Tax
Why is it important to discuss inheritance planning with your family
4 February
While most people write wills, very few families discuss inheritance. Parents avoid discussing inheritance planning with their children due to the subjectâs sensitivity. However, avoiding the conversation does more harm than good. For example,...[Read More]
Top 5 advantages of home ownership
29 December
Your decision to purchase a new house is a significant life event, and the thought of becoming a homeowner might be a little intimidating. However, homeownership brings with it several advantages, including the freedom to design your home as you...[Read More]
If you became a director before 31 Oct 2021, you need to apply for your directors ID now
23 November
When you need to apply is determined by when you were first appointed, and under which Act. If you plan to become a director, you can apply before youâre appointed. Corporations Act directors When you must apply for your director ID depends on...[Read More]
Top questions when applying for a director ID
16 November
Who needs to apply for a director ID? You need a director ID if you are a director of a: company registered with the Australian Securities and Investments CommissionExternal link (ASIC) or the Office of the Registrar of Indigenous...[Read More]
3 tips to grow your superannuation
28 September
Retirement is a period most people eagerly anticipate. Itâs that wonderful stage of life when you can finally unwind and spend your time as you please. You can even spend retirement focusing on the businesses youâve been planning and have put...[Read More]
The importance of Single-Touch Payroll
15 September
Do you know what single-touch payroll (STP) is? Most likely, youâve encountered the term, especially if you own a small business in Australia where STP is mandatory. This requirement applies even to companies employing just a single staff member...[Read More]
4 Essential considerations before buying a rental property
24 August
You can take a step toward building your wealth seriously by buying a rental property whenever youâre ready with the funds. If you commit to this now, you can benefit from passive income for many years as your investment generates consistent...[Read More]
How cloud accounting can help make your business better and more efficient
17 August
Does your company still use desktop software or spreadsheets for accounting tasks? If so, then it could be time to upgrade to a cloud-based accounting system. In comparison to on-premises solutions, cloud accounting for small businesses offers...[Read More]
Thinking about self-managed super?
27 January
(ATO) If you set up a self-managed super fund (SMSF), you’re in charge â you make the investment decisions for the fund and you’re held responsible for complying with the super and tax laws. It’s a major financial decision...[Read More]
Travel between home and work and between workplaces: What you can claim
19 June
(ATO) Trips between home and work are generally considered private travel. In some circumstances, you can claim a deduction for travel between home and work, as well as for some travel between two workplaces. If your travel was partly private, you...[Read More]
[VIDEO] Budgeting, saving & tax calculators
25 September
MoneySmart(ASIC) Our budgeting, saving and tax calculators help you get more control over your money so you can reach your savings goals. Budgeting, saving & tax calculators Budget planner Enables you to: plan your money and work out...[Read More]
VIDEO: 2019 tax return tips
7 August
Money Smart(ASIC) Getting tax right It’s tax time again so here’s our guide to what you can and can’t claim in your 2019 tax return, and tips to make lodging your tax on time a breeze. Records you’ll need to complete your tax...[Read More]
Tax return tips [VIDEO]
19 June
MoneySmart(ASIC) Getting tax right It’s tax time again so here’s our guide to what you can and can’t claim in your 2018 tax return, and tips to make lodging your tax on time a breeze. Records you’ll need to complete your tax...[Read More]