As proposed in the 2017 budget, the removal of the main residence CGT exemption for tax non-residents was legislated in Dec 2019 A rather draconian rule, the effect is that if you are tax non-resident on the date you sign the sales contract on your Australian property, you will not get any exemption at all… Read More Non-Resident with a home here? Quick – Sell it!
Believe it or not there is still the possibility to get some free money from the government. The superannuation co-contribution is hanging on in there for a little longer so make use of it if you can and grab up to $500 of free cash. Even better, why not pop some $ into the kids’… Read More Tax Tip 2019 : More Free Money from the Government
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
New rules this year, for the first time allow anyone to claim concessional super contributions as a tax deduction. This is very exciting. Full details of the changes are in this previous post. However as we near the year end, here is a quick summary of the important bits ……… This will be a useful… Read More Did you forget to Salary Sacrifice?
disciplined regular investing works – every time.… Read More Why Everyone Needs Help Investing
disciplined regular investing works – every time.… Read More Your No.1 Problem When Investing
Most people are bored by super. They don’t tend to it or cherish it. Often they don’t know where their super is, and bizarrely the majority have no idea what it is invested in. However, if you could increase your eventual super balance by tens of thousands of dollars by spending just 2 minutes on… Read More 2 Minutes to Crank up Your Super
Last, but not least, in the tax tips series this year are five additional savings for businesses. If you need assistance please call to discuss 02 8090 4112
Six essential checks pre June for your SMSF. If you need assistance, call me to discuss on 02 8090 4112