LCI Partners

LCI Partners We believe in the power of financial ideas

Accountants | Advisors | Consultants

📅 It’s Tax Time -  Let’s Get Your Return SortedThe new financial year is here, and now’s the time to get on top of your ...
31/07/2025

📅 It’s Tax Time - Let’s Get Your Return Sorted

The new financial year is here, and now’s the time to get on top of your tax return. Whether you’re an employee, sole trader, or small business owner, LCI Partners is here to help you lodge with confidence.

âś… Maximise your refund
âś… Minimise your stress
âś… Receive expert, personalised advice

👉 Book your tax return appointment today: https://www.lcipartners.com/contact/

At LCI Partners, Integrity Is Non-NegotiableIntegrity is the foundation of everything we do. It means being honest, tran...
28/07/2025

At LCI Partners, Integrity Is Non-Negotiable

Integrity is the foundation of everything we do. It means being honest, transparent, and accountable - not just when it’s easy, but especially when it’s not.

We believe our clients deserve advice they can trust, backed by actions that align with our words. Whether it’s managing your finances, growing your business, or planning your future, we’ll always do the right thing, even when no one’s watching.

That’s the LCI difference.

Using Buy Now, Pay Later? New rules are now in effect.From 10 June 2025, BNPL providers must hold a credit licence, foll...
24/07/2025

Using Buy Now, Pay Later? New rules are now in effect.
From 10 June 2025, BNPL providers must hold a credit licence, follow responsible lending laws, and join the Australian Financial Complaints Authority (AFCA). These changes bring stronger protections—similar to credit cards—to help safeguard your finances.

âś… Licensed providers
âś… Responsible lending checks
âś… Access to proper dispute resolution

If you use BNPL services, now’s the time to review your arrangements and ensure your provider is compliant.

đź“– Read more on our blog: https://www.lcipartners.com/articles/

💡 Myth Busting: “I can claim rent if I work from home.”Not so fast. If you’re an employee working from home, you general...
21/07/2025

💡 Myth Busting: “I can claim rent if I work from home.”

Not so fast. If you’re an employee working from home, you generally can’t claim rent as a deduction — even if you have a dedicated workspace. Rent is considered a private expense, and the ATO draws a clear line between working from home and running a business at home.

✅ What you can claim: a portion of running costs like electricity, internet, phone usage, and office supplies — but only if you’re genuinely working from home and keeping good records.

Need help getting your deductions right this EOFY? Let’s chat.

👉 https://www.lcipartners.com/contact/

Is your business performance on par with your industry?The ATO has released updated small business benchmarks using 2022...
17/07/2025

Is your business performance on par with your industry?

The ATO has released updated small business benchmarks using 2022–23 income year data — and they’re not just for comparison. These benchmarks help businesses assess their performance and assist the ATO in identifying potential tax compliance risks.

đź’ˇ Key expense ratios like cost of sales, labour, rent, and motor vehicle costs are used to calculate where your business stands.

If your ratios fall outside the benchmark range, now’s the time to investigate why. It could highlight operational inefficiencies — or raise red flags with the ATO.

Check where your business sits and take control of your performance.

📲 Read more on our blog: https://www.lcipartners.com/articles/

💡 Quick Tip: Don’t forget to declare ALL your income this tax timeGot a side hustle, Airbnb rental, or dabbled in crypto...
14/07/2025

💡 Quick Tip: Don’t forget to declare ALL your income this tax time

Got a side hustle, Airbnb rental, or dabbled in crypto? Even small amounts of extra income need to be declared. The ATO’s data-matching programs are more sophisticated than eve, so transparency is key.

Stay on the right side of the ATO and avoid penalties by making sure everything’s above board.

Unsure what to report? It pays to ask your accountant.

⏳ Deadline approaching: Act now to make your personal super contribution before 30 June!The end of financial year is you...
11/07/2025

⏳ Deadline approaching: Act now to make your personal super contribution before 30 June!

The end of financial year is your opportunity to grow your super and reduce your tax bill — but only if you act in time. If your taxable income exceeds $22,575, you could benefit by making a tax-deductible personal contribution to your super fund.

💡 For example: On a $90,000 salary, a $5,000 personal contribution could save you around $850 in tax and boost your super by $4,250. That’s thanks to the lower tax rate on super contributions (15%) compared to your marginal rate (30%).

To be eligible, you must:
✅ Be under 75 (note: if you’re 67–75, the work test applies)
âś… Stay within the $30,000 concessional contributions cap
âś… Make your contribution by 30 June 2025
âś… Lodge a Notice of Intent to claim the deduction and receive written acknowledgment from your fund
âś… Include the claim when you lodge your tax return

Don’t leave it too late - check your contributions, speak to your adviser, and take advantage of this smart EOFY strategy while you still can.

📲 Learn more on our blog - link in bio.

Build your wealth with clarity and confidence.At LCI Partners, we help you make smart financial decisions now, so you ca...
09/07/2025

Build your wealth with clarity and confidence.

At LCI Partners, we help you make smart financial decisions now, so you can enjoy the future you envision. Whether you're growing your assets, planning for retirement, or securing your family's future, our tailored wealth management strategies are designed to suit your goals at every life stage.

Let’s map out your financial future, together.

📲 Learn more: https://www.lcipartners.com/wealth-2/

Planning to retire soon?Before cashing out your accrued leave, consider this: taking a holiday before retirement could b...
05/07/2025

Planning to retire soon?

Before cashing out your accrued leave, consider this: taking a holiday before retirement could boost your super, reduce your tax, and even impact your Age Pension eligibility.

From super contributions to lump sum tax treatment, the right move depends on your financial goals.

Not sure what’s best for you? This is one decision worth planning for.

Read the full blog: https://www.lcipartners.com/articles/

Sleek, sophisticated, and perfectly positioned. The Glass is a premium residential development just steps from the Broad...
27/06/2025

Sleek, sophisticated, and perfectly positioned. The Glass is a premium residential development just steps from the Broadbeach coastline, designed for those who want it all - location, lifestyle, and long-term value.

Crafted with architectural precision and elevated by luxurious finishes, this project is an exceptional opportunity for buyers and investors alike.

Explore the full project: https://www.lcipartners.com/current-projects/glass/

💡 Want to grow your partner’s super and reduce your tax?Spouse super contributions could be the win-win strategy you’ve ...
24/06/2025

💡 Want to grow your partner’s super and reduce your tax?

Spouse super contributions could be the win-win strategy you’ve been looking for.

If your partner earns less than $40,000, you may be able to:
✔️ Boost their super
✔️ Strengthen your shared retirement plan
✔️ Claim a tax offset of up to $540

Now that’s a gift that keeps on giving.

Learn more here: https://www.lcipartners.com/a-gift-that-keeps-on-giving-spouse-super-contributions-and-the-spouse-tax-offset/

💬 EOFY Myth Busting: “I don’t need to do anything for EOFY my accountant handles it all.”📣 Not quite! While your account...
19/06/2025

💬 EOFY Myth Busting: “I don’t need to do anything for EOFY my accountant handles it all.”

📣 Not quite! While your accountant plays a big role at tax time, EOFY success starts with you. From tracking receipts and reconciling expenses to making last-minute contributions or purchases, staying organised is key.

âś… Tip: Keeping clean, up-to-date records throughout the year means fewer surprises, faster returns, and better financial outcomes.

Need help getting EOFY-ready? Start a conversation with the experts at LCI Partners: https://www.lcipartners.com/contact/

Address

2-4 Northumberland Road
Caringbah, NSW
2229

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm

Telephone

+61298916044

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