By Melissa Probert, Associate Director.
Many years ago, accounting software and solutions were often an off the shelf product that operated as a stand-alone system or possibly with a point of sale system. Today the rise of cloud-based solutions with a built in API (Application Programming Interface) has enormously expanded the range of options and advantages that these systems can offer and the time and efficiency savings that can be achieved with a well-planned app stack.
Anyone who has made red wine will know what a pair of purple stained hands look like, and Mark Slade and Craig Stansborough from Purple Hands Wines have certainly made some red wine since their first vintage in 2006.
By Ben Spiers, Associate Director.
Everyone talks about spring cleaning their homes, but do you also spring clean your business?
Spring cleaning your business is a great way to refresh and reset, to enable you to refocus and push through to Christmas and set a plan for 2022. It's also a great way to bring your team together socially, as well as ensure everyone in the business is working towards the same goals.
With the end of the financial year, it is the responsibility of the governing body (Board or Committee) of your not-for-profit (NFP), to consider the regulatory reporting obligations that the NFP is required to meet.
The saying might not be “as busy as an air conditioning service business in Darwin”... but it might as well be.
Luke Young is the Managing Director of Mechanical Building Services NT (MBS), a Darwin headquartered commercial air conditioning service and maintenance business which has seen significant growth in the four years he has been working with Lee Green.
As the new financial year is about to begin, our minds here at Lee Green turn to tax! Though it may be some time before you have all of the information needed for the preparation of your individual tax return, we have provided below our handy Individual Tax Return Checklist to help you along the way. You can also download the checklist here.
Once you have compiled all of the information required, please get in touch with us to make an appointment.
By Emma Baird and Saumya Biskudanaruppage, Accountants
Tax time is coming! As the end of the financial year approaches, every income earner is reminded of the essential tasks of collecting and submitting all tax related documents to enable the preparation of your tax return.
by Yvette Goss, Accountant and Superannuation Specialist
There were many proposals announced recently in the Federal Budget regarding superannuation but due to the way superannuation law is enacted in Australia, you may not realise that the earliest that they can come into effect is 1 July 2022. So as the 2020/21 financial year is coming to an end, let’s focus on the changes to superannuation that we do know will apply from 1 July 2021.
by Mike Sweeney, Director
The Australian Federal Budget was handed down on 11th May 2021 and it included a number of new reforms as well as extension of existing tax concessions. The highlights we have extracted from the budget papers are below.
