LG Accounting Solutions

Cash flow worries are one of the most common challenges for growing businesses.

Even profitable companies can experience pressure when income timing, expenses, tax obligations, and payroll don’t align.

The key is having clear financial visibility and structured planning so you can anticipate challenges before they arise.

At LG Accounting Solutions, we work with businesses to improve cash flow management, strengthen financial planning, and create strategies that support long-term stability and growth.

The 2026–27 Federal Budget introduces several key tax changes for individuals, investors, and small businesses.

Key highlights include:

📌 Trust Tax Changes: 30% minimum tax on discretionary trusts from 1 July 2028, with certain exclusions.
📌Negative Gearing Changes: Losses from newly acquired established residential properties deductible only against residential property income from 1 July 2027.
📌CGT Discount Reform: 50% CGT discount replaced with cost base indexation and a 30% minimum tax on gains from 1 July 2027.
📌Increased ATO Compliance: Funding for compliance, data matching, and reporting to strengthen tax system integrity.
📌Permanent Asset Write-Off: $20,000 instant write-off made permanent for small businesses from 1 July 2026.
📌$1,000 Instant Deduction: Work-related expenses up to $1,000 claimable without receipts from 2026–27.
📌Working Australians Tax Offset: Permanent $250 offset from 1 July 2027.
📌Loss Carry-Back Relief: Eligible companies can carry back losses; start-ups may access refundable offsets from 1 July 2028.

Proactive planning and accurate record-keeping will be key to navigating these changes effectively.