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With 2025 just around the corner, and as many businesses prepare to close for the Christmas/New Year break, I wanted to use this chance to reflect on the year that’s been. I’ve put together a summary of the highlights of our year at Lark Business Advisory below....

The Vacant Residential Land Tax (VRLT), subject to a few exemptions, currently applies to residential properties that are empty for more than 6 months in a calendar year. The current VRLT applies to the inner and middle suburbs of Melbourne in listed Council areas....

With the holiday season fast approaching, we wanted to give you a quick heads-up about our office closure. Our team will be taking a well-deserved break to recharge and spend time with our loved ones over Christmas/New Years. We'll be closing on Thursday, 19th...

Recently a long-standing client asked us if we also prepare financial statements & income tax returns for Self-Managed Superannuation Funds (SMSFs). Whilst our experience in SMSFs exceeds 25 years it dawned upon us that we haven't actively promoted this, and there...

Now that we're a few months into the 2025 financial year, several important changes have been introduced to Superannuation, and we wanted to provide you with a comprehensive update to keep you fully informed.   Concessional contributions cap The concessional...

We are excited to be one of the main case studies featured in Ignition's latest 'Smartest Businesses' campaign! The campaign talks about how Ignition has transformed the way thousands of accounting and professional services businesses engage clients, bill and get...

As we enter a new financial year, authorities are urging Australians to stay vigilant against tax scams. This year, there has been a notable increase in impersonation scams targeting individuals. During tax time, people are more likely to interact with financial and...

“The best way to predict your future is to create it” Abraham Lincoln Lark Business Advisory are here to help you design your future, and accelerate your progress! Let’s design your future together following one or more of our processes: DISCOVERY MEETING This is the...

For all of our business clients that employ staff, we wanted to remind you of the upcoming changes to compulsory superannuation contributions that will impact you from 1 July 2024. Current Position Under Australia’s Superannuation Guarantee Laws, employers are...

We’ve previously written a few blog posts around the opportunities of utilising unused superannuation concessional contributions, and the benefits of doing so. This is a friendly reminder that this is your last opportunity to take advantage of this opportunity before...