Tips for switching off during the holidays

by Gerald Chikwanda | Dec 20, 2019 | Business, Holiday

The holiday season is once again here, and with it comes time to relax, focus on family and friends and take stock in what is really important in life. Unless you're a small business owner. Every small business owner knows that being away from the office can be just as stressful as being in it.

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Unscrambling the nest egg: Removing an SMSF member on relationship breakdown

by Stephen Gethin | Dec 17, 2019
It is normally too late to implement this strategy when a relationship separation occurs. The framework to enable a smooth SMSF separation on a relationship breakdown should be put in place when the fund is set up.

A separating couple's respective interests in an SMSF will often be adjusted by a binding financial agreement or a Family ...

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The Staff Christmas Party – is it tax exempt?

At this time of year, employers like to throw parties for clients and employees. This is a great way of saying “thank you” to the team for all their hard work and to the clients for their continuous support.  It is also seen as a major exercise of client relationship management.

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Gifts to clients – are they deductable for tax?

Giving gifts to clients at Christmas time is always popular and may help win new clients and generate more income for your business. In order to claim gift expenses during tax time, the gifts would need to have been offered with the intention of generating future assessable income.

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Salary sacrificing super changes coming Jan 2020! *Important update*

Changes to Salary Sacrificing to Super

There’s been an important change to employee super guarantee calculations. The change relates to employers who pay salary sacrificed amounts into an employee’s superfund. The following information is therefore an update for employers. Please contact us if you would like to chat.

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Gifts to staff – are they tax deductable or subject to FBT?

Christmas is a time where employers like to give gifts to their employees, in the spirit of the season. Along with this they also need to know -

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When should you update your Will?

by Stephen Gethin | Oct 17, 2019 | Blog

While no list can capture every scenario where changing your will would be desirable, the list below covers most cases where updating your will would be advisable, in addition to the obvious one: if it no longer reflects your wishes.

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Insurance in Superannuation – The hidden trap that could leave you vulnerable

by Louise Davies | Oct 02, 2019 | Blog

Many Australians have a false belief that the insurance policy they hold within their superannuation funds will protect them when they need it most.  

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Understanding Your Pension after Retirement in Australia

by Melvyn Gilbert | Sep 18, 2019 | Blog

Are you looking to retire soon? - Knowing how much you’ll need to live comfortably in retirement can be a challenge.

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The Million Dollar Question - Buy or Rent?

by Gerald Chikwanda | Sep 06, 2019 | Blog

Owning a house has long since been an Australian dream. The process was the same; rent at first, save for a deposit then jump into ownership at the earliest. This way of life made for a predictable housing pattern. Nowadays, however, behaviours have changed, especially in Western Australia. A need for lifestyle flexibility, difficulties in saving for a home ...

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