Month: September 2018

SMSF, Tax Champion

Every Three Year SMSF Audits – A Ludicrous About Face

As a Tax Advisor to small businesses that run Self-Managed Super Funds (SMSFs) I am aghast at the way our federal government and, in particular, Canberra bureaucrats treat this sector.

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Tax Champion

You’re Paying Too Much

This is what your accountant should be charging you, depending on their firm’s size and location. Those big city firms are charging quite a bit, considering you can get the same quality service from us.

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Blog, Property

Changes To CGT Exemption For Inherited Property

When someone inherits a dwelling there are some special rules contained within the main residence exemption provisions that can provide a full exemption if certain conditions are met. If the conditions are not met, the beneficiary might face a nasty capital gains tax (CGT) bill for their good fortune.

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Blog, Living Estate Planning

Do You Need An Advanced Care Plan?

This is effectively any type of written statement regarding a person’s wishes for their future medical or healthcare treatment.  Additionally it may formally appoint a person (decision-maker) who can act or speak on your behalf should you be unable to do so yourself due to illness or injury.

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Lending & Finance, Tax Champion

The Terminator’s Lending Update

Linda Hamilton (or as we like to call her, The Terminator) has been in the Lending industry for over 20 years. She’s a whiz when it comes to home loans and rates, and she’s here to give you an update on the current lending environment.

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Small Business Tax Advice, Strategic Financial Advice, Tax Champion

Investment Trusts for Small Business Owners

If you own a small business and would like to start investing, this is a structure that you need to become familiar with.

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Community, Small Business Tax, Tax Champion

What Is The Best Software For Accountants?

I want to give you my honest and fair opinion of what’s out there on the market. Firstly, let’s examine the most popular ones – MYOB, Quickbooks and Xero.

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Blog, Living Estate Planning

Who Can See Your Will After Death?

There is a broad class of people entitled to see a will once someone has died. The first step is to determine if someone fits within that group.

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Blog, Lending & Finance

CBA To Scrap Supergear Product

CBA will SCRAP their Supergear product, effective 12th October 2018. A decision to refine their product offering to become a “simpler, better bank” is their reasoning to exit the LRBA market.

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Tax Champion, The Killer Series

The Killer: Sincome Tax

The Tax Champion is back with a new idea… he’s calling it Sincome Tax and he expects that it could change multinational corporate companies forever.

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Tax Champion, The Killer Series

Oligopolies and Monopolies Thrive Again

News Corp Australia has made a submission to the Australian Competition and Consumer Commission’s digital platforms inquiry to split up Google. It is believed to be the first time a major media company anywhere in the world has suggested Google be split into different businesses.

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Blog, Property

Offset VS Redraw For Property Investors

Having the right loan structure when purchasing a property is imperative, whether you are purchasing a main residence or investment. Here is an explanation of the difference between an offset account and a loan redraw facility.

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