Month: May 2018

Strategic Financial Advice

Understanding different types of retirement pensions

We explain the difference between three commonly used pensions, including the government’s Age Pension, a transition to retirement pension, and an account-based (or allocated) pension, so you’re across how they work and what might be right for you.

Read more
It's All Your Fault Series

It’s All Your Fault – Episode 1

It’s all your fault if you are going to go into business. Don’t look for excuses, don’t rely on anyone else but yourself and close family. You have to cover off on: 1. Operations 2. Human Resources 3. Innovation 4. Finance 5. Marketing That’s one person to cover off on all these areas that are […]

Read more
The Killer Series

The Killer – Episode 4

The Killer – Multinational Companies paying little or no tax – is a succession of inter country and inter entity transactions designed to defeat Corporate Income Tax in OECD countries and this is how they do it.

Read more
Property

WITHHOLDING GST AS AT 1 JULY 2018

As of 1 July 2018 there is another change to how new residential property sales are treated. Purchasers will now need to withhold GST from the purchase price on behalf of the vendor, and remit it to the ATO.

Read more
Tax, The Killer Series

The Killer Revealed

The killer is multinational corporate tax rates. Do you know why? Because they are ZERO, and if a multinational isn’t on ZERO income tax rate, they are close to ZERO. It’s an absolute disgrace these multinational companies paying ZERO tax.

Read more
The Great Australian Nightmare Series

The Great Australian Nightmare – Episode 2

The Great Australian Nightmare -Episode 2…….Growing small businesses need very specific tax advice that requires a completely different way of thinking to save themselves tax/cash. DO NOT pay off your home loan and you’ll save thousands. I explain what you need to do in this strategy session.

Read more
Small Business Tax, Tax

Budget 2018 The Wrap

Budget night – here’s the wrap for small business, brought to you by the Tax Champion and Paris Financial, so here we go…

Read more
Small Business Tax

Budget 2018

#Budget2018 and what it means for Small Business. Tax Champion, Pat Mannix on what Small Businesses need to know from tonights Federal Budget.

Read more
Tax, The Killer Series

The Killer Series – Part 1

The Killer and not the Killers I wanted to focus on in this rant. The Killer is the most passive aggressive infiltration of globalisation gone wrong and it’s only attacked by little lame ducks (scribes) like myself out here in small business land having virtually no influence. But, you gotta have a go, so here goes.

Read more
The Killer Series

The Killer – Episode 3

Apology for The Killer Revealed, Ep 2.

Read more
The Killer Series

The Killer – Episode 2

The Killer Revealed – A most disgusting beast!

Read more
Tax, The Great Australian Nightmare Series

THE GREAT AUSTRALIAN NIGHTMARE – Part 2

In Part 1 of the Great Australian Nightmare I alluded that those people growing a small business and creating at least $200,000 in family profit should NOT pay off their private home mortgage and instead invest the money into other growth assets. By doing this you can save upwards of 20% per annum via the correct tax structure.

Read more