Tax Compliance & Accounting

Navigating new legislation: optimise your finances with tax reduction strategies post-stage 3 tax cuts

The recent legislative updates surrounding the much-discussed Stage 3 tax cuts have now been solidified...

Maximising your return: navigating the latest income tax changes

With the release of the Mid-Year Economic Financial Outlook (MYEFO) in December 2023, the Federal Government...

Tax Implications of Christmas Gifts for Staff and Clients: Navigating Deductions and FBT

Explore the tax nuances of Christmas gifts for staff and clients, including FBT, income tax, and GST considerations with LDB's expert guidance

Is my car tax deductible? Vehicle expenses you can claim

Understanding FBT Exemptions for Electric Cars: Key Tax Considerations for Employers in 2024

In May 2023, LDB provided an update about the potential exemption for certain electric and hybrid cars...
Business Structuring Options in Australia's Building and Construction Industry: A Case Study Approach

Structuring Options for a Construction Business

We look at the pros and cons of the different structuring options for a construction business in Australia.

https://www.ldb.com.au/tax-compliance/tax-accountant-melbourne-payroll-tax-liability-for-medical-practices/

Navigating Payroll Tax Liability: Implications for Medical Practices

Payroll tax - Navigating Payroll Tax Liability and the Implications for Medical Practices.

LDB Team Attends Xerocon Sydney: Unveiling the Future of Xero

LDB attends Xerocon, explores Xero's future and its integrative apps for businesses

What does a financial planner actually do?

Bonus deduction for Skills and Training expenditure

Due to recent legislative change, businesses which meet certain conditions will be able to claim a bonus deduction for Skills and Training expenditure

Updates to fringe benefits tax (FBT) for vehicles

Updates to fringe benefits tax (FBT) for vehicles

Changes to fringe benefits tax (FBT) in relation to the use of company vehicles have been introduced this year. Here’s what you need to know.

Federal budget 2023-24: key outcomes for tax, super, small business

Federal budget 2023-24: key outcomes for tax, super, small business

The federal budget shares changes that will impact key areas of tax, superannuation, and small business operations. Read on for a summary.

What is GST? Your guide to goods and services tax

What is GST? Your guide to goods and services tax

GST is a tax on the supply of goods and services – here’s how you’ll know if you are required to pay GST and how it all works.

Why making voluntary repayments on HELP debts could benefit you

Why making voluntary repayments on HELP debts could benefit you

If you have a HELP debt, there may be benefits to paying off your debt before June 1, regardless of whether that is in part or in full.

Hubdoc for Xero: what to know about the accounting software add-on

Hubdoc for Xero: what to know about the accounting software add-on

Hubdoc for Xero is the software add-on favoured by small to medium businesses because it streamlines accounting processes.

Shortcut method for work-from-home deductions scrapped

Update: Shortcut method for work-from-home deductions

Individuals who work from home and claim tax deductions will need to keep detailed records and be mindful of some changes.

Tax rate increase for superannuation balances over $3m

Tax rate increase for superannuation balances over $3m

The federal government will introduce an additional tax to superannuation earnings on balances of more than $3 million.