Wages, Superannuation and Income Tax Changes Coming 1 July 2021
In advance of the new financial year that is just about to start, we thought it was important to remind businesses of a number of changes in the wages, superannuation, and income tax areas. You may already have measures in place to handle these changes, but as some of these changes have only been recently […]
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Should You Restructure Your Business to a Company?
Whether you are in the start-up phase of your business, or you have been running your business for a while now, the question “should I operate as a company” is likely to have come up at least once. Your reasons for considering a company structure for your business may be strategic, for asset protection, limiting […]
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Why the Working Capital Calculation is Crucial When Buying or Selling a Business
When valuing a business for sale or purchase, owners often believe that the value will be based on a cash-free debt-free multiple of earnings. While this is technically correct from a valuation point of view, the commercial reality of working capital requirements is often overlooked and is the cause of disputes. Working capital is a […]
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Tax Time This Year: More Important Than Ever
May/June is traditionally the most important tax time of the year for businesses, and this year it’s more important than ever. As we sit down and review the projected profit and tax positions for the year, we look to implement any tax minimisation strategies that are required pre-30 June, and project out and plan for […]
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Is Now the Time to Fix Your Home Loan?
With what are historically some of the lowest rates we have ever seen, many clients are asking should they fix the interest rate on their home loan now. How did we get here? The main reason for the low current interest rates is the impact of the COVID-19 recession on the economy. We saw high […]
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Level 1, 56 Hudson Street Hamilton NSW 2303 PO Box 1050 Hamilton NSW 2303
Office (02) 4969 6600
info@lambourne.com.au