At the Self Managed Super Fund Association (formerly SPAA) National Conference, held in Melbourne recently, the Australian Tax Office confirmed that they are taking a new approach when an Auditor Contravention Report (ACR) is lodged for an SMSF.
Read MoreThis strategy aims to increase the tax free component of a superannuation sum by withdrawing the taxable component, then re- contributing this amount back into the fund
Read MoreWe keep hearing about debt and what needs to be cut. Recently retirement options have again been under the microscope. The sustainability of the age pension is questioned.
Read MoreBudgeting is perhaps one of the most basic and the most effective tools for managing your money, whether it's your personal finances or your business cashflow.
Read MoreIf you are claiming a deduction for your vehicles using the log book method you must have a compliant log book.
Read MoreIn all instances borrowers are able to save significantly through loan consolidation.
Read MoreThere are lenders available in the market who will lend at rates over 1% cheaper than the standard home loan rates offered by the majority of the big four lenders.
Read Morehistory has shown the investors who can't be disciplined, put aside market movements and media headlines, will inevitably suffer lower than market returns.
Read MoreThe Whitlam government reforms started an age of entitlement, with huge spending increases on the big ticket social policy items such as education and health
Read MoreWarren Buffet, the billionaire investor with the Midas touch, has a message for Main street share investors.
Read MoreWe have found it very beneficial for those people who come to us with such a potential issue to work with them before the problem becomes a crisis.
Read MoreOn March 12 of this year, a new comprehensive credit reporting system (CCR) came into effect in Australia, and it will change the way lenders assess risks when taking new clients.
Read MoreIf you are buying or selling property it is important that you consult a professional about any possible GST implications
Read MoreWhile many clients are reluctant to incur the costs of having us review their nine months trading figures, we have found that in some instances, the incurring of a few extra hundred dollars in accounting fees can save many tens of thousands of dollars in year-end tax results.
Read MoreConfused about the tax deadline of your company car?
Read MoreHow long could you last if you lost your job, or worse, couldn't work at all?
Read MoreThere are definite financial benefits involved with managing your own Superannuation.
Read MoreThe contribution caps for concessional (before tax) and non-concessional (after tax) contributions to super have increased for the 2014/15 year, as a result of indexation.
Read MoreWhere motor vehicle expenses are being claimed, one method supporting a claim to the Tax Office is to complete a log book.
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