Deduction for self-education courses
So, you are undertaking a course or further education that relates to your work or business in some way – and you have to pay for the costs of the training or course. Well, the question of whether you can…
Macy
Unwrap your future: 12 super tips for a merry and bright retirement
Christmas is a time for giving, but it’s also a great time to give your future self the gift of financial security. Here are 12 simple superannuation tips to help you make the most of your super fund – wrapped…
How does your super compare with others your age?
Have you ever wondered how your super balance compares to others in your age group? Or maybe you’re curious about how much you should have saved by now to ensure a comfortable retirement? It’s not always easy to figure out…
Interest deductibility and investment properties
With interest rates remaining stubbornly high, and some property investors bailing out altogether, others are taking steps to refinance their debt in order to secure a lower rate and obtain better terms. Before deciding to go down the refinancing route…
Christmas and Tax
With the festive season just around the corner (or already under way), many business owners will be gearing up for year-end celebrations with both employees and clients. Knowing the rules around FBT, GST credits and what is or isn’t tax…
Gifting: Will Centrelink reward your generosity?
Did you know that about 60% of people aged 67 and over receive an age pension? Some of these pensioners don’t receive a full pension. This is because Centrelink looks at your wealth based on your income and assets and…
Client Newsletter – December 2024
Click here for a pdf version of this article. Christmas and Tax With the festive season just around the corner (or already under way), many business owners will be gearing up for year-end celebrations with both employees and clients. Knowing…
SMSFs vs super wraps
Many people choose to set up self-managed superannuation funds (SMSFs) or wrap accounts as an alternative to retail or industry superannuation funds to gain more control over their investments and reduce fees. SMSFs continue to grow The SMSF sector has…
Liability for Super Guarantee payments
There has been a string of recent cases before the Courts and the tribunals about whether someone who pays an amount to another person for services of some kind is liable to make superannuation guarantee charge (SGC) payments in respect…
Super on parental leave pay is now law
Starting 1 July 2025, new parents will receive superannuation payments on top of their paid parental leave (PPL). The change Eligible parents with babies born or adopted from 1 July 2025 will get an extra 12% of their government-funded PPL…