Lakewood Accounting is your professional business advisers, located on the Mornington Peninsula, experience the benefits of getting out of the city. We believe in providing the highest quality accounting and bookkeeping services, taxation, financial planning and management consulting services to our clients in a timely and professional manner.
We believe that to be the best, you must have the best team. Explore our team of Business Partners and learn how to increase your performance.
Quality, straight forward advice to make sure you and your business is at its best.
Tax is not for everyone. Lucky it's our specialty.
Be the master of your Super. We make it easier than ever.
Passion and vision to make you more prosperous for the future.
Call our office today to discuss your needs with our speciality team.
Important changes to the age pension in 2017
The asset tests upper and lower thresholds will decrease on 1 January 2017.
In addition, the age pension payable will be reduced by $3, for every $1,000 you hold in assets above this threshold. The current reduction amount, known as the ‘taper rate’, is $1.50 per $1,000.
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Motor Vehicle deductions
From 1st July 2016 the Australian Taxation Office has simplified car expenses deductions.
There are now only two methods available;