Not much to do with tax today, but if your power bills, like ours, seem to be getting higher and higher try this…. Get hold of your last power bill, go to this website & pop in your usage details. This is the government website, not the one with the irritating meerkats which will hound you… Read More Outrageous Power Bills ?
Don’t forget that although December BAS are not due until 28th February, those of you with employees need to pay their super for the December quarter this week. Lindsay
Don’t forget to check out our regular tax updates on the website. Click here to view the December newsletter which has interesting info on how compensation payments from the Royal Commission may be taxed. Lindsay 0413 952 180
Those of you with an SMSF where at least one member has a balance of more than $1m, need to be aware that there are several events that now need to be reported to the ATO in real time – ie not after the end of the year when we are preparing your tax returns.… Read More SMSF real time reporting
The last week has seen a drop in the markets which can be a testing time for the uneducated investor. The temptation is to sell as markets fall (as it’s all a bit scary), and conversely to buy when markets are going up (as everyone else is doing it and it feels good). However selling… Read More Don’t be a lemming
This link is a great new guide on financial well being for all the women you know, but especially the next generation of (hopefully) financially savvy girls. Suitable for all ages, it covers all the big milestones (good & bad) such as….. Your first job Moving in with your partner and getting married Buying your… Read More Finance for Daughters – and all other women!
SMSFs are a great tool for creating wealth in a tax effective environment and, because of the self managed bit, enabling you to have total control over your investments. However, SMSFs also come with lots of rules that need to be followed, with failure to do so potentially resulting in massive penalties. Make an administrative… Read More How old is too old for an SMSF