2017/18 Victorian State Budget

2017/18 Victorian State Budget

The state budget usually plays second fiddle to the Federal budget however there were a few items worth noting in the most current Victorian State Budget including: From 1 July 2017 property transfers between spouses involving commercial properties or investment...
2017/18 Victorian State Budget

Federal Budget 2017-18

Scott Morrison handed down his Federal Budget for 2017-18 last night. He believes the budget will secure better days ahead and uses the catch cries of Fairness, Opportunity and Security. According to the Treasurer we have choices to make and he believes the budget is...
2017/18 Victorian State Budget

Transition to Retirement Pensions Window Ceasing

For all those clients who had a strategy of contributing to superannuation the maximum amount allowed and then take a pension out of their super fund, the window of the benefits of this strategy is about to cease from 1 July 2017. From 1 July 2017 the Government has...
2017/18 Victorian State Budget

Enterprise Tax Bill passes

Finally after some much needed discussions and bargaining the Federal Government it seems has been able to get most of its small business tax cuts through parliament with the commencement date for the increase in the company turnover threshold to $10 million from the...
2017/18 Victorian State Budget

Merry Christmas from Team LBW

The principals and staff would like to wish all our clients a very Merry Christmas and a Happy New Year. Our offices will close at 12.00 noon on Friday 23rd December and re-open on Tuesday 3rd January 2017. Please note that some principals and staff are taking extra...