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Today's tax tip

Managing Partner, Doug Mitchell, on the tax implications of buying and selling property.

Recent Posts

Why technology won't replace the role of a trusted adviser

  • 19th Sep 2017

Surviving and thriving in FY2018

  • 24th Aug 2017

Generation X caught in the middle of Australia's economic tranformation

  • 20th Feb 2017

Why technology won't replace the role of a trusted adviser

  • 19/09/2017
  • Doug Mitchell
Blog Single
There's plenty of media hype about how automation and robo-advice could replace traditional tax, business and financial advice; and disrupt the business models of accountants everywhere. We don't buy it and here’s why. Technology is good at information, success is about how you use it Tax, business and financial planning advice is as muc...
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Surviving and thriving in FY2018

  • 24/02/2017
  • Doug Mitchell
Blog Single
The end of the financial year is just as significant as the end of the calendar year for those of us in business. And just as each new calendar year brings opportunities for reflection and goal-setting, the new financial year is the perfect time to consider your business strategy and personal financial goals. Read our tips for surviving and thr...
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Generation X caught in the middle of Australia's economic tranformation

  • 20/02/2017
  • Doug Mitchell
Blog Single
The last Ford ute rolling off the production line in Victoria late last year was a sign of the times. It’s now commonplace for industries with long histories in Australia to transform before our eyes in the wake of globalisation and technological change. And it is Generation X – smack bang in the middle of their working lives – that will feel so...
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Are you on top of changes to Superannuation brought in late last year?

  • 14/02/2017
  • Doug Mitchell
Blog Single
A series of changes to superannuation originally proposed in the Budget became law on 23rd November 2016; finally bringing some certainty to the outlook for professionals, business owners and retirees. The majority of the changes will come into effect in July 1 2017.  This gives everyone a few months to consider the impact of the changes and how...
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540,000 jobs will be added to the start-up economy by 2033. Will one of them be yours?

  • 10/02/2017
  • Doug Mitchell
Blog Single
Economic transformation had led to the highest youth unemployment (12%) and underemployment (16%) in decades. Previous downturns saw high unemployment across the board, while this time job prospects are good for experienced skilled workers and difficult for graduates looking for entry-level jobs that have been automated or off-shored. With littl...
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5 big questions for Gen X business owners facing market upheaval

  • 08/02/2017
  • Doug Mitchell
Blog Single
We often hear the statement ‘small to medium businesses are the backbone of Australia’s economy’ and it’s equally true that backbone is at the forefront of our economic transformation today. Entire industries are being turned on their heads seemingly overnight. The way many businesses have operated for decades no longer cuts it in in the face of...
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Can your established small business adapt to change or is it time to move on?

  • 30/01/2017
  • Doug Mitchell
Blog Single
Many of my clients are facing rapid change in their businesses due to the deflationary forces of globalisation, labour market challenges and technological change. It doesn’t help that consumers are demanding high quality products and services at ever lower prices and trying to meet that need is squeezing margins and slowing growth in many indust...
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Six important questions to ask if you're under 30 and trying to get ahead financially

  • 23/01/2017
  • Doug Mitchell
Blog Single
It’s clear, Australia is part of a global economic transition where technological, social and political disruption are dramatically changing entire industries, products, services and jobs. For those considering their future career or graduating from university or with a few years of job experience, navigating the resulting challenges and opportu...
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Don't get caught out by currency fluctuations

  • 06/01/2017
  • Doug Mitchell
Blog Single
If your business is exposed to the whims of currency fluctuations I think now is the time to seek advice and put safeguards in place. The Aussie dollar may have been trading at or near parity with the US dollar for some time, but if history has taught us anything it’s that there can be major changes over a short period of time. As commodity pri...
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Over 50 with no solid retirement plan? Consider the answers to these 6 questions.

  • 06/01/2017
  • Doug Mitchell
Blog Single
When I talk to clients in their 50s and 60s, many of whom are heading towards retirement, the most common sentiments I hear are “I need to act quickly, but I’m not sure what to do” or “Everything’s changing so fast. I should wait until things settle down.” In reality, neither approach is ideal. Rash decisions in response to changing legislation ...
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Testimonials

Customer Testimonails

Doug and the team at Mitchell Wilson have supported my travel businesses for years. They are great accountants and financial advisers with a deep understanding of our industry who constantly offer valued advice in relation to business strategy, tax planning and personal tax. They take care of everything.

Tom Manwaring CEO, Express Travel Group

They're more than just accountants - they're really GOOD PEOPLE.

They translate the technical talk and keep it RELEVANT.

They're ASTUTE and I can trust their advice.

I wouldn't make a business move without talking to them FIRST.

They create TRUST in our business relationship and that's invaluable.

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