Self-Managed Super Funds: what you need to know
Self-managed superannuation funds (SMSFs) are a popular option for investors seeking greater control over their retirement savings. However, the decision to establish an SMSF should not be taken lightly. Whether a self-managed super fund is suitable for you will...
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Home & Residential Care: what you need to know
Some retirees who need aged care may prefer to stay at home. Whilst others may need or prefer the assistance that a residential aged care facility can provide. Here you will find the fees and charges that apply to those who first receive home care or residential aged...
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‘Rentvesting’ – enter the property market without sacrificing your current lifestyle
As property prices continue to rise, purchasing in a centrally-located or sought-after area is out of reach for the average working millennial. Instead, many are opting to rent rather than buy as it means not having to compromise their inner city or beachside lifestyle. But for those who are still eager to enter the market, there is a way to get the best of both worlds.
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How to speed up your home loan approval
Asking how long it takes to get a loan approved is like asking how long a piece of string is. Every application is unique, so the time between your first contact with your bank or broker and approval can never be predetermined. There are, however, some things you can do to help hurry your application along.
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How to Refinance to Renovate?
Refinancing your assets to renovate a property is a significant decision that will hopefully improve your standard of living or add substantial value to your property.
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Gearing: what you need to know
Gearing can be an effective and tax-efficient way of building your investments over the longterm. While it can increase your investment returns, you need to be aware of the risks involved. Snapshot Gearing allows you to increase your investment returns using...
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Family law and superannuation: what you need to know
When a marriage or de facto relationship breaks down, it can be a stressful time and the task of separating finances can often add to the pressure. Getting the right advice can help you make the tough financial decisions about your assets and superannuation. Whenever...
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Estate planning: what you need to know
Estate planning involves much more than having an up to date Will. It is important to ensure that your assets are distributed in the most effective manner. This is without adverse tax consequences for your beneficiaries. What is estate planning? Estate planning...
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Centrelink assessment of account based pensions
The way account based pensions are assessed under the Centrelink/DVA income test changed from 1 January 2015. From this date, there will be two categories of account based pensions (ABPs). Those that are grandfathered under the pre-2015 income test treatment and those...
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Do You Have Your Tax Debts Under Control?
From 1 July 2017, a new tax measure will come into play for small businesses, and we’re here to help prepare you for this tax change.
Businesses that haven’t engaged with the Australian Taxation Office (ATO) to get their tax debts under control could have their tax debt information disclosed to credit reporting agencies by the ATO.
read moreWhat Every Employer Needs to Know About Fringe Benefits
On 31 March 2017, the Fringe Benefits Tax (FBT) year ends. The ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount.
To help you meet your fringe benefits obligations, we’ve put together a list of essentials every employer needs to know about FBT and review every year.
read moreTax Planning Starts Now!
30 June will be here before we know it. Let us help you get the most out of the upcoming months.
Too often, we end up suffering because we have procrastinated and not made a positive decision to do something. If we all leave your tax planning until the end of May and early June, quite frankly there may not be enough time to do anything significant to legally reduce your tax.
So, for 2017, our invitation to you is to start now with your tax planning.
read moreThe Biggest Changed to Super in a Decade – How to Capitalise Now!
Major changes to tax and superannuation were approved by the Australian Government in early December 2016. Most of these changes will take place on 1 July 2017. These are the biggest changes in the last 10 years. They are significant. That’s why we need to start...
read moreGive your Super A boost
An alternative way of building up your retirement savings.
While most of us will hopefully accumulate enough superannuation throughout our working lives to have a comfortable retirement, many of us simply won’t have the funds there to splurge on something nice every now and then.
What if we could tell you there’s a way to boost your superannuation earnings that reduces the amount of tax you have to pay on your contributions at the same time – would you be interested?
read moreFreelancing: Need to knows!
Freelancing: an easy way to use your expertise to service business as your own boss! Let’s look at some common questions of freelancers!
read moreSmall Business & Mental Health
Approximately 1 in 5 Australians experience symptoms of a mental illness each year. You may not be one of those people, but chances are you work with one!
read moreOverseas HECS/HELP Debts
A common misconception is that you can avoid your HECS/HELP debt by leaving the country and moving overseas. Unfortunately, this is no longer true!
read moreUber: All Things Tax
So you want to make some money through Uber? Seems like everyone else is! Before you start there are some tax stuff you need to consider.
read moreTax Return Mistakes & Extra Deductions Tips
Are you looking for extra deductions to increase that tax refund? Do you want to avoid common mistakes that may increase tax payable?
read moreAirbnb: Tax Implications
Airbnb has revolutionized the way we travel. It can also be a great source of income. But what are the tax implications for you?
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Big Tax Law Changes – No tax deductions if you don’t meet your tax obligations
There’s recently been a big tax law change that may reduce the tax deductions for many businesses across Australia.
Find out why!
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