Blog

TAX-EFFECTIVE INVESTMENT BONDS

Most investors consider superannuation for long term tax-effective savings and despite all the changes over the years, maximising the superannuation rules is paramount in all client’s retirement plans. Both the Government and the Opposition are now targeting its concessions in this area and have placed limits on wealth creation and estate planning in superannuation. Investors…

{ Read more }

INHERITANCE, CENTRELINK AND WILLS

By the pure nature of it, receiving an inheritance tends to come at a time when we are grieving, and at this distressing time, we need to understand whether the inheritance itself impacts a Centrelink aged pension benefit. The key to this is the size of the inheritance, and is dependent on one’s existing wealth…

{ Read more }

Do you import goods worth A$1,000 or less?

Do you import goods worth A$1,000 or less?   From 1 July 2018 overseas businesses that meet the GST registration threshold of A$75,000 will need to charge GST on goods that are: less than A$1,000 (low value) imported into Australia not GST-free (such as most basic food, alcohol, tobacco, or tobacco products). How will this…

{ Read more }

THE AUSTRALIAN DOLLAR JUST FELL TO ITS LOWEST LEVEL IN 2018

Selling the Australian dollar one indicator that expresses a view the world is a riskier place today than it was yesterday. Judging by the heavy selling over the past few months this is currently the case. In mid-June 2018 the Australian dollar was trading at around its lowest level in more than a year, falling…

{ Read more }

More Australians entitled to payments from July 2018

In March, July and September of each year, the federal government changes the rules for claiming the Age usually for the better! Currently, the Age Pension income test thresholds and the Age Pension assets test thresholds are adjusted three times a year in line with increases in the Consumer Price Index. Effective from 1 July…

{ Read more }

Are You A Company Director?

Most people do not realise that they can potentially be held personally liable for the debts of their company during the time they are directors – even if they are silent directors, or later leave the company. That’s why it is important to know your responsibilities and obligations as a company director.

{ Read more }

SMEs Protecting Against Online Scams & Cyber-Attacks

SME owners must not overlook cyber security since they are vulnerable to the same scams and cyber-attacks that prey on individuals. SMEs may suffer severe ramifications from a significant security breach, which may even hamper businesses’ ability to continue operating.

{ Read more }

To Approve Or To Not Approve

As a borrower, are you aware of what a mortgage assessment rate is and the impact it has on your ability to successfully apply for a home loan?! There is a misconception that lenders assess your ability to repay a home loan based on interest rates at the time of your application. This is not the case.

{ Read more }

Health Insurance Benefits

We’re often guilty of not taking care Simple steps like having health insurance can make all the difference when a family member becomes unwell. Poor health is already a stressful time for you and your family, so any financial strain can amplify this.

{ Read more }

Time For Taxes

INCLUDE ALL YOUR INCOME Declare all your cash and online sales in your tax return. Income may also include money you have earned from participating in the sharing economy such as renting out a room or driving passengers for a fare.

{ Read more }

Reduce Your Insolvency Risk

The latest Trade Payments Analysis from Dun & Bradstreet shows businesses are waiting on average almost 45 days for payment. Slow payment not only impacts on your ability to pay your suppliers on time, it also reduces your ability to grow the business and increases your likelihood of insolvency.

{ Read more }

Superannuation Reforms Passed

On 23 November 2016, some of the most far-reaching superannuation reforms of the past decade were passed by both Houses of Parliament. The superannuation reform package was announced in the 2016-17 Budget and amended following consultation.

{ Read more }

Choosing the right business structure

When starting a business, it is very important to choose the business structure that best suits your needs.

There is a range of factors to be considered when choosing a structure and these will vary according to each case.

{ Read more }

Five rules for managing your cash flow

When starting a business, it is very important to choose the business structure that best suits your needs.

There is a range of factors to be considered when choosing a structure and these will vary according to each case.

{ Read more }