May 11

Federal Budget Highlights 2021/22

We have pleasure in enclosing a summary of the significant announcements from the Federal Government's 2021/22 Budget. While there were no particular surprises in this year’s budget, just about everyone is a winner. Many of the announcements were released prior to the budget but it continues on with the COVID-19... read more →
May 04

JobKeeper is over – Where to from here?

Many businesses have been kept afloat by the government over the past twelve months, buoyed by the many benefits and concessions from schemes they have deployed. The two largest schemes have been JobKeeper and Cash Flow Boost. Cash Flow Boost ended with the September BAS (in 2020) and JobKeeper officially... read more →
Apr 28
Apr 08
Mar 25
investing in property

Three trends driving real estate investments in a post-pandemic economy

Office real estate is undergoing a fundamental shift, while COVID-19 has accelerated a number of global real estate investment trends, including the continued growth of e-commerce and falling home ownership. However, new trends have also emerged, in particular, the decentralisation of work. Since the pandemic proved the viability of remote... read more →
Mar 15

ATO recommends digital record keeping

Businesses should aim to move towards digitising their tax, super and employee related documents as per recommendation by the ATO. Digital record-keeping has many advantages: • Streamline accounting practices by utilising appropriate software so that you can focus on the business as opposed to ensuring the accuracy of manual/paper records.... read more →
Mar 01
Newcastle Office Move

We have moved Head Office.

Our Head Office has today moved from King Street, Newcastle, to new purpose built offices at 484 Hunter Street, Newcastle. All of our phone numbers, emails and PO Box will remain the same only our physical address which is also used for client meetings is changing. We look forward to... read more →
Feb 11
Feb 02
Jan 20
investments

Starting your investment journey

Investing your money is a great way to grow your wealth, but it can be intimidating to someone who is starting fresh. Investing is unique to each person because of the time and money everyone is willing to invest is different. Before you begin investing you should think about what... read more →
Jan 14
Jan 06
Dec 17

LT’s Gift at Christmas

With the challenges that have been faced during COVID-19, we have given a $3,000 donation to a Newcastle not-for-profit charity organisation called "Survivors R Us Incorporated". This registered charity primarily focuses on the homeless and on helping domestic violence survivors. Since opening on 30th March 2017, SRU helped 12,500 people... read more →
Dec 15
Dec 08
Nov 17

NSW Budget Highlights 2020

2020 NSW BUDGET HIGHLIGHTS Treasurer Dominic Perrottet delivered his fourth budget for the Berejiklian government on Tuesday 17 November 2020, revealing a $16 billion deficit – the first in almost a decade. Employers and Business Payroll tax cuts In May 2020, the NSW Government brought forward by one year the... read more →
Nov 11

FBT and gifts for employees

Employers may want to reward their employees with gifts during the holiday season but may be concerned about whether fringe benefit tax (FBT) applies. As a general rule, minor benefits (such as gifts) are exempt from FBT. To be considered a minor benefit, each individual benefit must have a ‘notional... read more →
Nov 05
improving cash flow

Insolvency reforms to support small business

The government recognises that despite support to get through the COVID-19 outbreak, not all businesses are going to remain viable. Many small businesses will have significantly increased levels of debt in order to remain in business during the COVID-19 pandemic. The government is introducing a number of permanent and temporary... read more →
Oct 28
Oct 21