Lever Group accounting news and tax updates

Taxation Services

We regularly deal with a broad range of personal and corporate taxation issues and make a point of understanding the individual needs of every client. Whether you need advice on company tax, personal tax effectiveness or indirect taxation including payroll tax and GST, our team will identify the best solutions for you.

Our taxation services include:

  • Preparation and lodgement of taxation returns
  • Capital gains taxation planning
  • Fringe benefits tax returns
  • Land tax returns
  • Payroll tax returns compliance
  • Tax planning and minimisation
  • PAYG and superannuation compliance

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Category: Tax Planning

  1. AN UPDATE FROM OUR TEAM

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    While 2020 has been challenging and unpredictable, we would like to reflect on the positives as we prepare for a new, and hopefully less eventful year. 

    We are proud of how our team and our clients have responded to this year’s challenges. Your determination to keep pushing forward and reaching your goals has been encouraging to see.

    Giving our staff a much needed break 

    After a long year dealing with the impact of COVID-19, we are giving our hard working staff a well-earned break. As such, our office will be closed from:

    5.00pm Friday 18 December through to Monday 11 January.

    Our staff have worked harder than ever this year and this means they will get a chance to rest and recuperate, ready for a fresh start in 2021. 

    What this means for your services 

    While our office will be closed over this period, we will be well prepared for JobKeeper declarations and preparing for the JobKeeper Ext 2. You will receive further correspondence regarding the second extension prior to the holiday period.

    2021 - What we are doing 

    Next year we are hoping to bring you more services that you need. Whilst we continue to be your trusted accountants, business and wealth advisors, we will also be partnering with Bloom Wealth & Finance to bring you mortgage broking and finance services.

    Thank you for your support 

    Lastly, we would like to sincerely thank you for your support this year. We truly enjoy the work we do and are proud to be able to work with so many wonderful people and businesses.  

    On behalf of everyone here at Lever Group, we wish you a safe and happy Christmas break and look forward to a wonderful 2021. 

  2. ACCOUNTANCY FEES, COST OR INVESTMENT?

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    As accountants, we're always helping our clients find ways to reduce their overhead costs - one of the seven ways to grow your business. Did you know that your accounting fees are an overhead cost? Should you be cutting this cost? Or do you view us as an investment?

    Expenses are a necessary evil; we can't avoid them and often view them as a grudge purchase with little value add.

    An investment, on the other hand, is about the return on your spend - what you get back as benefits; more cash, more discretionary time, or simply peace of mind that everything is done as it should be.

    The true purpose of an accountant is to provide enduring value to you and your business. It’s no longer just about annual accounts and tax. We believe that all our clients should have, at a minimum:

    • An annual Business Plan
    • An annual Cashflow Forecast
    • Ongoing accountability coaching

    Clients who are investing in these services are reaping the rewards. They know where they want their business to go and have identified the goals they need to achieve to get there.

    If you consider what you spend with your accountant to be a cost, then cut that cost; if you consider it an investment, you need to invest now more than ever.

    "The biggest expense is an opportunity cost." - Anon