Bendigo Accounting & Finance Blog

As we inch closer to the FBT year's end on March 31, it's crucial for businesses to sharpen their pencils and ensure they're not caught off-guard. Let's dive into the key areas that demand your attention.

If financial jargon and tax talk give you a headache, our team at Lead Advisory Group is here to help make things easier! We're exploring the upcoming changes in the Stage 3 Personal Income Tax Cuts slated to begin from 1st July 2024.

As we usher in a new year, businesses and individuals must know the significant changes to state taxes. We are here to guide you through these changes and help you understand their implications, brought about by the State Taxation Acts and Other Acts Amendment Act 2023. These amendments will impact several acts, including the vacant residential land tax and prohibitions on land tax and windfall gains tax apportionment. 

The holiday season is quickly approaching, and while this time of year is full of fun and festivities, it can also be financially stressful. With all the trips, presents and festive meals, you can spend more than you planned. To help you manage your finances during this period, LEAD Advisory Group has put together some tips to help you save money and avoid giving the ATO a bonus this festive season.

Superannuation Guarantee (SG) is a mandatory contribution employers in Australia make for their employees' retirement savings. Despite being a legal obligation, many Australian workers are cheated out of these essential savings, as evidenced by recent estimates by the Australian Taxation Office.

Businesses are encouraged to join the movement in a world where energy efficiency and renewable energy sources are gaining increasing attention. The government has taken a significant step in this direction by introducing a bonus tax deduction for small and medium enterprises (SMEs) that invest in energy-efficient upgrades. This article will delve into the details of this incentive and how your business can leverage it.