QBO have advised that there will be a price increase in their products commencing today (4th March) along with some changes to the structure of how the files will be charged.  If you are currently using Quickbooks, please note the following:

Simple Start

Only 1 employee will be included free of charge (previously 2 employees).  Any additional employees will be charged at $4 per employee per month.

Essentials

Only 3 employees will be included free of charge (previously up to 10 employees).  Any additional employees will be charged at $4 per employee per month. 

Plus

10 employees will be included free of charge (this remains unchanged).  Any additional employees will be charged at $4 per employee per month.

The pricing increase is a $5 increase to each file across the board, therefore for a customer to purchase a new Plus file now, it will increase from $35 to $40 per month.  However, as always, there's a benefit to being an LBW client.  As preferred partners LBW can purchase it on your behalf and get the same file for just $20.00.  This is a 50% saving to your business.  Contact us to find out more.

Not many people actually know what Financial Advisors do. My friends and family often think I’m some form of accountant, or just some guy who knows about tax and is really passionate about the share market (which is partially true).

In their simplest form, Financial Advisors help people achieve their goals, whether that be having a holiday in the Maldives and sipping Mojitos in two years’ time, or helping a single mother afford to send her kids to school so they can get an education.

So, to help you get an idea of how you can achieve your goals, I have outlined how strategic financial planning can help you achieve 3 of the most common Australian dreams.

Travel Around the World in First Class

Single Touch Payroll (STP) was introduced on 1st July 2018 for all businesses with 20 or more staff (substantial employers).  The Bill to extend the Single Touch Payroll (STP) reporting requirements so they apply to all employers, regardless of the number of employees has now passed the Senate and will be Law.

This means STP is set to be rolled out in stages to smaller organisations with less than 20 employees as at 1 July 2019.

What do you need to know?