News

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Superannuation

SMSFs with late annual returns face restrictions under new ATO rules

Self-managed superannuation funds (SMSFs) with late annual returns, or late income tax returns, may face...
How to use superannuation catch-up concessional contributions

Superannuation

How to use superannuation catch-up concessional contributions

With the new financial year well underway, it’s time to consider how you can top up your superannuation...
What is risk capacity and risk tolerance and how do they impact your investment strategy?

Wealth Management

What is risk capacity and risk tolerance and how do they impact your investment strategy?

Before making an investment decision, you need to understand how your risk capacity and tolerance will...
LDB’s quarterly share market review: Fourth quarter 2019

Wealth Management

Australian shareholders gain robust returns in 2019

After a challenging 2018, investors were rewarded in 2019, as the Australian share market reached new...
The difference between contractors and employees

Business Advisory

The difference between contractors and employees

With the rise of the gig economy, Australia is seeing a significant proportion of the workforce take...
Post-audit debrief: How to review your year-end financial audit

Audit & Financial Reporting

Post-audit debrief: How to review your year-end financial audit

Audits are costly and time-consuming exercises, so it’s important to review your audit results to ensure...
CGT main residence exemption eliminated for expats

Tax Compliance & Accounting

CGT main residence exemption eliminated for expats

In a blow to Australian expats around the world, a new law denying the main residence exemption to Australians...
Meet Daniel Griffiths, Accounting Manager at LDB Group

Company News

Meet Daniel Griffiths, Accounting Manager at LDB Group

The business of footy first attracted Daniel Griffiths, LDB Group’s Accounting Manager, to accounting...
From employee to sole trader: Cash flow impact from different tax timing

Tax Compliance & Accounting

From employee to sole trader: Cash flow impact from different tax timing

When making the move from a Pay As You Go (PAYG) employee to a sole trader, understanding and navigating...
From employee to sole trader: Non-commercial loss rules

Tax Compliance & Accounting

From employee to sole trader: Non-commercial loss rules

People shifting from a Pay As You Go (PAYG) employee to a sole trader are often confused about how to...
Are work vehicles exempt from Fringe Benefits Tax (FBT)?

Tax Compliance & Accounting

Are work vehicles exempt from Fringe Benefits Tax (FBT)?

Tradespeople often receive a ute, van or other vehicle as an employee benefit, however this can attract...
Proposed reforms to Division 7A and how it may impact you

Tax Compliance & Accounting

Proposed reforms to Division 7A and how it may impact you

Companies are a commonly used entity by businesses and family groups for asset protection, the availability...
Australian stock market heads sideways amid volatile conditions

Wealth Management

Australian stock market heads sideways amid volatile conditions

The Australian share market traded sideways during the third quarter of 2019, gaining just 69 points...
What you need to know about Transfer Balance Account Reports (TBAR) for self-managed superannuation funds

Superannuation

What you need to know about Transfer Balance Account Reports (TBAR) for self-managed superannuation funds

If you have a self-managed super fund (SMSF) and are looking to draw an income from it soon, then you...
ATO scrutinises self-managed super fund (SMSF) investment strategies

Superannuation

ATO scrutinises self-managed super fund (SMSF) investment strategies

The Australian Taxation Office (ATO) has pushed 18,000 self-managed super fund (SMSF) trustees to improve...