Protect your most important asset – your income
Your ability to earn an income is your most important asset because your lifestyle depends on it. However, if you had to stop work tomorrow because of an accident or illness, would you be able…
When can you take super?
The cash sitting in your superannuation fund can be tempting, particularly if you are short of cash. But, the reality is there are very few ways you can take advantage of your superannuation once it…
$10K limit on cash payments to business
One of the interesting approaches to tackling the black economy in the recent 2018-19 Federal Budget was the announcement of a $10,000 limit on cash payments to business. Unrecorded and untaxed transactions that occur in…
Your essential EOFY tax checklist
No one wants to pay more tax than they need to or face unnecessary risks. We’ve compiled a list of our top tips for you. Donate - If you are going to donate to charity,…
Federal Budget 2018: Superannuation
3 Year Cycle for SMSF Audits Date of Effect: 1st July 2019 SMSFs with a history of good record‑keeping and compliance – that is, three consecutive years of clear audit reports and annual returns lodged on…
Recent Market Volatility
Volatility has returned with vigour over the past two months, with the ASX200 posting its third straight negative month. While we don’t subscribe to the view that equity markets are heading into a deep bear…
Important Financial & Tax Changes for 2018
There are several important tax changes being introduced in 2018. Here are the main changes you should be aware of: 1 January 2018 Vacancy fees for foreign acquisitions of residential land - An annual vacancy…
Budget 2017: Summary
The problems that any Australian Government is expected to resolve and the wish list they are supposed to fulfil, is extensive regardless of which party is in power. This Budget delivers a series of measures…
Market Update: Reflation Trade Hiatus
The 'Trump Rally', which saw cyclical stocks rise strongly, bonds sell off and the U.S. dollar strengthen, has weakened as investors have reassessed the Trump administration's ability to implement its economic agenda. Bond yields have…
Are Christmas gifts deductible?
It’s easy to spend too much at Christmas. If you are splurging on clients, to be a legitimate business expense and therefore deductible, the expense has to be related to how your business generates income.…
