On 1 July 2021, the super guarantee rate will rise from 9.5% to 10%. If you have employees, you will need to ensure your payroll and accounting systems are updated to incorporate the increase to the super rate. If you…
With the financial year-end fast approaching, there is still time to take advantage of the various superannuation contribution strategies and concessions that are available. The following comprises a brief summary of these strategies and concessions: Personal tax-deductible contributions Concessional contributions…
Single Touch Payroll (STP), is an Australian Government initiative to reduce employers' reporting burdens to government agencies. With STP, you report employees' payroll information to us each time you pay them through STP-enabled software. Payroll information includes: salaries and wages…
Update 9 June 2021 – Business Costs Assistance Program Round Two Top-up Payment A further $2,000 top-up payment will be available to businesses in metropolitan Melbourne that are closed due to extended restrictions announced Wednesday 9 June 2021. This takes…
This year's Federal Budget covers a range of measures including superannuation, tax and support for home buyers. Click on the link below for further information : white label l-2021-federal-budget-client-summary - MLC Lindale Insurances Pty Ltd ATF Lindale…
The JobMaker Hiring Credit scheme is an incentive for businesses to employ additional young job seekers aged 16–35 years. Click to watch ATO video here
We understand that due to COVID-19 your working arrangements may have changed. If you have been working from home, you may have expenses you can claim a deduction for at tax time. Tracking these expenses can be challenging, so we…
Thinking about making a sea-change or tree-change? Wondering if it’s a good time to buy in the city? With house prices rising fast across most of the country, here’s what you need to know to get onto the property ladder…
For many reasons, women face additional hurdles when it comes to achieving financial freedom, so it’s important to take control of your finances now, and be proactive when it comes to planning your financial future. Ladies, it’s time for a…
Have you received an unexpected email or text asking you to ‘confirm’ personal details by clicking on a link or opening an attachment? It could be an attempt to steal your information for financial gain. Identity theft is on the…