BGL Blog

Keep up to date with what’s happening at BGL and in the industry with the BGL Blog.

BGL is proud to partner with an Australian first: Your Wills.

We were thrilled to be partnering with Your Wills – an Australian-based company (supported by…

BGLCorpOctober 31, 2019

BGL Update Homepage

BGL is very concerned with ASIC “Are SMSFs for you?” fact sheet.

The document, in our opinion, contains numerous calculation and logic errors. We wonder what would…

BGLCorpOctober 24, 2019

BGL Update Homepage Technology

Don’t be conned by cheap prices and fantasy spreadsheets!

If a software supplier shows you a PowerPoint presentation and does not show you their…

Ron LeshOctober 24, 2019

Podcast

Molly Banister, Suite Files

In this episode of the BGL Podcast, I was joined by Molly Banister (Twitter:…

BGLCorpOctober 22, 2019

BGL Update Homepage Simple Fund 360

BGL announces integration with Your Wills

BGL is delighted to announce integration with Your Wills – Australia’s fast, hassle-free and extremely…

BGLCorpOctober 22, 2019

BGL Update Homepage Simple Fund 360

BGL integrates Simple Fund 360 with Crestone

BGL is proud to announce Simple Fund 360 integration with Crestone, a reliable and experienced…

BGLCorpOctober 18, 2019

Homepage In the Media Industry

Graham Tuckwell hails peer-to-peer investing ‘revolution’

Australia is “at long last” becoming wise to the misinformation and false assumptions underlying traditional…

BGLCorpOctober 16, 2019

Podcast

Guy Pearson, Practice Ignition

Guy Pearson, Practice Ignition On day 2 of Xerocon I was joined by Guy…

BGLCorpOctober 15, 2019

Homepage In the Media Industry

SMSF investment strategies –– are they a financial product?

Many advisers do not foresee the potential flow-on legal consequences from merely providing an investment…

BGLCorpOctober 14, 2019

Homepage In the Media Technology

Businesses vulnerable as email impersonation attacks increase

There’s been a significant increase in email-based impersonation attacks worldwide over the last three months,…

BGLCorpOctober 11, 2019

Culture Homepage In the Media Wellness

Anxiety in the workplace

Anxiety in the workplace can be due to the culture of the workplace — such…

BGLCorpOctober 10, 2019

Homepage In the Media Wellness

How pay, flexibility and advancement impact your health

The terms and conditions of your employment – including your pay, hours, schedule flexibility and…

BGLCorpOctober 9, 2019

Podcast

Taryn Holman, Super AA

On day 1 of Xerocon 2019 I was joined by Taryn Holman. Taryn is the…

BGLCorpOctober 8, 2019

Homepage In the Media Technology

1 in 3 workers keeps same password after breach

Almost a third of workers are failing to change their passwords after having their data…

BGLCorpOctober 8, 2019

Homepage In the Media Industry

Hope in Financial Planning

With the exit of most of the big institutions, the accounting profession, which enjoys high…

BGLCorpOctober 7, 2019

Homepage In the Media Industry

CPA Australia rails against advice regulation

A convoluted, excessively layered regulatory framework is preventing accountants from being able to replace waves…

BGLCorpOctober 3, 2019

Podcast

Adriana from BGL

On day 1 of Xerocon 2019 I was joined by the new Head of Partnerships…

BGLCorpOctober 2, 2019

Homepage In the Media Wellness

Majority of Aussies say their mood hinders their saving habits

Boredom and “bad days” are among the biggest savings roadblocks for Australians, along with social…

BGLCorpOctober 2, 2019

Homepage In the Media Industry

‘There’s nothing soft about soft skills’

Soft skills could be more important than your technical skills when it comes to landing…

BGLCorpOctober 1, 2019

Homepage In the Media Industry Technology

How To Talk to Your Clients About Cloud Computing Security

To answer the security question and help clients feel comfortable with online working, you’ve got…

BGLCorpSeptember 30, 2019

Homepage In the Media Industry

Your accountant may soon provide financial advice too

Your accountant might soon be able to dish out financial advice, if proposed reforms to…

BGLCorpSeptember 27, 2019

Culture Homepage In the Media Industry Wellness

‘Working harder is not always the smartest’: Why flexible work is paramount in business

While in the past, the accountant was working up to 80 hours a week, he…

BGLCorpSeptember 26, 2019

Homepage In the Media Industry Wellness

Do you absorb and carry stress from your clients?

