LBW Chartered Accountants

Discover the LBW Difference.

LBW is one of Geelong’s largest and most reputable accounting firms which in itself has been serving the business community for over 25 years.

Simon Flowers Simon Flowers

Legislation was introduced in September 2016 which will have another change in payroll requirements for those employers who employ 20 or more individuals (not FTE’s). The aim of the legislation is reducing administration requirements and automated reporting to the ATO. The requirements apply from 1 July 2018 and the test of whether you are affected or not will take place on 1 April 2018. It is anticipated that these requirements will be rolled out to smaller businesses once the large business reporting is bedded down.

The real affect of this requirements is the ATO will have access to re

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As the Government encourages Australians to take responsibility for and reach their retirement goals, a majority of Australians are now required to choose their own superannuation funds.

Self Managed Superannuation Funds (SMSF) are probably the most popular means of saving for retirement (especially if you have your own business). It allows you to take control of your investment strategy (e.g. direct property investments), reduce tax and control administration costs.

LBW realise the importance of effective tax planning and work with you to achieve your business goals and ensure your statutory obligations are met.

Why choose LBW Business Advisory Services?

LBW Chartered Accountants is one of Geelong’s largest and most reputable accounting firms which has been serving the business community for over 25 years.