Lloyd Accounting Co

20/10/2025

We are looking for a new team member 😀

Join a leading Albury accounting firm as a Receptionist / Accounts Assistant – admin & client service role.

29/05/2025

Still haven't migrated your business' books and accounting to the cloud? It's not too late to get help in setting up.

Once set up, you can use Xero cloud accounting for invoicing, see who’s paid and who’s running late. It even sends reminders on late payments

28/05/2025

Are you holding property in your SMSF or sitting on a super balance around $3 million? With the Division 296 tax legislation likely to be introduced from 1 July 2025, now is the time to understand how these changes could affect your retirement strategy.

Our latest blog unpacks what Division 296 means for individuals and SMSF trustees with high super balances. The proposed tax will impose an additional 15% on the earnings attributed to the portion of your super that exceeds $3 million, including both realised and unrealised gains. This new measure is set to impact not just the ultra-wealthy, but a growing number of Australians as the $3 million threshold is not indexed and SMSFs often hold concentrated assets like property.

We break down how the tax is calculated and the practical steps you can take now to prepare—whether that’s reviewing asset valuations, considering timing of withdrawals, or modelling your future tax liabilities.

If your super or SMSF balance is approaching or above $3 million, don’t wait—read our blog for clear insights and actionable advice to help you navigate the coming changes with confidence.

What you need to know about Division 296 tax which could reshape retirement planning for Australians with substantial superannuation balances

27/05/2025

Are you feeling like you're stuck in the financial grind? You're not alone. But here's an interesting way forward, starting from wherever you are.

Barefoot uses three buckets to help you escape the grind. 1. Spend. 2. Grow your wealth. 3. Feeling better about your money. Here's how

26/05/2025

What's the best thing about having an accountant that understands your unique situation? We'd love you to tell us in the comments.

21/05/2025

Business owners - if you had a do-over, would you be one of the 26% who wouldn't choose to go into business in 2025? We're talking a key strategy for sustaining yourself as a business owner.

Let's talk business owner sustainability, not just work-life balance, but financially. How? A non-negotiable committment to paying yourself.

20/05/2025

Having worked with businesses on both sides of the border for more than 20 years, we've seen firsthand how local knowledge can make all the difference. What's the one thing you wish your accountant understood better about running a business in our border community? We'd love it if you'd share in a comment below.

19/05/2025

Being an accountant here in Albury Wodonga isn't just about tax returns. Nor is it just about being across the latest round of changes to the tax legislation - although important, it's just hygiene factor stuff. Rather, what really matters to us is being a financial partner who understands the ground you and your business are standing on.

18/05/2025

Operating a business in a region like Albury Wodonga comes with some unique challenges that the big Sydney or Melbourne accountants simply don't understand.
✅ Local economic patterns
✅ Regional grant programs
✅ Border business networks
Those things? They're why we love working with our border community.

Lloyd Accounting Co are a team of accountants in Albury Wodonga that offer accounting, business and tax advice based on decades of experience

31/03/2025

Please remember to check your file backups are actually happening. Today is , hence the reminder. You might also want to think about keeping an extra backup off-site (as added protection for your data)

13/02/2025

We love our clients. We love their work and, most of all, we love looking after them. Turns out they feel the same way.
"𝘒𝘦𝘳𝘳𝘺 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘵𝘦𝘢𝘮 𝘢𝘵 𝘓𝘭𝘰𝘺𝘥 𝘈𝘤𝘤𝘰𝘶𝘯𝘵𝘪𝘯𝘨 𝘩𝘢𝘷𝘦 𝘣𝘦𝘦𝘯 𝘭𝘰𝘰𝘬𝘪𝘯𝘨 𝘢𝘧𝘵𝘦𝘳 𝘰𝘶𝘳 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘢𝘯𝘥 𝘵𝘢𝘹 𝘢𝘧𝘧𝘢𝘪𝘳𝘴 𝘧𝘰𝘳 𝘤𝘭𝘰𝘴𝘦 𝘵𝘰 𝟤𝟢 𝘺𝘦𝘢𝘳𝘴. 𝘛𝘩𝘦 𝘓𝘭𝘰𝘺𝘥 𝘈𝘤𝘤𝘰𝘶𝘯𝘵𝘪𝘯𝘨 𝘵𝘦𝘢𝘮 𝘩𝘢𝘷𝘦 𝘥𝘦𝘭𝘪𝘷𝘦𝘳𝘦𝘥 𝘵𝘪𝘮𝘦𝘭𝘺, 𝘢𝘤𝘤𝘶𝘳𝘢𝘵𝘦 𝘢𝘯𝘥 𝘰𝘶𝘵𝘴𝘵𝘢𝘯𝘥𝘪𝘯𝘨 𝘴𝘦𝘳𝘷𝘪𝘤𝘦. 𝘕𝘰𝘵𝘩𝘪𝘯𝘨 𝘪𝘴 𝘦𝘷𝘦𝘳 𝘵𝘰𝘰 𝘩𝘢𝘳𝘥. 𝘒𝘦𝘳𝘳𝘺 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘵𝘦𝘢𝘮 𝘢𝘳𝘦 𝘫𝘶𝘴𝘵 𝘯𝘰𝘵 𝘯𝘶𝘮𝘣𝘦𝘳 𝘤𝘳𝘶𝘯𝘤𝘩𝘦𝘳𝘴, 𝘵𝘩𝘦𝘺 𝘵𝘳𝘶𝘭𝘺 𝘩𝘢𝘷𝘦 𝘰𝘶𝘳 𝘣𝘦𝘴𝘵 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵𝘴 𝘢𝘵 𝘩𝘦𝘢𝘳𝘵." Graeme & Vicki Roy

10/02/2025

Do you consider your accountant to be friendly? Do they have your best interests at heart? Or are you just a number to them. If so, maybe it's time for a rethink. When you're looking around, here are 7 questions you'll want to ask them.

Seven questions to ask before hiring your next accounting firm - or your very first. Including their experience length, depth & service level