Fringe Benefits Tax (FBT) applies to most non-cash benefits provided to employees in addition to their salary or wages. For employers, understanding FBT is essential to stay compliant, avoid penalties,... read more →
From 1 July 2026, employers across Australia will be required to pay superannuation to employees at the same time as salary and wages – a major shift from the current... read more →
Setting up a Self-Managed Super Fund (SMSF) is only the first step in a long-term financial strategy. While many Australians are drawn to the control and flexibility an SMSF offers,... read more →
After a proper break, getting back into business mode can feel tough. January can feel like one long Monday, making your vacation seem further away by the day. But for... read more →
As we approach a new year, many businesses are focusing on building stronger teams, improving culture and setting the foundation for sustainable growth. One area that deserves renewed attention is... read more →
As Australia begins 2026, there’s no better time for business owners and financially savvy individuals to step back, review, and plan for the year ahead. The start of the year... read more →
When it comes to Christmas, many of us opt for the simplest solution: giving cash. While practical, it often gets absorbed into everyday spending and quickly forgotten. If you’d like... read more →
Ah, Christmas! It’s that magical time of year when Santa Claus jets across the world delivering presents, joy, and sugar-induced meltdowns for parents everywhere. But as seasoned accountants and financial... read more →
It’s not unusual for work and leisure to overlap during the festive season. You might attend a client meeting while away on holiday, or extend a business trip with some... read more →
The festive season is a great time to show your staff appreciation. Many business owners like to give Christmas gifts, but a common question arises: are these gifts tax-deductible? The... read more →
The festive season often brings more than just holiday cheer. For many Australians, it’s also a time of extra shifts, overtime hours, and sometimes even a Christmas bonus. While that... read more →
For sole traders, the end of the calendar year can be a hectic time - faced with wrapping up the work for the previous year and preparing for the following... read more →
No one enjoys the idea of an Australian Taxation Office (ATO) audit, but it’s a reality that both individuals and businesses should be prepared for. The good news is that... read more →
Ever noticed your super balance going up and down, even when you haven’t made any changes? It’s not just about fees, contributions, or insurance premiums - it’s also about how... read more →
Ah, Melbourne Cup Day — Australia’s race that stops the nation. Whether you're in the stands at Flemington, watching from the office TV (that's the LT Team), or just there... read more →
Australia’s superannuation system is set for one of its biggest shake-ups in decades. The government’s “Payday Super” draft proposal aims to make super payments faster, fairer, and more transparent -... read more →
An in‑depth look at the current gold price and why gold is drawing so much attention right now: The Current Gold Price Snapshot As of mid‑October 2025, gold is at... read more →
Losing someone close to you is one of the hardest things we go through in life. During such times, dealing with practical matters like tax can feel overwhelming. But remember,... read more →
Diversification is often hailed as a smart growth strategy—spreading your business into new products, services, or markets so you’re not reliant on a single revenue stream. When done well, it... read more →
Scams move fast in Australia—especially around tax time, banking, deliveries and myGov. Right now we’re seeing a spike in impersonation scams delivered by email, SMS and phone that mimic the... read more →