THE BLOG

2019 Federal Budget – What it means for you!

Jun 17, 2019

This year’s Budget is rather unique as it occurred just before a federal election. While there are many parts of this years' Budget that apply to future years, we have summarised below the key changes you need to know about for the next 12 months. There are 3 key...

Big Tax Law Changes – No tax deductions if you don’t meet your tax obligations

Jun 17, 2019

There’s recently been a big tax law change that may reduce the tax deductions for many businesses across Australia.
Find out why!

MINIMISE YOUR PERSONAL TAX

Apr 9, 2019

TAX PLANNING GUIDE Now's the time to review what strategies you can use to minimise your tax before 30 June 2019. Imagine what you could do with tax saved? Reduce your home loan Top up your super Have a holiday Deposit for an Investment Property Upgrade your Car ...

MINIMISE YOUR BUSINESS TAX

Apr 9, 2019

TAX PLANNING GUIDE Imagine what you could do with tax saved? Reduce your home loan Top up your super Have a holiday Deposit for an Investment Property Upgrade your Car Here’s a guide to the strategies you can use to minimise your business tax. IS YOUR BUSINESS...

Informing You – Healthy and wealthy New Year

Nov 19, 2018

As the holiday season approaches, it’s easy to be distracted from your financial goals. But this is actually the perfect time to put a few simple plans in place for a positive start to the New Year. Click here for full...

The ATO – Don’t Say We Didn’t Warn You!

Oct 25, 2018

The Australian Taxation Office (ATO) is closing in fast on everyone who doesn't properly declare their income and pay the correct amount of tax. As your Tax Accountants, we want to help you be aware of what the ATO is doing and how you can protect yourself. Click...

Informing You – Insurance for every life stage

Aug 21, 2018

It’s a good idea to regularly revisit your personal insurance. You need to make sure it’s giving you the level and type of cover you need at your specific stage of life. Here are some things worth considering to make sure you and your family are protected. Life...

Informing You – The business owner’s checklist

Aug 21, 2018

Being your own boss can be rewarding, but it’s also incredibly challenging. That’s why it’s important to future-proof your hard work. Start taking steps today that will prepare your business for tomorrow! This newsletter will provide five essentials that every small...

May 2018 Newsletter

May 18, 2018

As the months get cooler and the days are shorter, many of us find it hard to get motivated. We may also delay those activities that require some extra effort – like preparing a tax return. So with 30 June approaching, May is crunch time for those important...

Why women and men invest differently

Mar 21, 2018

Women play an active role in everyday financial decisions. However they are less involved in managing long in managing long term investments than men. This is according to recent research published by the Commonwealth Bank. Contrary to traditional gender stereotypes,...

5 money mindsets that hold you back

Feb 16, 2018

What’s holding you back from taking control of your financial future? Discover the five mind tricks that can stop you from achieving financial success and what you can do to avoid them. Fear of Failure Earning and saving money from your salary is all very well. But...

What can I claim against my tax?

Aug 29, 2017

It’s tax time again. What can you claim to reduce your tax? Please take just 2 minutes to read this blog article. We’ll explain: Deductions you can claim The importance of a fantastic tax accountant The “tax trap” you need to avoid Links to more information about...

Transitional CGT Relief: Eligibility Trap!

Jun 19, 2017

SMSFs which intend to apply the transitional CGT relief provisions will need to take care that they do not inadvertently cause the fund to become ineligible. The eligibility trap impacts SMSFs using the proportional method on 9 November 2016 to calculate exempt...

How we can help you!

Jun 13, 2017

Wealth Definition is a very different kind of accounting firm! Yes, we do provide traditional tax return and accounting services. At Wealth Definition we don’t look at your business from just that historical perspective. Instead, we actively work with you to develop...

Why should business owners consider business insurance?

Jun 12, 2017

Have you considered the need for business insurance? Do I need business insurance? Are you 2 or more business owners and need protection if something happened to any of you (either death or a non-death event).... as you ALL are key persons to the continuation of the...

2017-2018 Federal Budget Update

Jun 5, 2017

We at Wealth Definition are here to help you make smart financial decisions now so you can have a beautiful financial future. One way we do that is through careful tax planning! If you haven’t met with us yet, now is the time to contact us to arrange a tax planning...

Car finance for businesses

May 22, 2017

Companies the world over are often faced with the costly requirement for staff cars. However, with the number of financing options on the rise, many business owners are turning to funding these purchases rather than paying cash.

How to choose the right business loan

May 22, 2017

There are plenty of different types of business finance, but before diving in and applying, it’s important to understand your requirements first, so that a loan can be matched to your needs, and so that you can potentially avoid the problem in the future.

The home loan approval process & when to refinance

May 22, 2017

Following the lodgement of a home loan application, hopeful borrowers are often keen to know what will happen next and how long it will take for them to receive the verdict. The bad news is that there is no one-size-fits-all answer.

The good news, however, is that a solid application is the key to keeping the approval time short.