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Dollar Cost Averaging
June 21st, 2013What is dollar cost averaging and how does it work? Dollar cost averaging refers to a process where an investor allocates set amounts to specific investments at regular intervals. This will often be undertaken intentionally, by investing a lump sum of money in smaller amounts over a period of time. Clients may also unintentionally participateread more
Avoid the Underinsurance Trend
June 21st, 2013The day you’ve been waiting for has arrived. Your brand new car is ready to take home. The first thing you do before driving it out of the lot is ensure you have insurance. There’s no way you’ll risk anything happening to your brand new car! This is a common scenario. Most of us don’tread more
Loan Jargon
June 21st, 2013The days when the only home loan available was a principal and interest arrangement paid by the month are long gone. Home buyers now face a bounty of borrowing options and choosing the right on for your situation starts with understanding the different terminology. Here’s our guide to what all the loan labels mean.... VARIABLEread more
Fundraising, Food, & Fun MOCHA-TOFFEE PECAN BARS
June 21st, 2013Here at McKinley Plowman we are actively engaged in fundraising for charity and the highlight of the calendar is the “Australia’s Biggest Morning Tea”. Many of our team are very talented cooks and create some delightful sweet and savoury treats. Even more of our team enjoy eating these treats and are only too willing toread more
Individuals – A Quick Checklist of Changes
June 21st, 2013PERSONAL TAX OFFSETS The ATO have made major changes to the tax offsets available to individuals. If you have previously taken advantage of the following, you may have an increased tax liability for 2012/2013. Net Medical Expenses Tax Offset: For adjusted taxable incomes in excess of $84,000 (singles) or $168,000 (couples and families) the offsetread more
Business Clients – Improved Service
June 21st, 2013In our March 2013 Newsletter we highlighted changes that we are making to improve our service to you. These included providing our business clients with a fixed quote before starting the year end work, offering more of our services free of charge (such as emails and advice over the phone), improving the turnaround time toread more
Do you operate a Trust? – 30 June Urgent Deadline
June 21st, 2013Trust Resolution Instruction Forms were sent to all applicable clients in April 2013. It is critical that these forms be completed and returned to the office before 30th June, 2013. Please note that this requirement to complete the Trustee Resolution has been a strong focal point of the ATO. If you require any assistance orread more
Businesses – A Quick Checklist of Changes
June 9th, 2013With the end of the financial year approaching, it is time to update you on some of the changes that are taking place. Particular attention should be paid to the Building and Construction Industry. TAXABLE PAYMENTS ANNUAL REPORTING – Building and Construction Industry From 1 July 2012, businesses in the building and construction industry needread more
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