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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 APRIL 2023 March 2023 monthly activity statement - due date for lodgement and payment...

13-04-2023 109 4th Quarter 2023 Marco Palma - avatar Marco Palma

Working From Home Changes

The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refres...

13-04-2023 138 4th Quarter 2023 Marco Palma - avatar Marco Palma

Company Money - A Guide for Owners

When you start up a business, inevitably, it consumes not just a lot of time but a lot of cash and much of this is money you have ...

13-04-2023 109 4th Quarter 2023 Marco Palma - avatar Marco Palma

Business Strategy Review 2023

In a volatile market, keeping to a strategy, or let’s face it creating one, can be tough. The downside of not taking time out for ...

13-04-2023 104 4th Quarter 2023 Marco Palma - avatar Marco Palma

Selling a Business - The Pros and Cons of Earn-out Clauses

Earn-out clauses for the sale of a business are increasingly common. We look at the positives and negatives that every business ow...

13-04-2023 171 4th Quarter 2023 Marco Palma - avatar Marco Palma

What Sharing Platforms are Sharing with the ATO

From 1 July 2023, a new reporting regime will require platforms that enable taxi services including ride sourcing, and short-term ...

13-04-2023 98 4th Quarter 2023 Marco Palma - avatar Marco Palma

ATO Targeting Holiday Homes

The Australian Taxation Office (ATO) has issued another reminder for clients and practitioners to be careful when dealing with pro...

13-04-2023 116 4th Quarter 2023 Marco Palma - avatar Marco Palma

ATO Penalties for Overdue TPAR

Businesses and government entities who make payments to contractors may need to report these payments and lodge a Taxable payments...

13-04-2023 178 4th Quarter 2023 Marco Palma - avatar Marco Palma

Releasing Super to Pay Division 293 Tax

Individuals may receive an additional tax on their super contributions, known as Division 293 tax, if their combined income and co...

13-04-2023 94 4th Quarter 2023 Marco Palma - avatar Marco Palma

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Let us advise you with your accounting and taxation needs!