Accounting

Blogs with the keyword "Accounting"

Investment market review - quarter ended 31 Mar 2019

15 May 2019

The Research Team provides a performance summary and commentary on each of the five main asset classes.

Plus, we illustrate the growth of different investments if you invested one Australian dollar in 2003.

Is it time to go off-grid?

15 May 2019

Once considered a radical way to live, many Australians are now viewing an off-grid lifestyle as both economically and environmentally savvy. We delve into some of the pros and cons and to help you determine whether it’s a good choice for you.

Shedding light on financial exposure

15 May 2019

Financial exposure is the gap between the level of life insurance required to meet your basic needs and the level of insurance you actually have in place in case an unexpected health event occurs. Financial exposure is a growing problem in Australia. This article looks at some of the reasons for this and why it’s important to minimise your financial exposure.

Economic outlook for 2019

15 May 2019

Overall, we are likely to see a slowdown in growth for both the Australian and global economies over the next year. Upcoming elections, including our own Federal election, will have a major influence on the economy as will government spending.

Super dependants

15 May 2019

If you have a superannuation fund, you’ve probably been asked to nominate your beneficiary. But, super fund trustees can only pay your super death benefit to eligible dependants1 or to the legal personal representative of your estate. Here’s what you and your family need to know.

2019 Federal Budget announcement

03 Apr 2019

Find out how the Federal Budget proposals could affect you.

Investment market review - quarter ended 31 December 2018

21 Mar 2019

The Research Team provides a performance summary and commentary on each of the five main asset classes.

What's new for the 2018/19 financial year?

28 Aug 2018

The start of the new financial year brings a number of changes and some new opportunities.

Investment market review

28 Aug 2018

A review of the quarter ended 30 June 2018.

Investment market review

24 May 2018

A review of the quarter ended 31 March 2018.

Tax-effective strategies

24 May 2018

With 30 June fast approaching, now’s the time to put in place the strategies that could save you paying more tax than you need to this financial year. And, look at the most appropriate tax strategies for the 2019 financial year.

Federal Budget 2018/19

09 May 2018

This year’s Federal Budget is an ‘election budget’ with tax cuts for all Australians that will be funded by the Government’s higher than expected revenue. All-in-all, changes to super were fairly limited in the Budget, with the Government focused on preventing the erosion of super funds with small balances.

Budgeting for tax, risk and earnings

29 May 2017

The banking sector appears to be facing further regulatory, economic and fundamental headwinds.

Federal Budget update 2016/17

04 May 2016

This was not your typical Budget. Instead, the Treasurer, Scott Morrison, attempted to build an election platform for the Government and overall, this Budget is quite fair to most people.

Does the holiday home dream stack up?

20 Nov 2015

It’s coming to that time of year when you spend time relaxing with family and friends in your favourite holiday destinations. A thought that often follows is, ‘Wouldn’t this be a great place to buy for our future holidays and as an investment for our retirement?’

Did you know… lower tax for small business?

22 Sep 2015

Following the Federal Budget announcement, the Government has now passed law to change the tax rate for small businesses structured as a company. The new tax rate is effective from 1 July 2015.

Are you at risk? Allocation of profits within professional firms

12 Dec 2014

The Australian Taxation Office (ATO) has released draft guidelines on the tax compliance risks flowing from the use of partnerships of discretionary trusts, or similar structures, for professional practices. As a result, the ATO will be reviewing remuneration arrangements used by accountants, lawyers and other professionals to ensure such structures are properly used.

Fringe Benefits Tax - the opportunities for high income earners

04 Jul 2014

As part of the recent Budget measures announced by the Federal Government, the Fringe Benefits Tax (FBT) rate will increase from 47% to 49% from 1 April 2015 until 31 March 2017, that is, for the 2016 and 2017 FBT years.

Investment returns – does tax really matter?

22 May 2014

​You bet it does. You see, we have a habit of spending our money in after-tax dollars. So if we are relying on our investments to fund our lifestyle in retirement those investments will need to work harder if our return is being eroded away by excessive amounts of income or capital gains tax along the way.

Anti-detriment payments: How your family can claim back your superannuation taxes

10 Oct 2013

​I hate talking about morbid subjects such as death, however, having recently helped a client's family, I want to discuss a little known strategy called 'anti-detriment payments'. This strategy can help your family and increase the value of your estate.