Remember when term deposit interest rates meant something
Cash plays a significant role in our lives. It provides stability and reassurance, liquidity, flexibility and comes with a government guarantee of up to $250,000 for bank deposits. …
JobKeeper: what's changing
Businesses receiving JobKeeper payments need to be aware of recent changes which extend the eligibility of the program, meaning more of your employees may be eligible. Employee eligibility has been changed …
Doing business with a trust entity
Did you know that a trust is not a legal entity for the purpose of enforcing a debt? This means it can be incredibly difficult, and sometimes simply impossible, to enforce a debt unless you know the name of the trustee of the trust. …
Self-Managed Super at EOFY
The 2019-2020 financial year is like none we have experienced in recent memory, with the Coronavirus pandemic throwing societies and economies into unknown territory. Despite this, it's still important for anyone who holds a self-ma …
Government benefits and aged care
With the end of the 2020 financial year approaching, it's an important time to consider options that might be available to you or other members of your family in relation to Government benefits and/or accessing aged care services. …
The importance of insurance
A significant number of working Australians remain under-insured or even worse, totally uninsured. Either way, this can have dire consequences for families in the unfortunate event of a family member passing away, having a serious i …
Your super at End of Financial Year
While the Coronavirus pandemic has captured global attention, it's still important to be mindful of your long-term planning for retirement. Superannuation savings have not been immune to the economic downturn caused by Coronavirus, …
Claiming home office costs: The ATO's short-cut method.
The Australian Tax Office (ATO) has announced a temporary simplified short-cut method to make it easier for individual taxpayers to claim deductions for additional running expenses incurred (eg. additional heating, cooling and light …
Managing self-employment in a downturn
With a recession becoming increasingly likely as a result of the impacts of COVID-19, many self-employed Australians are understandably nervous about how they will manage any disruption to their income throughout this time. …
Thousands of Expat Australians face Capital Gains Tax hit
Australian property owners living overseas have until the end of June 2020 to sell their homes if they want to avoid big Capital Gains Tax bills. …