With tax time coming up very soon, many of us will be looking towards our tax returns and working out what we can claim for this financial year. A very common area people claim deductions in is car travel and other vehicle-related expenses. While there are many options available for things to claim, the Australianread more
Starting and running your own business is exciting, challenging and, at times, incredibly busy. Best of all though, it can be one of the most rewarding things you’ll ever do. A common reason for setting up a business is because a person knows that they’re really good at something, and wants the potential flexibility andread more
Home owners and investors alike are presented with such a wide variety of loan facilities these days that it can seem hard to work out what’s best in the long run, particularly when you consider your future borrowing power. The battle between Interest Only (IO) and Principle & Interest (P&I) loans may swing in favourread more
As people move from job-to-job over their working lives, they are likely to accumulate several super funds, which now given that they are less likely to be eaten up by insurance premiums, could potentially add up to a fairly significant income stream in retirement. While many struggle to locate, consolidate and take advantage of theseread more
Do you own a rental property? Off the back of finding that the vast majority of rental property owners are making mistakes on their tax returns, the Australian Taxation Office (ATO) is now scrutinising related deductions closer than ever. This has led to the announcement of increased audit activity, in order to ensure ongoing complianceread more
Are you operating a small business? Have you opted to use the simplified depreciation rules? If so, in April 2019 your immediate write off threshold was increased to $30,000. So – if your small business’ turnover is less than $50 million, here is what you need to know: What is the immediate write off threshold?read more
As life moves forward, it is important to be more mindful of where our money goes, and how we allocate our spending. This is particularly relevant at retirement, as our regular source of income can change from wages to a pension. Recent statistics released by the Australian Bureau of Statistics outlines the spending habits ofread more
Engage clients and bringing in new business leads - savvy business owners have understood for some time that positive branding and strong online presence is necessary for growing their customer base. Increasing these opportunities often leads business owners down the well-trodden paths of traditional marketing tools such as TV and radio advertising, and more recently,read more
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