MDB Taxation and Business Advisors

01/04/2025

💸 Think your tax return is sorted? Think again.
If you earn over $97K and don’t hold private hospital insurance, the Medicare Levy Surcharge could be costing you hundreds to thousands in extra tax every year.

And no — this isn’t the standard Medicare Levy. It’s a separate penalty tax that most high-income earners don’t even realise they’re paying.

📊 In this post, we break it down: ✅ What the MLS is (and what it’s not)
✅ How it’s calculated
✅ The 2024–25 income thresholds
✅ How to legally avoid it

👇
Comment “HELP” if you’re not sure whether this applies to you — we’ll check it for you.

📌 Save this post to revisit come tax time.

19/03/2025

🚨 Massive changes to Super payments are coming! From July 2026, payday super becomes mandatory, meaning you'll pay super every payday—not quarterly. Penalties are tightening, but there’s good news too: simplified contribution rules and tax-deductible SG charges.

Swipe through to see what you must know 👉

Save this post or comment 'SUPER' below for a free strategy call to stay compliant and ahead of the curve.

13/03/2025

🚨 Important Alert: Fraudulent Emails & Fake Invoices 🚨

We've been made aware of fraudulent emails being sent out, posing as MDB Taxation & Business Advisors. These scammers are sending fake invoices, attempting to deceive our valued clients.

✅ Please remember:

Our official emails ALWAYS come from our verified domain: .com.au

If you receive suspicious correspondence, do NOT click any links, download attachments, or make payments.

Verify directly with us through our official contact channels:

📞 Phone: 03 9349 1488
📧 Email: [email protected]

We take your security seriously and are actively addressing this issue with authorities.

Please stay vigilant and reach out immediately if you suspect you've received a fraudulent email.

Thank you for your cooperation.

– The MDB Taxation & Business Advisors Team

15/07/2024

Welcome our Melbourne team of experts. With over 100 years of accounting experience in one photo we are here to help you pay the least amount of tax legally possible with out risk of an audit. Chat to our team today to get all your tax and business needs sorted!

Located at 412 Queen Street Melbourne Victoria come past and say hi 👋

30/05/2024

Great to connect with one of our long standing software partners
Our senior team Anna, Ches and Frank had a wonderful time catching up with Adriana from BGL who provide us with amazing SAAS for our corporate and investment solutions for our clients.

24/04/2024

In solemn remembrance and with the deepest respect, we honor the ANZAC spirit. Our hearts and thoughts are with the brave souls who served and sacrificed. Our office will be closed on April 25th in observance of ANZAC Day, as we join in reflecting on the courage and camaraderie that define our nation. We will resume our services on April 29th, carrying forward the legacy of those we never forget.

15/03/2024

As Accountants, we always value the amazing partners we work closely with to ensure you get the best and most efficient outcome possible for your business or personal circumstances without having to get drips and drabs of conflicting information from various people ending in confusing times for your situation.

17/10/2023

Achieve big by breaking it down to SMART goals.

Specific: 🎯 Clearly define what you want to achieve.
Measurable: 📏 Track your milestones and celebrate small wins.
Achievable: 🏋️‍♀️ Set goals within your reach but still challenging.
Relevant: 🌱 Align them with your broader business objectives.
Time-bound: ⏰ Deadlines keep you accountable.
🌟 Follow us to master the art of SMART Goals in business! 🎯

11/10/2023