All accountants should mark Mental Health Month in their calendar. Accounting expert Coco Hou explains…

BGLCorpSeptember 25, 2019

Podcast

Shelley Banton, ASF Audits

Jeevan Tokhi is joined by Shelley Banton, Head of Technical at ASF Audits. ASF…

BGLCorpSeptember 24, 2019

Culture Homepage In the Media Industry

Why You Need To Get Back To The Essentials To Keep Customers

It’s not so long ago that we had to personally engage with customers to communicate,…

BGLCorpSeptember 24, 2019

Homepage In the Media Industry

Fix advice with simpler SOA’s: Software Provider

The government and regulator should consider simplifying the production of SOAs and creating a separate…

BGLCorpSeptember 23, 2019

BGL Update Homepage In the Media

CAANZ and CPA Australia leave their members high and dry!

You may have read the response from CAANZ and CPA Australia this morning to all…

Ron LeshSeptember 20, 2019

Homepage In the Media Industry

Accountants need not join financial planners education arms race, Treasury told

The accounting profession does not have to follow in the footsteps of the financial services…

BGLCorpSeptember 20, 2019

Homepage In the Media Industry

Exemption return a start to fix SMSF advice

The return of the accountants exemption is the first step to fixing the broken SMSF…

BGLCorpSeptember 19, 2019

Homepage In the Media Industry

‘They haven’t asked members’: Accountants’ exemption debate heats up

A software boss has voiced his frustration with the accountants’ exemption debate, arguing that two…

BGLCorpSeptember 19, 2019

Homepage In the Media Industry Technology

Can accounting change to keep a seat at the table?

Digital transformation strategy has been top of mind of late for most organisations. As seemingly…

BGLCorpSeptember 19, 2019

Homepage In the Media Industry

New push to reinstate Accountant’s Exemption

A new push has emerged for the reinstatement of the Accountants’ Exemption with some people…

BGLCorpSeptember 18, 2019

Homepage In the Media Wellness

How to be more conscious and mindful (at work and at home)

Research has shown that mindfulness in the workplace reduces stress, makes people better leaders, aids…

BGLCorpSeptember 18, 2019

Podcast

Paul Murray from AccountKit

On day one of Xercon 2019, I was joined by Paul Murray from AccountKit. Paul…

BGLCorpSeptember 17, 2019

Homepage In the Media Simple Fund 360 Technology

BGL launches tax statement tool

Software provider BGL has released a new tool to automate the processing of investment distribution…

BGLCorpSeptember 17, 2019

BGL Update Homepage Industry

CAANZ and CPA Australia screw over members!

Would you like the return of the Accountants’ Exemption? The Accountants Exemption gives accountants the…

Ron LeshSeptember 16, 2019

Homepage In the Media Technology Uncategorised

Turning today’s staff into the workforce of tomorrow

It’s time for organisations and individuals to determine how they’ll adapt to the rapid rise…

BGLCorpSeptember 16, 2019

Homepage In the Media Industry

Reversionary pension v BDBN: Which one wins?

There is a misconception that reversionary pension documentation will always apply before a binding death…

BGLCorpSeptember 13, 2019

Homepage In the Media Industry

SMSF clients see little value in full advice

Perceptions of distrust and low value continue to exist among SMSF clients when it comes…

BGLCorpSeptember 12, 2019

Homepage In the Media Industry Technology

‘Train your team members’: Accountants warned on increasing cyber threat

Training team members on the importance of cyber security is more critical than ever as…

BGLCorpSeptember 12, 2019

Homepage Industry Wellness

Third of business owners suffer from high levels of psychological distress: Beyond Blue finds

Recognising the impact mental health hardships are having on the small business community, Beyond Blue…

BGLCorpSeptember 11, 2019

Homepage In the Media Industry

Assistant Treasurer calls on ATO to show more gratitude to accountants

Assistant Treasurer Michael Sukkar has called on the ATO to show more gratitude towards accountants…

BGLCorpSeptember 10, 2019

Homepage In the Media Industry Technology

Small business clients urged to get on the ‘technology bus’

Small businesses, including accounting practices, will fall behind on service quality and profitability if they…

BGLCorpSeptember 9, 2019

Homepage In the Media Industry

What’s on the horizon for superannuation and retirement?

