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In late April/early May we will be issuing our annual Tax Audit Insurance Premium renewal notices.   What is Tax Audit Insurance?   Audit Shield is an end-to-end tax audit insurance solution that covers accountants’ professional fees and the fees of experts,...

A dedicated tax planning meeting is something that we have been doing for years with our clients. We feel that the amount of income tax you pay should be managed just as prudently as you manage other businessor personal expenses. It’s important, as an owner of a...

We are encouraging any client that has not previously considered this opportunity to review & consider before 30 June 2024 to avoid the risk of missing out. Previously we have written a few blog posts around the opportunities of utilising unused superannuation...

We hope you’ve had a wonderful break, and are refreshed and ready to tackle 2024! We wanted to remind you that as of this Monday, 8th January 2024, our team are back in the office to answer any of your questions. Feel free to book in a meeting via Calendly, or give us...

As 2024 is 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!...

We wanted to let you know that the team at Lark Business Advisory will be taking a break over Christmas and New Years. We'll be closing on Tuesday, 19th December at 12:00pm, and will be back again on Monday, 8th January at 9:00am. If you have any urgent enquiries,...

We've previously written a few blog posts around the opportunities of utilising unused superannuation concessional contributions, and the benefits of doing so. In our last blog post on this subject in June 2023, we noted that any unused cap amounts from the 2019 FY...

The Australian Taxation Office (ATO) has announced its 3 key focus areas for this Tax Time: Rental property deductions Work-related expenses Capital gains tax. ATO Assistant Commissioner Tim Loh said the ATO is continuing to prioritise areas where they often see...

A few years ago, new rules were introduced that allow eligible taxpayers to make extra concessional superannuation contributions above the general concessional cap which is currently $27,500 PA. This involves accessing unused concessional cap amounts from previous...