Well we are delighted to report that not only did he raise enough to meet the challenge....he raised so much that he was able to convince his wife Rose to join him!
From 19 January 19 2017, newly registered small businesses will be provided with the option to report less GST information on a simpler BAS.
The wide ranging superannuation reforms originally announced in the 2016-17 Federal Budget have passed Parliament.
As the majority of the reforms start from 1 July 2017, it’s important to consider how these might impact on you and whether you need to take any action before then.
Although the government is still to finalise the exact details, it is a good idea to plan ahead, and to be aware of the major changes that will apply from next year.
In a recent article that appeared in the itnews.com.au, financial scams have been brought squarely into the spotlight again.
It was reported that in South Australia, police have recently issued a warning to companies after a local business was scammed out of $1.5 million by offshore attackers masquerading as a supplier, having obtained sensitive business information through a targeted phishing campaign
Do you have a real understanding of what it means to be a company officeholder? How do you stay compliant, or make sure your company details are up to date and that you’re paying your annual statement on time.
The sly, underhanded activities Australia’s illegal phoenix and tax avoidance schemes are being exposed and systematically shut down by a new alliance that involves the Australian Taxation Office (ATO) and Australian Securities and Investments Commission (ASIC).
Let’s face it, thinking and talking about death and what happens there after can be a pretty morbid affair…but what if you don’t?
The Ultimate Treadmill Challenge started in 2007 when Jane Kilkenny started with 6 treadmills and a dream to raise money for charity. The event sees the treadmills running constantly for 24 hours.
It’s tax time…..and we all know what that means! Yes, it’s time to get the shoebox out, sort the receipts and get organised for your dreaded tax return.
But the start of a new financial year also tends to bring another issue altogether….scammers who are keen to cash in on peoples confusion and lack of time when it comes to filing their return.
The Australian Tax Office (ATO) has given small businesses some breathing space by extending the deadline for compliance with the new SuperSteam to October 28 this year.
On 13 May 2013 the Federal government announced that it would introduce a 10% withholding tax on payments made to foreign residents who dispose of certain taxable Australian property. Do you know what this means and does it affect you?
Please be aware that if you have created a MyGov account and linked it to MyTax, the Australian Taxation Office (ATO) has advised that any assessments or other important information will be delivered to your MyGov inbox and not directly to us as it has been in the past.
SuperStream is a new initiative introduced by the Australian Taxation Office (ATO) designed to standardise processing of superannuation data and payments electronically, allowing the process of employers paying superannuation entitlements to employees more streamlined.
In March we wrote about our friend and client Leigh Gesthuizen who was embarking on The Long Ride - a ride of more than 500kms raising much needed awareness and funds for the fight against Prostate Cancer. LMP are proud to support Leigh on this epic journey.
In this blog Leigh shares with us his experiences.
The Long Ride is more than 500kms and many days on the back of a motorcycle travelling with groups of other riders across the Australian countryside.
Why? It’s all in the name of raising much needed awareness and funds for Prostate Cancer. And, of course, doing something different, adventurous and fulfilling with your life.
Cloud computing has become a $100+ billion industry across the globe. For users it is easy to access and easy to use because for users on a desktop computer or handheld device, the cloud provides instant access to data anytime, anywhere there is an Internet connection.
So…you are thinking about getting into the property investment market, but you haven’t quite worked out what the strategy is. Everyone else is doing it so maybe I should. There are a lot of people that spruik rental property purchases but they focus heavily on the tax benefits. Is that a good reason to buy or is there something else? What does negative gearing mean and why has there been so much talk in the media about it.
LMP's own Jon Moller is trying to make a difference and support JDRF Australia - a cause he is very passionate about.
If you work in a particular trade that involves manual labour then you are undoubtedly a tradie…or trades person.
Any financial outlay that you have in order to be able to carry out your job is classed as an expense. Tradies have many costs in doing their business, including transport, tools and safety or particular types of clothing.