A green paper entitled Options for an Improved and Integrated System of Retirement has been…

BGLCorpSeptember 6, 2019

BGL Update Homepage Simple Fund 360

SuperLX is adding new lenders to its platform

The SuperLX SMSF loan platform, which was launched earlier this year and integrates with BGL’s…

BGLCorpSeptember 6, 2019

BGL Update Homepage Industry

Beware of software companies that simply don’t tell the truth

It seems to be “the week of making stuff up”.

Ron LeshSeptember 4, 2019

BGL Update Homepage Industry

How is BGL the accountant’s software?

Ron Lesh FCA is both an accountant and computer science graduate, and his BGL software…

BGLCorpSeptember 3, 2019

BGL Update Homepage Simple Fund 360 Technology

BGL releases Simple Fund 360 Annual Tax Statement tool

BGL is proud to announce the release of a Simple Fund 360 Annual Tax Statement…

BGLCorpAugust 29, 2019

BGL Update Homepage Industry

BGL encourages accountants to participate in the Accountant’s Exemption Review

BGL would like to see all accountants provide a response to the “Review of the…

BGLCorpAugust 27, 2019

Podcast

Jeevan Tokhi explains APIs

Jeevan has been at BGL for almost 14 years, and has worked in various roles…

BGLCorpAugust 27, 2019

BGL Update CAS 360 Homepage Simple Fund 360

BGL adds Smarter SMSF documents to CAS 360 and Simple Fund 360

BGL is proud to announce industry leading document integration with Smarter SMSF – allowing CAS…

BGLCorpAugust 27, 2019

BGL Update CAS 360 Homepage Industry Simple Fund 360 Technology

Why I must call their bluff!

Last week, I read an article on the release of the “so called” first integrated…

BGLCorpAugust 26, 2019

BGL Update CAS 360 Homepage Industry Simple Fund 360 Technology

BGL entertains 1,600+ clients at BGL REGTECH 2019

BGL hosted over 1,600 clients at BGL REGTECH 2019 in Adelaide, Brisbane, Melbourne, Perth and…

BGLCorpAugust 21, 2019

Podcast

Matt Crofts discusses innovation and Simple Fund 360

Andrew Paszko and Matt Crofts catch up to discuss BGL being awarded the 5th most…

BGLCorpAugust 19, 2019

BGL Update CAS 360 Homepage In the Media News Simple Fund 360 Technology

BGL ranked #5 most innovative technology company

BGL ranked #5 most innovative technology company in Australia and New Zealand

BGLCorpAugust 12, 2019

Podcast

Corp Sec and CAS360 with Warren

Andrew and Warren sit down over a burger to discuss corporate secretarial services and CAS360…

BGLCorpAugust 9, 2019

BGL Update Culture Homepage

BGL announces internal promotions

BGL is proud to announce a raft of internal promotions.

BGLCorpAugust 8, 2019

New Zealand NZ BGL Update NZ CAS 360

BGL announces launch of CAS 360 in New Zealand

BGL is proud to announce the launch of its CAS 360 corporate compliance solution in…

BGLCorpAugust 7, 2019

BGL Update Homepage Simple Fund 360 Technology

BGL releases mobile App at REGTECH 2019!

Engage by BGL is an advanced mobile application that will allow BGL clients to provide…

BGLCorpAugust 5, 2019

Homepage In the Media Industry

Penalty interest and TR 2019/2 in the context of SMSFs with LRBAs

The law in relation to the taxation of SMSFs is a complex area of law…

BGLCorpJuly 22, 2019

BGL Update CAS 360 Homepage In the Media Simple Fund 360

Top 3 steps to get started with BGL Software Support!

