LMP Accountants

LMP Accountants We are a dynamic, dedicated and highly professional team of Accountants and take a personal approach to working with our clients. We listen, engage and advise.

We are a dynamic, dedicated and highly professional team of Accountants and take a personal approach to working with our clients, tailoring our advice and services to meet their diverse range of needs. Located in the Eastern suburbs of Melbourne, we offer a wealth of experience gained from many years of practice. Our depth of knowledge, combined with our young, dynamic team gives us a unique persp

ective when working through the range of services we offer our clients and we understand the importance of simple, straight forward and effective communication. Our clients are the driving force behind our standards of excellence and professionalism, care and respect, and also play a large role in our ethos of commitment to community. The services we offer are complemented by a wide network of professional consultants who we know and trust to offer expert advice in their own areas of expertise such as financial planning, legal advice, stock broking, quantity surveyors, IT, OH&S, business coaching and HR services. We base our service on taking a holistic approach to your current financial position and future goals and dreams, taking a particular focus on wealth creation.

Before we met them, they had an $8 million tax bill on a $40 million gain.They had seen five accountants.Not one had ask...
19/07/2026

Before we met them, they had an $8 million tax bill on a $40 million gain.

They had seen five accountants.
Not one had asked a single question about the land itself.
They accepted the liability as a given.

After one conversation, the outcome changed completely.

We asked what they had done on the land. The answer unlocked a capital gains concession that had been sitting there, unclaimed.
The gain came out tax-free — all $40 million of it.

The bridge between those two outcomes was not expertise.

It was curiosity.

Most accountants are trained to process returns efficiently.
They are not trained to ask questions that slow them down.
But the question is where the money is.

If your accountant has never surprised you with a finding, that is worth reflecting on.

What question has your accountant not asked you yet?

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

Most businesses are reviewed once a year.Just enough to be compliant.Not enough to be optimal.Here's the difference betw...
16/07/2026

Most businesses are reviewed once a year.

Just enough to be compliant.

Not enough to be optimal.

Here's the difference between lodging a return and reviewing a structure. 👇

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

She had been running her business for over a decade.Every year, the same accountant.Every year, the same process.No hard...
14/07/2026

She had been running her business for over a decade.

Every year, the same accountant.
Every year, the same process.

No hard conversations.

When she came to us, the first thing we did was look at her company structure.

What we found changed everything.

She had been drawing cash from the company for years.

Not as wages.
Not as dividends.
Just transfers — because that was how it had always been done.

That is a Division 7A problem.

Division 7A is a tax law that treats those transfers as unfranked dividends.
Tax is payable — and in her case, it had been building for years.

Her previous accountant saw the returns.
Lodged them without a word.

I am not going to say he was being careless.

But I will say this: the job of an accountant is not just to lodge the return.

It is to look at the whole picture and say something.

We had a difficult conversation.
Not comfortable for either of us.
But it was the right one.
The liability was manageable.

We fixed it.
She stayed with us.

If nobody has ever made you uncomfortable about your structure — it might be worth asking why.

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

Five accountants.One $40M gain.Zero questions asked.Here's what happened when someone finally did. 👇Darren HaycraftLMP A...
12/07/2026

Five accountants.

One $40M gain.

Zero questions asked.

Here's what happened when someone finally did. 👇

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

Our average tax rate across the practice is 20%.That does not happen by chance.It happens because we look at every clien...
09/07/2026

Our average tax rate across the practice is 20%.

That does not happen by chance.

It happens because we look at every client's structure and optimise it for the best tax outcome.

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

Most business owners have never heard of Division 7A.Here's what it is, why it matters, and what a proactive accountant ...
07/07/2026

Most business owners have never heard of Division 7A.

Here's what it is, why it matters, and what a proactive accountant does about it. 👇

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

The client had a $40 million capital gain.They were expecting to pay tax on most of it.When they came to me, I asked som...
05/07/2026

The client had a $40 million capital gain.

They were expecting to pay tax on most of it.

When they came to me, I asked something simple: “What did you do on the land?”

That question changed everything. The answer unlocked capital gains concessions nobody else had looked for. The gain came out tax-free.

We saved them $10 million.
$10 million... not a trivial amount.

I am not saying this to impress you. The five accountants before us were not incompetent. They just never asked that one extra question.

Most accountants are built around processing: lodging, compliance, getting through the workload.
Asking questions slows things down. Getting curious about your situation takes time. Time they haven’t built into the fee.

But that is exactly where the money is.
Not in the rate.
Not in the structure on paper.
In the questions nobody asks.

What’s the best question your accountant has ever asked you?

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

New financial year.Fresh start.Whew!Did you just manage to scramble through June, not sure if everything was done, got a...
30/06/2026

New financial year.
Fresh start.
Whew!

Did you just manage to scramble through June, not sure if everything was done, got a tax bill that came as a surprise?

Or did you enter July knowing exactly where the business stands, what's owed, and what's coming next?

The difference isn't magic. It's a proper mid-year conversation where your accountant asks:

✅ How are you tracking?
✅ What big decisions are coming up before June?
✅ Have you checked that your super is reconciled?
✅ Do you know what your work cover premium will be based on?

These aren't complicated questions. But they don't get asked if the only conversation you have with your accountant is when it's too late to act on any of it.

The new financial year is the best time to set this up.

If you want an accountant who has the mid-year conversation, we'd be happy to chat.

Follow me for more plain-language tax and business updates.

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

Today is 30 June.New financial year starts tomorrow.For a lot of business owners, today feels like an arbitrary date on ...
29/06/2026

Today is 30 June.

New financial year starts tomorrow.

For a lot of business owners, today feels like an arbitrary date on the calendar.

For us, it's the moment the whole picture comes into view.
➡️ STP finalisation
➡️ Work cover reconciliation
➡️ Super balance confirmed and reconciled
➡️ Outstanding debtors reviewed
➡️ Loan balances checked
➡️ Profit distributions confirmed

Most accountants focus on the tax return.

We focus on it all because the tax return is just one piece of a much bigger picture.

If your business entered today without having any of these conversations, that's worth noting for next year.

The business owners who come out of 30 June with clarity are the ones who had someone look at the whole picture, not just the P&L.

Happy New Financial Year.

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

Most business owners hear from their accountant once a year.Maybe twice if you're lucky.A proactive accountant works acr...
28/06/2026

Most business owners hear from their accountant once a year.

Maybe twice if you're lucky.

A proactive accountant works across the whole year.

Here's what a full-year engagement actually looks like.

How many of these touchpoints does your current accountant hit?

Follow me for what good accounting really looks like.

Darren Haycraft
LMP Accountants — Taxation | Accounting | Business Consultancy
📞 (03) 9723 7100 | lmp.com.au

Address

Suite 4-7, 66-68 Maroondah Highway
Croydon, VIC
3136

Opening Hours

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

Telephone

03 9723 7100

Website

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