Personal Finance,Personal Insurance,Tax,Tips & Tricks

When Are Insurance Premiums Tax Deductible

22 Jan , 2016  

slip-up-danger-careless-slippery

Life insurance is actually not just one policy but an expansive term referring to life cover, income protection, trauma insurance, and total and permanent disability. When you are approaching tax time, it will depend on what kind of cover you have if you are able to claim a tax deduction on your premium. If you […]

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Personal Finance,Self Managed Super Funds (SMSF),Tax

What Are The Tax Benefits Of An SMSF?

12 Oct , 2015  

numbers-money-calculating-calculation

There are some tax benefits to be realised from a self-managed superfund (SMSF) but it can be a little tricky to pull this off.  Still, it is possible to gain some tax advantages with your SMSF.  Let’s take a look at how. There are ways to set up your SMSF to give you tax credits, […]

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Personal Finance,Tax

Are You Paying Too Much Tax [INFOGRAPHIC]

26 Aug , 2015  

tax rates

I’m sure we have all wondered at some point, am I paying too much tax compared to everyone else? This week, Colin Cuthbert from Ayers Management presented us with an infographic that will shed some light on how your tax rates measured up to countries around the world. It turns out that in terms of income […]

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Cashflow & Budgeting,Investing,Personal Finance,Tax,Tips & Tricks

7 Wealth Building Strategies For the High Income Earner

19 Aug , 2015  

7 wealth Buildng strategies

In today’s consumerist society, everyone wants to be wealthy. Anyone you speak to would say yes to being able to live a luxurious lifestyle where they can afford an abundance of materialistic belongings. However, to accumulate the wealth to live lavishly is not an easy feat. Even if you are currently earning a high income, […]

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Tax,Tips & Tricks

Can I tax deduct my Ferrari 488 GTB?

13 Jul , 2015  

Ferrari-488-GTB

Congratulations on your new Ferrari! We hope that you enjoy it for years to come. A Ferrari will cost most buyers a large chunk of their wallet, but the expenses don’t end there. To help offset the cost of maintenance and costs associated with keeping your Ferrari running you can choose to claim tax deductions […]

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Legal,Tax,Trusts, Wills & Estates

Death & Taxes: The Absolute Guarantees in Life

1 Mar , 2015  

Tax-Help

Death and taxes: often described as the two absolute certainties in life. But what happens when you die, and what taxes are payable? For now, in Australia, there is no death duty or tax payable when someone dies. We are lucky, since in other countries their death duty is often a significant percentage of the […]

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Small Business,Tax

The Best Tax Structure For Your Small Business

28 Dec , 2014  

Small-Business-Tax-Structure

This is a complex area, because there are many forms that a trust can take. So I wanted to give you a basic overview of trusts and the family trust in particular. A family trust can be very useful for running a small business, or having your investment portfolio including real estate investments in the […]

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Personal Finance,Small Business,Tax

Supercharge Your Business in 2015

9 Dec , 2014  

Child-On-Phone-Working

Coming into Christmas it is common to look at the New Year as a business reset, or at least an opportunity to sit back and reflect on what has transpired and plan for the future. Many choose to throw away what wasn’t working last year; take a few days’ break and then charge into 2015 […]

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Small Business,Tax

Work From Home? Tax Deductions You Need To Know

26 Nov , 2014  

newdaily_071113_girl_bill_shock1

Did you know you can claim for cleaning costs and wear-and-tear on your furniture at your home business?

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Tax

Seeking the Truth about the Mythical Accountant

27 Oct , 2014  

The-Mythical-Accountant

Accountants aren’t fictitious creatures, but the misconceptions surrounding them are so exaggerated and enduring that they have created a near-mythical image of them. Let’s get those “accountant” adjectives out of the way:  nerdy, BORRRRRRINNNNNGGGG, quiet, old-fashioned, math geniuses, bean counters, men-in-grey-suits, introverted, unimaginative, tax experts, not athletic, etc.  You can probably think of more derisive descriptions and other […]

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Cashflow & Budgeting,Personal Finance,Tax

10 Simple Financial Tips You Need To Know

6 Jan , 2014  

ProAdviser-Checklist

It’s the New Year, a time for resolutions and great changes. Getting started is often the hardest part, and we can feel lost in the planning stages. If getting your financial life tuned up is your resolution for 2014, here are some easy tips that will help you get started, and stay on track.   1. […]

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