Many changes have been proposed for retirement in 2022. Thanks to the constant changes in the super rules, it’s all too easy to miss an opportunity you didn’t know existed. What we know as of February 2022. – Great news for retirees The major changes to pension insurance proposed in the 2021 federal budget are […]
Changes to Superannuation Read More »
Buying an investment property can be an effective strategy for creating wealth and protecting your future. It can help improve cash flow, offers tax benefits, and is considered to be more stable than other investments. Many Australians do not take the first step in buying an investment property, thinking it is prohibitive and completely out
A Guide To Buying an Investment Property Read More »
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 »
Which loan type—one with variable rates or one with fixed rates—should I choose? Many of our clients who are looking to take out a loan ask this question frequently. The optimal decision for you will rely on a variety of internal and external variables. In general, personal factors are those over which we have complete
Fixed vs Variable Interest 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
Rental Property Tax Deductions Overview Read More »
“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
Our Financial Advice Service Read More »
Buying an investment property can be an effective strategy for building wealth and securing your future. It can help improve cash flow, offers tax benefits and is seen as more stable than other investments. Many Australians don’t take the first step towards purchasing an investment property as they believe it’s unaffordable and completely out of
A Guide To Buying an Investment Property Read More »
Inside this month, we clear the confusion (as much as possible) on the 120% deduction for skills training and technology announced in the federal Budget. We also look at the ample number of changes coming into force from 1 July 2022. Finally, can you claim a deduction for your gym membership and what the AAT
The 120% skills and training tax deduction Read More »
Key takeaways: If you contribute some of your after-tax income or savings into super, you may be eligible to claim a tax deduction Making a ‘salary sacrifice’ contribution could see you pay less tax than if you received the money as take-home pay If your spouse is not working or earns a low income, making
End of financial year tax tips Read More »
The Government is in caretaker mode pending the Federal Election…but that doesn’t mean nothing is happening. The High Court decision in Carter & Ors was a win for the ATO in a case exploring whether beneficiaries can disclaim their entitlement to trust distributions. And, in the London case, a taxpayer has been allowed to claim
April 2022 Round Up – Can a beneficiary disclaim an entitlement to a trust distribution? Read More »