SUCCESS. KNOWLEDGE. TRUST. CARE.
SUCCESS. KNOWLEDGE. TRUST. CARE.
LMP understand the importance of simple and effective communication in a language that’s easy to understand.
We work with you to maximise your profitability and cashflow while minimising tax.
Located in the Eastern suburbs of Melbourne, offering a wealth of experience, energy and forward thinking.
From 1 January 2025, the Vacant Residential Land Tax (VRLT) will extend to all homes in Victoria that remain unoccupied for more than 6 months within a calendar year, unless an exemption applies. This includes homes under construction, renovation, or deemed uninhabitable for over 2 years.
Here’s a summary of the key changes coming into effect on 1 July 2024.
The ATO has warned that it is looking closely at how trusts distribute income and to who.
New nationwide research released by ASIC’s Moneysmart reveals that 47% of Australian adults with debt, the equivalent of 5.8 million people, have struggled to make repayments in the last 12 months.