Super, death, and taxes
An interesting finding in the federal government's Retirement Income Review report is that many Australians are dying with the majority of the wealth they had when they retired.
How your coming tax cut could pay off
Over the coming weeks, around 12 million working Australians will start receiving extra cash in their pay packets as a result of changes to personal income tax brackets announced by the federal government.
Budget 2021 – What it means for you
This year’s Budget provides tax relief and financial assistance for many Australians, including low and middle income earners, business owners, young workers and social security recipients. We have prepared a…
Special 2020 Tax Planning Bulletin
In a relatively short period of time, COVID-19 has changed many things – from the way we interact with each other to the way we do business. Whilst year end…
Getting ready for End of Financial Year 2019
With the end of the 2019 approaching, we would like to draw your attention to some things worth considering as part of your year-end tax planning. As always, we are…
Why the Government doesn’t want you to understand how franking credits work.
It’s not an accident that understanding how it all works is boring. The detail of tax is a lot like superannuation. It’s complicated and most people find it boring. The…
Budget 2019/20 – Tax Cuts and a Surplus! Can it get any better?
Key points – The 2019-20 Budget “delivers” the long-awaited surplus and increased fiscal stimulus mainly via tax cuts/offsets. – The main risk is that the revenue boost is not sustained…
Tax and estate planning traps flagged with pension restructures
While the ATO has previously stated that changing a pension to reversionary after it has been commenced is generally fine where the deed allows it, it may be safest to stop and restart the pension, says a technical expert.
Bought an investment property? Here’s an App to help you do your taxes
We’re the first to admit that owning property is a tough nut to crack, but for those who’ve made the jump to property ownership, a new app will help you make…
