LJI Advisory Group

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Two meals. Same business card. Completely different tax treatment.Client dinner with drinks? That's entertainment. Gener...
18/08/2026

Two meals. Same business card. Completely different tax treatment.

Client dinner with drinks? That's entertainment. Generally not deductible, and no GST credits either.

Sandwiches in the office so the team can keep working? That's sustenance. Generally deductible, no FBT. Crack a b**r and it usually flips back the other way.

Meal on genuine overnight travel? Generally fine, as long as your travel records hold up. Bring your partner or a client along and the answer changes.

The FBT year ends 31 March. The thing that causes the trouble usually isn't the rules, it's twelve months of receipts with no record of who was actually at the table.

Worth reviewing your expense policy? Send us a message.

Most business owners value their business on revenue. Buyers don't.Buyers look at adjusted profit and how much risk sits...
13/08/2026

Most business owners value their business on revenue. Buyers don't.

Buyers look at adjusted profit and how much risk sits behind it. Two businesses with identical turnover can be worth very different money.

What actually moves the number:

-How much runs through you personally
-How predictable the revenue is
-Whether the books survive proper due diligence
-Whether the systems exist outside your head

The hard part is that none of it gets fixed in the last twelve months. Value is set by decisions made three to five years before you sell.

If you'd like a clearer view of where your business sits, send us a message.

28 August is the TPAR deadline, and a lot of business owners don't realise it applies to them.If you use contractors for...
04/08/2026

28 August is the TPAR deadline, and a lot of business owners don't realise it applies to them.

If you use contractors for building and construction, cleaning, courier or road freight, IT, or security work, you may need to lodge. For most of those industries it starts once that income hits 10 per cent of your GST turnover.

Before you lodge, check the basics. Contractor ABNs current and correct. Gross amounts including GST, with the GST component reported separately. And online lodgement only now, paper is no longer accepted.

The ATO cross-checks your figures against what your contractors declare, so the detail is worth getting right the first time.

Not sure if it applies to you? Send us a message and we'll help you work it out.

The FY26/27 tax cuts take effect 1 July. The lowest bracket drops from 16% to 15%, worth up to $268 a year per employee....
21/07/2026

The FY26/27 tax cuts take effect 1 July. The lowest bracket drops from 16% to 15%, worth up to $268 a year per employee.

It's automatic, but only if your payroll software is running the new tax tables from the first July pay run. If it isn't, you're either short-changing staff or over-paying the ATO.

Two-minute check now saves a year of corrections. Need a hand confirming your setup? Send us a message. ljiadvisorygroup.com.au

Your primary tax-effective wealth pipeline just expanded.Navigating corporate growth means balancing short-term business...
13/07/2026

Your primary tax-effective wealth pipeline just expanded.

Navigating corporate growth means balancing short-term business profits with long-term personal wealth. As of 1 July 2026, the annual concessional (before-tax) super contribution cap has indexed up from $30,000 to $32,500.

The non-concessional (after-tax) cap has also risen, from $120,000 to $130,000.

For mid-market business owners and corporate directors, the higher concessional cap widens the window to run salary sacrifice strategies or claim personal contributions as a tax deduction, building your retirement nest egg in a 15% tax environment instead of one up to 47%. The higher after-tax cap, meanwhile, gives you more room for larger one-off contributions, useful for business-sale proceeds, an inheritance, or downsizing.

There's also more room now for catch-up contributions. If your total super balance was under $500,000 at 30 June, you can still use unused concessional cap carried forward from the past five years, and with the new $32,500 cap, the ceiling for a single catch-up year is higher than ever. For anyone with lumpy income or a big tax year ahead, it's one of the most powerful deductions in the system.

At LJI Advisory Group, we look beyond the day-to-day balance sheet. We build holistic tax strategies that protect your enterprise value while accelerating your private wealth. Let's design your contribution strategy for FY26/27.

Source: ATO, "Key superannuation rates and thresholds — Contributions caps."

If your payroll hasn't been audited this week, you may already be exposed to back-pay liabilities.The Fair Work Commissi...
07/07/2026

If your payroll hasn't been audited this week, you may already be exposed to back-pay liabilities.

