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It’s SUPER THEFT!

By Australian FinTech, In the Media, IndustryNo Comments

It’s SUPER THEFT!

Ron Lesh, Founder and Managing Director of BGL Corporate Solutions (BGL), Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment portfolio management software, has called the latest raid on our super by the Albanese government Super Theft.

On Tuesday 28 February 2023, the Albanese government announced that earnings on superannuation balances above $3 million will be subject to a 15% tax rate hike to 30% up from the current rate of 15%. This is not a modest change. It is a substantial change to your super.

“The politicians are quick to label companies that make an error in their payroll wage theft – well, I’m calling them out now for Super Theft,” said BGL’s Managing Director Ron Lesh. “Apart from breaking an election promise, this new tax would appear to have been their intention before the election. It is unfair to hard-working Australians who have legally saved for their retirement and have accumulated balances through making contributions and smart investing. And just another example of the Albanese government’s total disregard for the financial well-being of Australians.”

“Today, this new tax will affect between 80,0000 and 120,000 hard-working Australians. With no indexation applied to the $3 million cap, the Financial Services Council estimates this number will rise to 500,000 over time,” noted Lesh.

“Limiting politicians, public servants and judge’s defined benefit pensions to what can be earned with the current $1.7 million balance transfer cap would be a much better way for the   Government to raise revenue”, added Lesh.

“Since the Albanese Government came into power, we’ve already seen huge increases in interest rates, electricity, gas, food and services. With this new tax, I’m deeply concerned Labor will soon come after Australians with changes to negative gearing, franking credits, capital gains tax, wealth or inheritance taxes, or even taxing the value of the family home,” says Lesh.

“So, I urge Australians to stand up and be counted, to share this message with family, friends and workmates and be vigilant in protecting their financial future,” concluded Lesh.

It’s SUPER THEFT!

By In the Media, Industry, XU MagazineNo Comments

It's SUPER THEFT!

On Tuesday 28 February 2023, the Albanese government announced that earnings on superannuation balances above $3 million will be subject to a 15% tax rate hike to 30% up from the current rate of 15%. This is not a modest change. It is a substantial change to your super.

“The politicians are quick to label companies that make an error in their payroll wage theft – well, I’m calling them out now for Super Theft,” said BGL’s Managing Director Ron Lesh. “Apart from breaking an election promise, this new tax would appear to have been their intention before the election. It is unfair to hard-working Australians who have legally saved for their retirement and have accumulated balances through making contributions and smart investing. And just another example of the Albanese government’s total disregard for the financial well-being of Australians.”

“Today, this new tax will affect between 80,000 and 120,000 hard-working Australians. With no indexation applied to the $3 million cap, the Financial Services Council estimates this number will rise to 500,000 over time,” noted Lesh.

“Limiting politicians, public servants and judge’s defined benefit pensions to what can be earned with the current $1.7 million balance transfer cap would be a much better way for the Government to raise revenue”, added Lesh.

“Since the Albanese Government came into power, we’ve already seen huge increases in interest rates, electricity, gas, food and services. With this new tax, I’m deeply concerned Labor will soon come after Australians with changes to negative gearing, franking credits, capital gains tax, wealth or inheritance taxes, or even taxing the value of the family home,” says Lesh.

“So, I urge Australians to stand up and be counted, to share this message with family, friends and workmates and be vigilant in protecting their financial future,” concluded Lesh.

BGL Masterclass returns in March 2023 as a live event

By In the Media, Industry, XU MagazineNo Comments

BGL Masterclass returns in March 2023 as a live event

BGL Corporate Solutions, Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment portfolio management software, has announced its BGL Masterclass will return as a live and in-person event in March 2023.

“We are excited to hit the road and catch up with our clients in Adelaide, Brisbane, Hobart, Perth and Sydney,” said Ron Lesh, BGL’s Managing Director. “The BGL Masterclass is a must-attend event for BGL CAS 360, Simple Fund 360 and Simple Invest 360 clients wanting to learn how to unlock the full potential of their software and boost their productivity”.

Presented by BGL product experts Warren Renden, Head of CAS 360, Jeevan Tohki, Head of Simple Fund 360 and Andrew Paszko, Simple Invest 360 Product Manager, the BGL Masterclass will cover topics including new and key features and their benefits, best practice workflow and processes, essential BGL Suite integrations and time-saving tips, tricks, and shortcuts. Plus, attendees will get a sneak peek at BGL’s product roadmaps.

“BGL launched its Masterclasses in 2020 as a live and in-person event,” continued Lesh. “However, like everyone else, we were forced to move online during the pandemic. So, we are thrilled to finally run the BGL Masterclasses as intended, as an in-person, interactive and immersive team learning experience for our clients”.

