Lockwood & WardMay 21, 20191 min readFurther delays to division 7AChanges to Division 7A will be further delayed, as outlined in the 2019-20 Federal Budget. This section of the Tax Act requires benefits...
Lockwood & WardMay 21, 20192 min readGetting PAYG withholding rightAs the end of the financial year approaches, it is important to be aware of changes to compliance obligations for small business owners....
Lockwood & WardMay 20, 20192 min readEssential record keeping at year-endStaying on top of record-keeping all year round can save time, reduce stress for small business owners and help to maximise your tax...
Lockwood & WardMay 14, 20192 min read2019 End of Financial Year ChecklistMaximise your tax deductions for the 2018-19 financial year by planning and reviewing your records. Here are top tips for businesses and...
Lockwood & WardMay 10, 20191 min readFurther extensions for Instant Asset Write-OffThe Instant Asset Write-Off Scheme has been extended to 30 June 2020 for assets purchased under $30,000. The scheme affects small to...
Lockwood & WardMay 10, 20192 min readSingle Touch Payroll to include everyoneSingle Touch Payroll (STP) is changing the way employers report their workers’ tax and super information to the ATO. Employers are...
Lockwood & WardDec 19, 20182 min readTop tips for keeping the taxman happy this ChristmasOver the next few weeks, thousands of Australian businesses will pay for their staff to let their hair down at the annual end of year...
Lockwood & WardJul 20, 20184 min readThinking of selling your business? Nailing your exit plan is keyAfter building your business, putting in all your time, effort and resources, your business is thriving. Now it’s time to put your business