A move for us: a change for you
The wait is over, Lockwood Partners and Provide Group will open for business on Monday 24 October at our new location: Level 2, 456 High Street Echuca We appreciate the patience and support of our valued clients over these past few months, and we look forward to welcoming you to our new ...
ASIC Director ID Deadline Approaching
All directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporations are now required to obtain a director ID. A director ID is a unique identifier that a director will apply for once and keep forever and is aimed at preventing ...
Get ready for super changes from 1 July 2022
With the new financial year approaching, there are two important super guarantee (SG) changes that will apply to businesses – how much you need to pay and who is eligible for super. The SG rate will increase from 10% to 10.5% from 1 July 2022. Employers will need to use the new rate to ...
Federal Budget 2023 Summary
The 2022-23 Federal Budget was delivered by Treasurer Josh Frydenberg with a focus on relieving short-term cost of living pressures. Temporary reduction in the fuel excise, one-off cost of living payments and increases to the low and middle income tax offset were just some of the key items. ...
The 2022 Federal Budget and What it Means to You
Following Treasurer Frydenberg’s budget announcement on May 11, the focus of the federal budget for the 2021-2022 financial is largely centred around rebuilding and restabilising Australia’s economy. The budget announcement heralds incoming changes for small businesses and individuals with ...
ATO Returning to Regular Compliance Activities
Business owners should be aware that the Australian Tax Office recently announced a return to regular compliance activities. The ATO’s focus had shifted from compliance work to stimulus payment processing throughout the COVID-19 economic downturn. Few businesses have been left unscathed by the ...
Significant Expansion of the Instant Asset Write Off
The Government will support businesses with an aggregated annual turnover of less than $5 billion by enabling them to deduct the full cost of eligible capital assets acquired from 7:30pm AEDT on 6 October 2020 (Budget night) and first used or installed by 30 June 2022. Full expensing in the ...
We are Seeking Experienced Accountants to Join Lockwood Partners
Lockwood Partners are a progressive accounting firm in the Echuca Moama region recognised for helping individuals and businesses with accounting and management services. Our holistic approach and the extensive experience of our team ensures that our clients receive a high level of advice and ...
What You Need to Know – Working from Home Tax Returns
While for many, working from home has been a difficult transition, there is light at the end of the tunnel in the form of tax returns. For the first time, employees working from home will benefit from a number of deductions that were previously unavailable. What is important is that employees ...
End of Financial Year
From everyone at Lockwood Partners and Provide Group, we would like to thank you for your ongoing support through these uncharted and challenging circumstances. A return to business as usual in some degree is very welcome, but it is expected that we will have to deal with a number of obstacles ...