Category: Uncategorized
Recruiting new employees? The 1 November superannuation rule changes
From 1 November 2021, where an employee does not identify a superannuation fund, the employer is required to contact the ATO and request details of the employee’s existing superannuation fund or ‘stapled’ fund (the fund stapled to them).
Did your super fund receive a compensation payment?
Is a financial services compensation payment to your superannuation fund a contribution? Of late, there have been several compensation payments made by financial services providers to customers that were inappropriately charged or overcharged for insurance premiums or services they did not receive.
Why insurance is important: real benefits for you and your family
Insurance plays a central role in providing financial security for you and your family when it’s needed most.
You insure your car and your home. But nothing is more important than your life and your ability to make a living. So it makes good sense to insure your greatest asset – you!
Tax deductions for investing in your business
Stimulating investment is high on the Government’s agenda but when it comes to second-hand assets, the rules are a bit different depending on the size of the business.
Biden versus Trump – the US presidential election is looming as the next big event for investors
The US election is only a month away. Markets are now paying close attention to it for several reasons.
The ATO on the COVID-19 fraud warpath
Australian Taxation Office initiatives are searching out fraud and schemes designed to take advantage of the Coronavirus Economic Response Package.
Economic Update
Covid-19 developments continued to dominate attention. There were spikes in the number of new infections in both Australia and overseas, suggesting an economic recovery may be delayed.
The risks early lodgers face
Tax time is near, but the ATO is urging individuals to take extra time when preparing their tax return to minimise their risk of making a mistake.
Lending Update April 2020
With unprecedented times due to COVID-19, the lending landscape is undergoing some changes. Here is a quick 2 minute update to keep you all informed:
Main Residence Safe Harbour When Selling An Inherited Property
In some cases, a deceased estate or beneficiary can access full exemption on sale of an inherited dwelling if it is sold within 2 years.
Six cognitive biases that influence how we save, spend and invest money
We value immediate rewards over rewards in the distant future. This tendency to want instant gratification is hard wired from birth.
Borrowing Money For Renovations: What You Need To Know.
Here are a few things to think about before making the leap from Pinterest board to blueprints.