Lincolns Accountants

The Northern Territory leg of the Lincolns Rural Tour gave our team the opportunity to hear firsthand about the realities of running businesses in some of Australia’s most remote regions.

From cattle stations and outback farming operations to the transport and support businesses behind the industry, every conversation offered a different perspective.

One of the biggest takeaways was hearing from first-generation farmers who have built their operations from the ground up, something quite different to the multi-generational farming businesses many of us are familiar with in the Great Southern.

Thank you to everyone who joined us and shared their experiences with the team.

Meet Thomas, our Behind the Desk feature for May! 👋

He heads up our Audit team, a dedicated nerdy drama watcher, and someone who'd take the top job in the country for a day just to cut through the noise.

We're so glad to have Thomas on the Lincolns team. ❤️

A warm welcome to some of the newest additions to the Lincolns Accountants
team 👋

Joining across accounting, IT and client support roles, they’ve already become great additions around the office over the last couple of months.

Great to have you all on board.

The Federal Budget introduced a number of proposed changes that could affect Australians across business, employment and investment.

Our team has been working through the announcements and unpacking some of the key measures, including proposed tax changes, updates for discretionary trusts, changes to negative gearing and new measures for small businesses.

Keep your eye out for our May newsletter featuring the Federal Budget, coming out soon. If you have questions about how these announcements may apply to you or your business, our team is here to help.

PAYG (pay as you go) Instalments can be confusing, especially when you first receive a notice from the Tax Office.

They are not extra tax. They are prepayments towards your next tax return.

This post breaks down the basics in a simple, practical way.

If you need help understanding your PAYG Instalments, reach out to the Lincolns team today.

We’re excited to be bringing our Rural Tour to the Northern Territory.

This session is designed to bring together practical advice, industry insight and real conversations around the challenges and opportunities facing rural businesses today.

With speakers from Lincolns and industry, it’s a chance to step back from the day-to-day and focus on what’s ahead.

Free event.
RSVP today to [email protected]

There’s a lot that goes into running a business day-to-day - but some of the most important things are easy to put off.

Like understanding what your business is actually worth, or making sure your systems are ready for upcoming changes like Payday Super.

In this month’s newsletter, we break down:
• How business valuations really work (and what influences them)
• Practical ways to improve your value over time
• What Payday Super means for your payroll and processes

It’s a helpful read if you’re thinking ahead - even if you’re not planning to sell anytime soon.

Read the full newsletter here:
https://www.lincolns.com.au/newsletter/edition-159-how-is-a-busines-value-calculated

The right payroll system will save you time, money and a lot of stress.

If you are still not sure which one suits your business best, reach out to the Lincolns team today. 👋