Before submitting a support ticket with our team, try these simple steps to get started…

BGLCorpJuly 16, 2019

BGL Update Homepage In the Media Industry

Bulk document roll-outs in the SMSF space

For some time I have been watching some very interesting events unfold in the document…

BGLCorpJuly 15, 2019

Homepage In the Media Industry

Applying Fintech to actuarial certificates

BGL partner A.S.A.P. Actuarial have drawn on their experience in the digital advice space to…

BGLCorpJuly 15, 2019

Homepage In the Media Industry

Reversionary pension vs BDBN: which outcome is preferred?

Imagine a conflict between pension documentation and a binding death benefit nomination (‘BDBN’) in a…

BGLCorpJuly 3, 2019

Homepage In the Media Industry

Vital compliance steps flagged for contribution deductions

A change in the 2019 tax return means that SMSFs who want to make a…

BGLCorpJune 24, 2019

Homepage In the Media Industry

Election result should prompt new SMSF push

Accountants and financial planners have been called upon to be more vocal in their promotion…

BGLCorpJune 21, 2019

Homepage In the Media Industry Technology

Adviser Demand For Data Science Education On The Rise

More advisers are seeking courses in data science or technology as automation and big data…

BGLCorpJune 20, 2019

Homepage In the Media Industry

Software firm alerts SMSFs to changes in 2019 SMSF return

While the annual tax return for 2019 does not contain as many adjustments as the…

BGLCorpJune 19, 2019

Culture Homepage In the Media Industry Wellness

The importance of workplace trust

The former CEO of Covey Leadership Center has outlined why facilitating trust amongst staff is…

BGLCorpJune 19, 2019

Homepage In the Media Industry Technology

What workplaces will look like in 2030

A major new report into the future of robotics in the workplace have been released,…

BGLCorpJune 18, 2019

Homepage In the Media Industry

SMSFs warned on trap with TBAR cancellations

With different administration software providers each issuing their own member codes and identifiers, the ATO…

BGLCorpJune 17, 2019

Homepage In the Media Industry

30 June traps avoidable, but record-keeping vital

Advisers struggling to get a contribution into an SMSF ahead of 30 June should consider…

BGLCorpJune 12, 2019

Homepage In the Media Industry

Incorrect determinations issued following system error

While the taxpayers who incorrectly received excess determinations for non-concessional contributions have been given an…

BGLCorpJune 11, 2019

BGL Update Homepage Simple Fund 360

BGL first to release 2019 SMSF Annual Tax Return software

BGL is proud to announce the release of its Simple Fund 360 2019 Tax Time…

BGLCorpJune 3, 2019

BGL Update Homepage Industry

BGL concerned by post election franking credits comments

BGL is concerned about the recent comments made about franking credits.

BGLCorpMay 31, 2019

Homepage In the Media Industry

Accountants, planners team up to expand SMSF offering

Greater numbers of accountants are partnering with financial planners to service the SMSF sector, according…

BGLCorpMay 28, 2019

Homepage In the Media Industry News

‘Dangerous’ clauses surfacing in SMSF trust deeds

Trust deeds containing clauses that cause reversionary pensions to override binding death benefit nominations are…

BGLCorpMay 27, 2019

BGL Update Culture Homepage

At BGL Corporate Solutions we are blessed to have a leader of the calibre of Ron Lesh.

Over the past 5 weeks, Ron demonstrated why he is so well respected and appreciated…

BGLCorpMay 20, 2019

BGL Update Homepage Industry News

To quote ScoMo: Its a miracle !

