I Have Debt? All You Need To Know About PAYG Instalments Before Tax Time Whether you run your own business or earn investment income, planning for your income tax is important to help you keep a healthy cash flow. How many times has it come to tax time only for your accountant to inform [...]
About Locmans AdvisorsLocmans Advisors are industry accounting experts, providing our clients with the Leading Advantage. We provide Accounting, Taxation, Superannuation, Self Managed Super Funds, Tax Planning, Business Advisory, Estate, Wealth and Succession Services. Our Team is skilled in providing tailored industry knowledge across technology, construction, manufacturing and health businesses.
How Accounting Can Help Your Business Decision Making Accounting can be an intimidating industry if you are unfamiliar with the concepts of the financial planning process, but it doesn’t have to be complicated! Our team at Locmans Advisors is here to help, below we have mapped out just how tracking and analysing your financial [...]
COVID Put on Hold Your Plans To Retire? Here's What You Need to Know After a year of postponing and plans put on hold due to the COVID19 pandemic, if you were someone considering retirement you might have been fearing the drop in your super balance, insecure work or an uncertain investment outlook. For many [...]
Inflation? Low Interest Rates? How These Economic Times Effect Your Business What is Inflation? In Australia, the main measure of inflation is the consumer price index (CPI). This measures the rate of change in the average price of a basket of selected goods and services over time. While the CPI can move up or [...]
Fringe Benefits: What Are They and How They Benefit You A Fringe Benefit is a ‘payment’ to an employee, but in a different form to salary or wages. Such as allowing an employee to use a work car for private purposes, reimbursing an expense incurred by an employee such as school or education fees. [...]
Accounting Trends in 2021 Your Business Should be Prepared for Technology and automation are shaking up the world, no industry is untouched and that extends to accounting and finance. Technology developments have changes the way we all do business, transforming conventional bookkeeping services to tracking cash and expenses with every invoice, here are Locmans [...]
JobKeeper Payment Find Out About the New Changes in 2021 One of the defining subsidies of 2020 for businesses affected by coronavirus (COVID-19) has been the JobKeeper payment. Introduced to help businesses stay afloat and workers in jobs the Australian governments JobKeeper program will be in effect until March 28 2021. From January 4th the [...]