“Educating our clients to ensure they have the skills and knowledge to get the most out of their BGL software is a top priority,” added Lesh. “That’s why we provide our clients with extensive learning and help resources, including live and on-demand online product training options, live webinars, education weeks and more.”

The BGL Masterclass will take place in Hobart (02/03), Adelaide (07/03), Perth (08/03), Sydney (21/03), Brisbane (22/03) and Melbourne (28/03).

For more information and to secure tickets, please visit www.bglcorp.com/bglmasterclass.

BGL Masterclass returns in March 2023 as a live event

By Australian FinTech, In the Media, IndustryNo Comments

BGL Masterclass returns in March 2023 as a live event

BGL Corporate Solutions, Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment portfolio management software, has announced its BGL Masterclass will return as a live and in-person event in March 2023.

“We are excited to hit the road and catch up with our clients in Adelaide, Brisbane, Hobart, Perth and Sydney,” said Ron Lesh, BGL’s Managing Director. “The BGL Masterclass is a must-attend event for BGL CAS 360, Simple Fund 360 and Simple Invest 360 clients wanting to learn how to unlock the full potential of their software and boost their productivity”.

Presented by BGL product experts Warren Renden, Head of CAS 360, Jeevan Tohki, Head of Simple Fund 360 and Andrew Paszko, Simple Invest 360 Product Manager, the BGL Masterclass will cover topics including new and key features and their benefits, best practice workflow and processes, essential BGL Suite integrations and time-saving tips, tricks, and shortcuts. Plus, attendees will get a sneak peek at BGL’s product roadmaps.

“BGL launched its Masterclasses in 2020 as a live and in-person event,” continued Lesh. “However, like everyone else, we were forced to move online during the pandemic. So, we are thrilled to finally run the BGL Masterclasses as intended, as an in-person, interactive and immersive team learning experience for our clients”.

“Educating our clients to ensure they have the skills and knowledge to get the most out of their BGL software is a top priority,” added Lesh. “That’s why we provide our clients with extensive learning and help resources, including live and on-demand online product training options, live webinars, education weeks and more.”

The BGL Masterclass will take place in Hobart (02/03), Adelaide (07/03), Perth (08/03), Sydney (21/03), Brisbane (22/03) and Melbourne (28/03).

For more information and to secure tickets, please visit www.bglcorp.com/bglmasterclass.

BGL announces Great Place to Work recertification

By In the Media, Industry, XU MagazineNo Comments

BGL announces Great Place to Work recertification.

BGL Corporate Solutions, Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment portfolio management software, is proud to announce it has achieved Great Place to Work recertification for the 2022-2023 year.

“This is a great accomplishment by the BGL Team and especially our People and Culture Team,” said Ron Lesh, BGL’s Managing Director. “This certification means a lot to BGL and recognises the constant and consistent effort of our People and Culture Team to provide BGL’s 200+ employees with a safe, inclusive, and friendly work environment. I’m extremely proud of them.”

Great Place To Work Certification recognises employers who create an outstanding employee experience. Certification is a two-step process that requires the submission of a comprehensive culture brief, capturing the people practices that make a company brilliant and unique. Plus, an employee experience survey, with questions relating to organisational culture and company leadership.

“BGL can only achieve great goals with inspired and passionate people who are motivated to produce outstanding results for our clients,” continued Lesh. “So, we work hard to create and foster a workplace culture where everyone is valued and respected.”

Daniel Tramontana, Chief Executive Officer at BGL, said, “Software is at the core of what we do. It’s the reason thousands of firms choose to transact with us. But clients stay with BGL because of our people, community and culture. Our people are our greatest point of differentiation, and we are truly blessed with the best.”

In recent years, BGL has become an accredited Mental Health First Aid Skilled Workplace and Great Place to Work® Certified™. BGL is recognised on the Great Place To Work® Best Workplaces for Women List and the 2021 AFR BOSS Best Places to Work List as the 6th best technology workplace in Australia and New Zealand. With the help of Joel Clapham, Founder and Chief Mental Health Champ at Hearten Up, BGL has also supported 36 staff to become accredited Mental Health First Aiders.

BGL announces Great Place to Work recertification

By Australian FinTech, In the Media, IndustryNo Comments

BGL announces Great Place to Work recertification.

BGL Corporate Solutions, Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment portfolio management software, is proud to announce it has achieved Great Place to Work recertification for the 2022-2023 year.

“This is a great accomplishment by the BGL Team and especially our People and Culture Team,” said Ron Lesh, BGL’s Managing Director. “This certification means a lot to BGL and recognises the constant and consistent effort of our People and Culture Team to provide BGL’s 200+ employees with a safe, inclusive, and friendly work environment. I’m extremely proud of them.”