The Fair Work Commission's 2026 Annual Wage Review decision is now in effect. From the first full pay period starting on or after 1 July 2026, modern award minimum wages rise by 4.75%, lifting the lowest rate for ongoing employment to $1,004.90 per week, or $26.44 per hour.

For Brisbane and Gold Coast businesses with award-covered staff, the date that matters is your first full pay period on or after 1 July, not 1 July itself. If your weekly cycle starts mid-week, the new rates apply from the following cycle.

The common pitfall we see with mid-market employers isn't the base rate, that part is easy. It's everything that cascades off it: overtime, weekend and public holiday penalties, allowances, and the super calculated on top. Miss those and the underpayment compounds quietly across every affected employee, every pay run.

There's a second change landing the same day worth flagging: payday super. From 1 July 2026, super must be paid at the same time as wages, not quarterly, so the ATO sees late contributions in real time. Two structural payroll changes, one start date.

At LJI Advisory Group, our accounting and Virtual CFO services keep your payroll structures aligned with each legislative shift, protecting your margins and your compliance.

Is your payroll set for the new financial year? Let's review your systems before the first July pay run.

Source: Fair Work Commission, Annual Wage Review 2026.

This 1 July 2026, Payday Super is live. Every employer, regardless of size, must now pay superannuation at the same time...
30/06/2026

This 1 July 2026, Payday Super is live. Every employer, regardless of size, must now pay superannuation at the same time as wages, with contributions received by each employee's fund within 7 business days of payday. The quarterly cycle is gone.

At the same time, the ATO's Small Business Super Clearing House has permanently closed. If your business leaned on it, super now has to run through SuperStream 3.0-ready payroll software or a commercial clearing house.

Here's what late payment actually triggers, and it isn't a simple interest charge. It's the redesigned Superannuation Guarantee Charge: the unpaid super, a notional earnings component, and a scalable administrative uplift on top. It's built to cost more than paying on time ever would.

The one piece of breathing room: the ATO has confirmed a risk-based approach for year one. Under its first-year compliance guideline, employers making genuine efforts to pay each payday while systems are upgraded won't be its enforcement focus in 2026-27. That's a runway, not a reprieve. The obligation applies in full from day one; the leniency is only on enforcement, and only for employers who are visibly trying.

So the question isn't whether the rules apply to you. They do. It's whether your payroll is set up to pay super every cycle, on time, through a compliant channel, before that runway closes.

The LJI Advisory team is onboarding Brisbane and Gold Coast employers onto automated, SuperStream 3.0-ready payroll now. Reach out today and we'll have your super workflow sorted well ahead of the enforcement curve.

Source: ATO Payday Super (PCG 2026/1) and the Treasury Laws Amendment (Payday Superannuation) Act 2025.

Whether you are planning an eventual exit, seeking equity investment, or structuring a partnership buyout, an accurate b...
23/06/2026

Whether you are planning an eventual exit, seeking equity investment, or structuring a partnership buyout, an accurate business valuation is foundational.

A true valuation looks beyond your current revenue. It evaluates your recurring revenue models, systems dependency, market positioning, and financial risk profiles. June is an excellent time to establish this benchmark as you close out the financial year.

Understand your worth. Let LJI Advisory Group provide the clarity you need for your next strategic move.

Many business owners view their accountant as someone who simply looks at historical data to file a tax return. But true...
15/06/2026

Many business owners view their accountant as someone who simply looks at historical data to file a tax return. But true growth requires forward-looking financial architecture.

A fractional CFO doesn’t just tell you what you spent last quarter. Scale sustainably with enterprise-grade financial leadership, without the full-time overhead.

Ready to elevate your strategy? Message our team today to discuss our bespoke CFO services.

With the end of the financial year just weeks away, Brisbane and Gold Coast businesses face a critical window. If you ha...
09/06/2026

With the end of the financial year just weeks away, Brisbane and Gold Coast businesses face a critical window.

If you haven’t finalised your pre-30 June tax planning, you are likely leaving money on the table. The decisions you make this month will directly impact your bottom line.

Is Your Business Ready? ljiadvisorygroup.com.au

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