For those of you who missed it, the Liberal / National Party was returned in…

Ron LeshMay 19, 2019

Homepage In the Media Industry

ATO provides compliance checklist for SMSF wind-ups

The ATO has reminded auditors about some of the specific requirements that trustees must meet…

BGLCorpMay 17, 2019

Homepage In the Media Industry

‘We are not dissuading Australians from using accountants’, says Labor as fight against fee cap heats up

Labor MPs continue to defend the proposed cap on the deductibility of accountants’ fees, as…

BGLCorpMay 16, 2019

Homepage In the Media Industry

Don’t vote Labor if you have an SMSF

As previously advised, the Australian Electoral Commission found a last minute minor hurdle with our…

BGLCorpMay 14, 2019

BGL Update CAS 360 Homepage Simple Fund 360

BGL integrates Simple Fund 360 with new SMSF Loan origination platform SuperLX

BGL is proud to announce a new integration with the recently launched SMSF loan origination…

BGLCorpMay 13, 2019

BGL Update Homepage Industry

Work With Us!

As I reflect on this election campaign, the discussions on both sides of politics, the…

BGLCorpMay 10, 2019

BGL Update Homepage Industry

Now accounting fees are a “subsidy”….

To add to stupidity after stupidity #billthedill told accountants yesterday accounting fees are a “subsidy”.…

Ron LeshMay 9, 2019

Homepage In the Media Industry

Accountants are saying: “Not happy, Bill, not happy.”

Bill Shorten has made a pitch to small business, helping them to employ younger and…

BGLCorpMay 6, 2019

Homepage In the Media Industry

Confusion around Labor’s ‘under the radar’ family trust policy

Small businesses remain confused about the impact of Labor's policy on family trusts as the…

BGLCorpMay 3, 2019

BGL Update Homepage Industry

Labor’s Trust tax to hit 200,000 small businesses – you are probably one of them.

Danny D'Astolto, Partner at Vantage - Tax & Business Services in Kew provided this letter…

BGLCorpMay 3, 2019

Homepage In the Media Industry Technology

What is SAML and why do you need it?

Stage two of the ATO’s operational framework is here with more accounting apps being mandated…

BGLCorpMay 2, 2019

BGL Update Homepage Industry

Accountants: The time to act is NOW!

So with just 2 1/2 weeks to go, NOW is the time to act. NOW…

Ron LeshMay 1, 2019

Homepage In the Media Industry Technology

ATO grants extension after MYOB glitch, doubts cast over Reckon

MYOB has confirmed that clients affected by its system outages will be granted an exemption…

BGLCorpMay 1, 2019

BGL Update Homepage Simple Fund 360

BGL releases Simple Fund 360 integration with A.S.A.P Actuarial

BGL is proud to announce integration with A.S.A.P. Actuarial, an industry leader in digital advice…

Teagan CrozierApril 29, 2019

BGL Update Homepage Industry

Dear Bill Shorten

Dear Bill Shorten, Congratulations on your campaign. You have succeeded in upsetting me. I would…

BGLCorpApril 24, 2019

Homepage In the Media Industry

Accountants are now an election issue, and it’s time to have your say

Accountants have a seat in the boardrooms of Australia’s most powerful companies, and they’re a…

BGLCorpApril 23, 2019

BGL Update Homepage Industry

BGL deplores comments made about accountants by Bill Shorten

BGL Corporate Solutions, Australia's leading supplier of SMSF administration and ASIC corporate compliance solutions, unlike…

BGLCorpApril 17, 2019

Homepage In the Media Industry Technology

How new ATO-introduced security measures will impact accountants

It has been almost a year since the notifiable data breaches legislation came into effect,…

BGLCorpApril 12, 2019

BGL Update Homepage Simple Fund 360 Technology

BGL releases Simple Fund 360 integration with Australian Money Market

BGL is proud to announce that Simple Fund 360 now has an integration with Australian…

BGLCorpApril 10, 2019

BGL Update CAS 360 Homepage Industry Simple Fund 360 Technology

BGL wins Fintech Breakthrough award for Best Regtech company!

BGLCorpApril 5, 2019

Homepage In the Media Industry

The many roads that lead to meeting FASEA’s education standards

The Financial Adviser Standards and Ethics Authority (‘FASEA’) has finalised the acceptable pathways that advisers…

BGLCorpMarch 29, 2019

Homepage In the Media Industry

Common adviser practices with SMSF documents posing liability risk

Advisers who offer standard template documents for SMSFs without asking clients for their preference may…

BGLCorpMarch 28, 2019

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