McCorquodale Group

Dedicated to providing professional accounting & tax services

Through our experience and expertise, we assist small business owners to make well informed decisions towards their business growth and success.

What sets MCC Group apart from other accountants?
Located in Mentone, in the south eastern suburbs of Melbourne, we are passionate about helping our clients grow their revenue, profits and business value.

Our helpful team here at McCorquodale Group are committed to providing exceptional value and service and we have listened to the needs of our clients, so now offer a full range of accounting, taxation, business advisory and financial services.

While our clients span a broad range of industries, we provide more than just tax returns and compliance and so have added a range of new services adopting the latest technology and systems. We aim to help our clients to build their wealth using tax effective strategies and solutions such as negative gearing and superannuation.

We are dedicated to providing exceptional service to our diverse client base which includes small and medium sized businesses such as the building and construction industry and the related trades. We are also recognized as a specialist in providing advice to the business startup enquiry, and we help you every step of the way, as we understand the issues confronted by small and medium sized business owners.

Explore Our Services

We are a proactive and innovative accounting and business advisory firm providing accounting,
taxation and other services for small business and other clients.

CLOUD ACCOUNTING

What is Cloud Accounting?

Cloud accounting is best described as ‘online accounting’. Instead of installing and running your accounting software on your local computer you access the software and your data files over the internet.  Your data is securely stored ‘in the cloud’ rather than on your local hard drive or server which means you have access to your financial data from anywhere, at any time, using any device including your mobile phone or tablet. All you need is an internet connection. Most people now use the cloud for applications like internet banking.

Is cloud accounting right for you?

We aim to help you unlock the financial potential of your business. One of the foundation stones in your business ‘wall’ is your accounting software and one size certainly doesn’t fit all businesses. There are a number of software packages on the market and they vary in functionality and price. Before we recommend any accounting software package we always ask two key questions:

1. What does your business need? Payroll, inventory, debtors, creditors, invoicing or a full blown general ledger so you can produce your own financial statements?
2. What is your level of accounting skill?

As such, your choice of accounting software will depend on your business needs and level of accounting skill. For that reason we support a number of programs including cloud based solutions.  Increasingly our clients are opting for cloud based bookkeeping solutions because of the flexibility. You can run your business from home, work or on the go. The cloud also has the benefit of 24/7 access and all you need is an internet connection and your password.

You can access your financial data via the internet and invite your accountant or bookkeeper to view your accounts at the same time. This means you can get bookkeeping assistance and valuable advice in real-time. Log in online anytime, anywhere on your Mac, PC, tablet or smart phone to get a real-time view of your cashflow. Your data is completely secure, even if your computer is lost or stolen.  Your data is automatically backed up and stored at various secure offsite locations.

All your invited users have access to the latest version of your financial data and you never need to worry about installing software or updates. Your data is never out-of-date and provided your subscription is current, software updates are automatically available when you login. Large upfront fees and switching costs are eliminated using cloud based solutions. These services run on a pay as you go basis so you only pay for what you use and the costs are 100% tax deductible.

Ultimately the idea is to let you spend more time working ON your business and less time on your record keeping. If you would like a demonstration of a cloud based software solution to assess the suitability to your business, contact us today.

ACCOUNTING, TAXATION & GST

Australian Tax Law is complex and constantly changing.  In addition, the GST environment places considerable emphasis on compliance and lodgement deadlines.

Our team members here at McCorquodale Group in Mentone, continually keep on top of latest developments and we provide a comprehensive accounting and taxation service to assist both individuals and business owners with their compliance obligations.

A significant part of our strategy is to provide clients with timely and accurate advice on tax matters including legitimate tax minimisation strategies.  We bring a personal approach to tax and are able to provide expert consulting advice as well as meet your compliance requirements.

Our range of accounting and taxation services include:

• Income Tax – BAS, IAS, PAYG
• Goods and Services Tax (GST)
• Capital Gains Tax (CGT)
• Fringe Benefits Tax (FBT)
• Superannuation including Self Managed Super Funds
• Small Business Tax Concessions
• Salary Packaging
• Managing and Preparing for Taxation Audits
• Business Start Up Advice
• Business Restructuring
• WorkCover
• International Tax
• Estate Planning
• Obtaining ATO Rulings
• Payroll Tax

Beyond Compliance…

We aim to be more than just another accounting firm simply offering accounting and taxation compliance services.  Our intention is to be a proactive and innovative accounting and advisory firm delivering personal, timely and quality advice together with cost effective strategies and solutions.

We have the experience and expertise to help business owners in the areas that often make the difference between just surviving and potentially thriving including an extensive range of consulting services:

• Management and Financial Accounting
• GST Consulting
• Strategic Planning
• Taxation Consulting
• Succession Planning
• Tax Planning & Minimisation
• Forensic Accounting Services
• Business Valuations
• Business Sales and Acquisitions
• Finance Applications and Submissions
• Superannuation Planning
• Budgeting and Forecasting
• Risk Management
• IT Services and Advice
• Software Selection & Training
• Financial and Retirement Planning