by LBWCA | Mar 1, 2017 | Business, SMSF
This is a reminder for everyone to check prior to 30 June 2017: Concessional Contribution – Check that you haven’t breached the $30,000 employer contributions limit (or $35,000 if you are over 50 years) if you have been salary sacrificing into super. If you do...
by LBWCA | Feb 20, 2017 | Business
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...
by LBWCA | Feb 10, 2017 | Business
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...
by LBWCA | Dec 27, 2016 | Accounting & Tax, Business
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...
by LBWCA | May 11, 2016 | Business, Accounting & Tax
On Tuesday 3 May 2016 the New Treasurer Scott Morrison released his 1st Federal Budget. The Treasurer stated the budget was “not just another budget but in fact was an economic plan to head into a diverse new world economy for Australia”. The Treasurer...
by LBWCA | May 10, 2016 | Business
As announced in our May 2016 newsletter, there are major changes upcoming for the superannuation area. As stated previously the Government seems to have its short sighted blinkers on in relation how people will be able to fund for their retirements with some...
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