Personal Super Contributions 10% Rule Removed – How do you benefit?
The ATO recently removed the personal super contributions 10% rule. What could this mean to you in this financial year & the future? Find out here…
How to leave your assets with your family, rather than to chance
Let’s face it: no-one likes to think of death, especially their own. It’s not exactly a great conversation starter, is it? This might explain why so many people end up “dying Intestate” which means they die without a will and, as a consequence, have their assets distributed according to State law. Sadly, the way State …
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It Pays Off: 7 reasons business owners should pay themselves a salary
Think back to the days before you started your business, when you were working for a boss. Chances are you were rewarded for your hard work with a regular salary. It may not have always been the same amount, but it came through like clockwork. And for the next week, month or however often you …
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Transition to retirement pensions – back to their true purpose
The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which will remove tax concessions for transition to retirement pensions (TTRs) and bring them closer to their purpose of providing income to members as they transition to retirement. The new rules will remove the tax …
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4 apps to stop late payments affecting your business’ cash flow
Debtors and late-payers—the bane of every business owner. No matter how profitable your business is, it won’t survive without good cash flow. If you can’t pay your bills on time, you may end up trading while insolvent. And that’s not just bad business—that’s illegal. But to do that, you need your clients to pay their …
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Finally. An Easy Way to Track your Personal Spending Patterns.
Most people will quite literally earn millions of dollars in their lifetime. Yet many people struggle financially and live from one pay period to the next. With the ageing population and many Baby Boomers now continuing to work—at least on a part-time basis—past the traditional retirement age, people are working more years than ever. Even …
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