2nd Quarter 2025 Marco Palma - avatar Marco Palma

myGovID Is Changing Its Name To myID

myGovID will soon have a new name and look - but you'll continue to use it in the same way.

03-10-2024 88 2nd Quarter 2025 Marco Palma - avatar Marco Palma

The Rise in Business Bankruptcy

ASIC’s annual insolvency data shows corporate business failure is up 39% compared to last financial year. The industries with the ...

03-10-2024 48 2nd Quarter 2025 Marco Palma - avatar Marco Palma

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Let us advise you with your accounting and taxation needs!