Accounting & Tax

Our Geelong tax accountant explains tax strategies for property investments

by LBWCA | Mar 10, 2025 | Accounting & Tax

Buying and selling property can be a great investment to grow your wealth. However, it’s important to keep in mind tax rules that can affect how much money you keep. Good tax planning is essential whether you rent or sell your property or develop land. Getting...

Four ways a business accountant can help you with EOFY

by LBWCA | Jun 2, 2024 | Accounting & Tax

The end of financial year (EOFY) can be a particularly busy time for business owners, as tax time tasks are added to your usual schedule. Hiring the assistance of a business accountant for EOFY can help to ensure that you maximise your potential at tax time while...

Must-do Tips to Prepare Your Business for Tax Season

by LBWCA | May 30, 2024 | Accounting & Tax, Accounting & Tax, Business, Business advisory

End of financial year is fast approaching, and now is an ideal time to get organised ahead of the busy tax season. Your business can avoid any unnecessary stress or setbacks this EOFY by being prepared in advance by following a few simple steps. 1/ Review your...

Federal Budget 2024-25: What you need to know

by LBWCA | May 16, 2024 | Accounting & Tax, LBW News

Treasurer Jim Chalmers handed down the 2024-25 Federal Budget last night, forecasting a surplus of $9.3 billion this financial year. This is the second year in a row the Albanese Government has delivered a surplus, but forward estimates show double-digit deficits for...

Choosing the Right Geelong Business Accountant: Your Key to Sustainable Growth

by LBWCA | Apr 29, 2024 | Accounting & Tax, Accounting, Accounting & Tax, Business advisory

Are you a business owner in Geelong or the wider Victorian area seeking professional accounting services tailored to your specific needs? Look no further! At LBW, we understand that selecting the right accountant for your business is crucial to long-term success and...

Christmas accounting – your XMAS FBT guide!

by LBWCA | Nov 24, 2023 | Accounting & Tax, Accounting & Tax

With the silly season well and truly upon us, many businesses are looking to recognise and reward their staff’s efforts with a Christmas Party. This can be a great way to bring the team together and to celebrate successes in an informal and festive way. It’s important...