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Latest Blog posts

Federal Budget: Super shake-up

This year’s Federal Budget saw a raft of changes to superannuation with introduced measures intended to improve the sustainability and integrity of Australia’s superannuation system. The following measures were…

June 16, 2016General

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LRBA deadline extended

The ATO has extended its 30 June 2016 deadline to 31 January 2017 for SMSF trustees to review limited recourse borrowing arrangements (LRBA) for non-arm’s length income. The Tax…

June 16, 2016General

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ATO imposes stricter guidelines for SMSF borrowing

Self-managed super funds (SMSF) have until 30 June 2016 to conform to the ATO’s new rules on related party loans. A guidance paper released by the Tax Office stated…

May 31, 2016General

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ATO targeting rental properties

The ATO has begun issuing letters to rental property owners in popular holiday locations whose rental income was lower than expected. In the lead up to the end of…

April 15, 2016General

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Property investment tax tips

Now is the time for property investors to take advantage of the tax strategies available to them. Travel The cost of travel to inspect or maintain rental properties or…

April 15, 2016General

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ATO crackdown on rental property tax claims

The ATO is targeting those who rent out their property for a few weeks during the year but claim a full year’s worth of tax deductions. The tax office…

February 17, 2016General

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User Testimonials

Awesome! If you want a hands-on accountant who knows his stuff…Tony Lee is the man!Sam Saggers

Tony Lee and his team at Lee & Lee is without a doubt Australia’s number one accounting firm.!John Mu

Thanks so much. You guys are outstanding in every area – and that is so rare to find.Dan

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