by LBWCA | Mar 8, 2017 | Accounting, Accounting & Tax
On 9 May 2017, the Government announced an extension to the 2015-16 Budget measure providing an instant asset write-off provision for small business. Small businesses can immediately deduct the business portion of most assets if they cost less than $20,000 and were...
by LBWCA | Sep 1, 2016 | Accounting, Accounting & Tax
Legislation was introduced in September 2016 which will have another change in payroll requirements for those employers who employ 20 or more individuals (not FTE’s). The aim of the legislation is reducing administration requirements and automated reporting to the...
by LBWCA | Nov 15, 2015 | Accounting, Accounting & Tax
Accountants who have been dealing in superannuation matters in the past for their clients which will cease on 1 July 2016 if they do not hold a licence to do so. From 1 July 2016 an accountant must be licenced to provide superannuation advice or must be referred to a...
by LBWCA | May 22, 2015 | Accounting, Accounting & Tax
Many of our clients have taken the opportunity to move their accounting software to an Online cloud Accounting package. Particularly over the past 12 months as these online products become more popular and efficient for all users. We have found that clients that are...
by LBWCA | Nov 5, 2014 | Accounting, Estate Planning
A new bill has been introduced into the Victorian Parliament which if passed will make it harder for adult children to challenge wills in Victoria. These new rules are supposed to apply from 1 July 2015. The changes are supposed to defeat the 3 common criticisms of...
by LBWCA | Mar 22, 2014 | Accounting & Tax, Knowledge Centre
The ATO are increasing their focus on rental property deductions, they have noted that common errors are: 1. Claiming deductions when the property is not available for rent, only available for rent for part of the year or only part of the property is available for...
Recent Comments