Great Place To Work Certification recognises employers who create an outstanding employee experience. Certification is a two-step process that requires the submission of a comprehensive culture brief, capturing the people practices that make a company brilliant and unique. Plus, an employee experience survey, with questions relating to organisational culture and company leadership.

BGL can only achieve great goals with inspired and passionate people who are motivated to produce outstanding results for our clients,” continued Lesh. “So, we work hard to create and foster a workplace culture where everyone is valued and respected.”

Daniel Tramontana, Chief Executive Officer at BGL, said, “Software is at the core of what we do. It’s the reason thousands of firms choose to transact with us. But clients stay with BGL because of our people, community and culture. Our people are our greatest point of differentiation, and we are truly blessed with the best.”

In recent years, BGL has become an accredited Mental Health First Aid Skilled Workplace and Great Place to Work® Certified™. BGL is recognised on the Great Place To Work® Best Workplaces for Women List and the 2021 AFR BOSS Best Places to Work List as the 6th best technology workplace in Australia and New Zealand. With the help of Joel Clapham, Founder and Chief Mental Health Champ at Hearten Up, BGL has also supported 36 staff to become accredited Mental Health First Aiders.

BGL promotes Daniel Tramontana to CEO

By Accountants Daily, In the Media, NewsNo Comments

Written by Miranda Brownlee
Published by Accountants Daily
on 23 December 2022
Click here to read on Accountants Daily website

Software firm BGL Corporate Solutions has promoted its chief operating officer to the role of chief executive, effective 1 January 2023.

BGL has announced that Daniel Tramontana will be promoted to chief executive officer from next year, with Ron Lesh to continue in his role as managing director.

Mr Lesh said he was incredibly proud and excited to see Mr Tramontana step into the chief executive role.

“This is a momentous moment for BGL, the team, our clients and our community,” said Mr Lesh.

“Daniel’s contribution over his almost 26-year tenure at BGL has been incredible. Starting in software support to helping BGL grow from 10 to over 200 people, Daniel has had his hand in every pie. BGL would not be where it is today without him.”

Mr Tramontana first joined BGL in 1997 as a member of its support team.

With a Bachelor of Computer Science & Accounting, BGL said that Mr Tramontana has added a new area of competency to BGL’s support and training teams.

Through his time at BGL, he obtained a Master’s in Business Administration and a Six Sigma Black Belt while performing in roles including general manager and, most recently, chief operating officer, the software company said.

After almost 26 years at BGL, Mr Tramontana said it was an honour to have been promoted as chief executive.

“Software is at the core of what we do. It’s the reason thousands of firms choose to transact with us,” he said.

“Our market-leading solutions will continue to evolve from strength to strength as we grow our presence in Australia and overseas. But clients stay at BGL because of our people, community and culture.

“My desire is for clients, prospects and the community to engage with us because of who we are, what we stand for, and the memorable moments we deliver. Our people are our greatest point of differentiation, and I am truly blessed with the best.”

BGL promotes Daniel Tramontana to CEO

By In the Media, Industry, SMSF AdviserNo Comments

Written by Miranda Brownlee
Published by SMSF Adviser on 21 December 2022
Click here to read on the SMSF Adviser website

BGL promotes Daniel Tramontana to CEO

Software firm BGL Corporate Solutions has promoted its chief operating officer to the role of chief executive, effective 1 January 2023.

BGL has announced that Daniel Tramontana will be promoted to chief executive officer from next year, with Ron Lesh to continue in his role as managing director.

Mr Lesh said he was incredibly proud and excited to see Mr Tramontana step into the chief executive role.

“This is a momentous moment for BGL, the team, our clients and our community,” said Mr Lesh.

“Daniel’s contribution over his almost 26-year tenure at BGL has been incredible. Starting in software support to helping BGL grow from 10 to over 200 people, Daniel has had his hand in every pie. BGL would not be where it is today without him.”

Mr Tramontana first joined BGL in 1997 as a member of its support team.

With a Bachelor of Computer Science & Accounting, BGL said that Mr Tramontana has added a new area of competency to BGL’s support and training teams.

Through his time at BGL, he obtained a Master’s in Business Administration and a Six Sigma Black Belt while performing in roles including general manager and, most recently, chief operating officer, the software company said.

After almost 26 years at BGL, Mr Tramontana said it was an honour to have been promoted as chief executive.

“Software is at the core of what we do. It’s the reason thousands of firms choose to transact with us,” he said.

“Our market-leading solutions will continue to evolve from strength to strength as we grow our presence in Australia and overseas. But clients stay at BGL because of our people, community and culture.

“My desire is for clients, prospects and the community to engage with us because of who we are, what we stand for, and the memorable moments we deliver. Our people are our greatest point of differentiation, and I am truly blessed with the best.”