Are you a sole trader wondering about superannuation? Securing your retirement starts with understanding and managing your super contributions. With no automatic super payments from an employer, you must take command of your superannuation strategy. This guide explains sole trader superannuation, detailing the steps you need to take to ensure a comfortable retirement, optimise your …
Embarking on the journey of building a small business involves mastering various aspects, from marketing to operations. Amidst these priorities, the significance of small business bookkeeping often gets overlooked. Understanding the value of bookkeeping is crucial for laying a robust financial foundation and ensuring the long-term success of your business. The Foundation of Financial Health …
Small Business Bookkeeping: A Cornerstone for Business Success Read More »
As a crucial support system for countless Australians, Centrelink plays a pivotal role in providing financial assistance to individuals and families. To ensure that you receive the benefits you are entitled to, it’s essential to keep your information up-to-date with Centrelink. In this article, we’ll explore the dos and don’ts of keeping Centrelink updated, helping …
Navigating the System: Keeping Centrelink Updated – Dos and Don’ts Read More »
The terms “mortgage offset account,” “offset house loan,” and “interest offset account” are all used to refer to the same service offered by financial institutions. To put it simply, it is typically a savings account that reduces a loan account. Typically, an offset facility will include two distinct bank accounts: Simply put, the interest charged …
The federal government has announced that it will expand access to its Home Guarantee Scheme, which lowers the barrier to entry for first-time buyers and single-parent families into the housing market and does away with the need for mortgage insurance. With a deposit as little as 5% for first-time homebuyers or 2% for single-parent households, …
First Home Buyers Scheme – Buy your first home with 5% deposit Read More »
One of the most important decisions you will make in your life will be the purchase of an investment property. Therefore, it is crucial that you do it correctly. There are so many aspects to think about, including location, cost, finances, the type of structure to buy in, the manager of the rental property, the …
“We’ll assist you in building a stable financial future.” We are committed for the duration of your financial strategy. In order to assist you better your current financial situation and ultimately realize your long-term lifestyle goals, we specialize in offering qualified strategic guidance. Our attitude for providing financial advice is founded on mutual respect between …
Poor planning is one of the killers of small business. One big item that many small business operators fail to plan for is TAX, writes Sharon Williams, founder Taurus Marketing. Unfortunately, the better you do, the more you pay. The country has to run and we as small business owners contribute much to keep the …
Six End of Financial Year tax tips for small business and soloists Read More »
Breaking the rent cycle and saving enough to purchase a home of their very own is a financial goal on the agenda of many everyday Australians. But with housing prices steadily increasing across Australia’s major cities, achieving that dream can begin to feel impossible. But, it doesn’t have to. In fact, this 6-step guide is …
6 Steps To Break The Rent Cycle and Land Your Dream Home Read More »
Many business owners assume that if they hire independent contractors they will not be responsible for PAYG withholding, superannuation guarantee, payroll tax and workers compensation obligations. However, each set of rules operates a bit differently and in some cases genuine contractors can be treated as if they were employees. Also, correctly classifying the employment relationship …