Tax Compliance & Accounting

Updated guidelines on allocation of professional firm profits PCG 2021/D2

Updated guidelines on allocation of professional firm profits PCG 2021/D2

The Australian Taxation Office has released new guidance for the allocation of professional firm profits. Here’s what you need to know.

Salary sacrifice arrangements for medical professionals

Salary sacrifice arrangements for medical professionals

Medical professionals have the chance to make significant savings by implementing salary sacrifice arrangements. Here’s how it works.

A beginner’s guide to buying cryptocurrency in Australia

A beginner’s guide to buying cryptocurrency in Australia

As digital currencies make inroads into mainstream investing, it’s time to demystify the cryptocurrency market. Here’s a guide if you’re starting out.

Construction industry series: Am I a contractor or an employee?

Construction industry series: Am I a contractor or an employee?

In the first article of our construction industry series, we share how to determine whether you might be an employee or a contractor.

Financial support for Victorian businesses hardest hit by lockdowns

Financial support for Victorian businesses hardest hit by lockdowns

Victorian businesses hardest hit by recent COVID-19 lockdowns will be able to access support payments under new and existing initiatives.

Victorian small businesses eligible for commercial tenancy relief

Victorian small businesses eligible for commercial tenancy relief

Commercial landlords are required to provide rent relief to eligible small and medium-sized businesses...
Financial support for Victorian businesses impacted by July 2021 lockdown

Financial support for Victorian businesses impacted by July 2021 lockdown

Following the commencement of Victoria’s fifth lockdown in July 2021, there are several support programs available to eligible businesses.

Tax rates 2021: Tax brackets for individual income

Tax rates 2021: Tax brackets for individual income

How much tax you pay depends on a range of factors, including earnings, eligible deductions, and exemptions.

Your checklist for end of financial year (EOFY): tax, super, business

Your checklist for end of financial year (EOFY): tax, super, business

To help you get ready for tax time, we’ve put together a checklist that will see you through end of financial year and beyond.

Victorian Government Circuit Breaker Business Support Package – applications now open

Circuit Breaker Business Support Package – applications now open

Small and medium businesses impacted by Victoria’s circuit-breaker lockdown restrictions may be eligible for support under new programs.

Victorian budget 2021-22: Key outcomes for tax, business, property

Victorian budget 2021-22: Key outcomes for tax, business, property

The Victorian government’s 2021-22 budget focuses on investing in infrastructure, creating jobs, and stimulating economic recovery post-pandemic.

Federal budget 2021: Tax offset for video game developers

Video game development tax offset a welcome change of policy

Australia’s video game development industry has received a long-campaigned-for boost as part of the government’s Digital Economy Strategy.

Federal budget 2021: Key outcomes for tax, super, business

Federal budget 2021: Key outcomes for tax, super, business

The Australian federal government’s 2021 budget placed investment and stimulus front and centre as it manages a post-pandemic economy recovery.

Land tax and stamp duty: A guide for beginners

Land tax and stamp duty: A guide for beginners

If you’re planning to purchase a property in Australia, it’s important to fully understand your land tax and land transfer duty responsibilities.

How LDB accountants bring value to the not-for-profit (NFP) sector

How LDB accountants bring value to the not-for-profit (NFP) sector

Not-for-profit (NFP) organisations are a central part of Australian life and Australians love to support...