Tax Compliance & Accounting

Tax for retirees: What can I claim?

Tax for retirees: What can I claim?

As you enter retirement, it’s nice to know there are certain tax breaks you may be able to take advantage...
Why is having a trust a good idea?

Why is having a trust a good idea?

Discretionary trusts have become an increasingly popular vehicle for protecting assets, providing flexibility...
Tax planning guide for 2017 end of financial year

Tax planning guide for 2017 end of financial year

By Daniel Dubois With the end of the 2017 financial year imminent, now is an appropriate time to review...
Navigating company tax rate reductions from 2017 to 2027

Navigating company tax rate reductions from 2017 to 2027

By Daniel Dubois In the 2016-17 Budget, the government announced that it would reduce the corporate...
ATO warns of increased scams at tax time

ATO warns of increased scams at tax time

People are being urged to beware of scams during the peak tax time period and to protect themselves by...
What you need to know about the government’s foreign resident capital gains withholding payments

What you need to know about the government’s foreign resident capital gains withholding payments

The legislation surrounding the purchase of property from foreign residents is changing in July, so if...
What you need to know about the ATO’s Single Touch Payroll (STP)

What you need to know about the ATO’s Single Touch Payroll (STP)

Business tax and superannuation reporting obligations will soon become more straightforward, thanks to...
LDB’s hot tips for end of financial year 2017

LDB’s hot tips for end of financial year 2017

We’re into the sprint to the end of financial year 2017 so there isn’t much time left to tidy up...
Uber drivers now have to register for GST

Uber drivers now have to register for GST

Anyone who provides ride-sharing services through Uber or similar companies must now register for both...
Tax for sole traders: What can I claim?

Tax for sole traders: What can I claim?

As a sole trader, being aware of exactly what you can claim will help you ward off a large tax bill when...
Have you been hit with a fine from the ATO? How to get help

Have you been hit with a fine from the ATO? How to get help

Individuals and businesses have a responsibility to fulfil their tax obligations with the Australian...
Is my car tax deductible? Vehicle expenses you can claim

Is my car tax deductible? Vehicle expenses you can claim

If your vehicle expenses are directly related to your work, you can claim them as a tax deduction. Here’s...
ldb group backpacker tax

Employers and the ‘backpacker tax’: Changes to working holiday maker tax rates

Tax rates have changed for working holiday makers who are in Australia on a 417 or 462 visa, and employers...
How do small businesses deal with GST payments?

How do small businesses deal with GST payments?

Small to Medium Enterprises (SMEs) need to be aware of their GST obligations and how to make GST payments. Here’s...
Tax for individuals: what can I claim as an employee?

Tax for individuals: what can I claim as an employee?

As an employee, tax time can generate significant cash flow if you understand the system and know what...