News

Areas of concern for SMSF trustees

Areas of concern for SMSF trustees If you are the trustee of one of the approximately 577,000 SMSFs in Australia at the moment, there are some areas the ATO wants you to pay particular attention to including the sole-purpose test and the in-house asset rules. If it...

Upcoming Event: Be on The Front Foot- Protect Your Assets

Upcoming Event: Be on The Front Foot- Protect Your Assets We are surrounded with assets that we buy using our hard earned money, so why wouldn’t we look at protecting those assets? Protecting assets like the family home or a business premises and business equipment is...

Case Study: Capital Gain Implication for Overseas Investments*

Case Study: Capital Gain Implication for Overseas Investments* One of our valuable clients approached us with a question regarding the capital gains tax implications of their parents selling an overseas investment property. The parents had only moved to Australia in...

Personal Super Contributions

Personal Super Contributions Personal super contributions made from 1 July 2017 onwards are tax deductible for both employees and sole traders. For sole traders, up to $25,000 can be contributed to superannuation and claimed as a tax deduction for the 2018 financial...

Budgets

Budgets With the 2018 financial year now completed, now is the time for you to take a glimpse into the future of your business with your 2019 financial year budget. Many people unfortunately get caught working in their business but not on their business, limiting the...

Refunds

Refunds With the 2018 financial year coming to a close many of us turn our minds to our tax returns and for the lucky ones potential refunds. If you received a tax refund in the 2017 year that is a great indication that you may again be entitled to a refund this year....

This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial advice prior to acting on this information. Investment Performance: Past performance is not a reliable guide to future returns as future returns may differ from and be more or less volatile than past returns.