Feb 22, 2020 | Finances, Financial Literacy, Financial Planning, Taxation Planning, Uncategorised
Here are some key opportunities and issues to consider in the lead up to 30 June. Overview With the end of financial year (EOFY) approaching, now is a great time to consider the actions you could be taking before 30 June to build their wealth tax-effectively. As per...
Jan 10, 2020 | Finances, Financial Literacy, Financial Planning, Interest rates, Investing, Lending, Loans, Superannuation, Taxation Planning
Not so long ago one of the most effective, low risk wealth creation strategies was to use spare savings to pay down a mortgage, either directly or via the well disciplined use of an offset account. If your mortgage interest rate was 8% per annum, that’s the effective,...
Jun 27, 2019 | Finances, Financial Literacy, Financial Planning, Insurance, Taxation Planning
How often do you give your business finances a tidy-up? As another end-of-financial-year rolls by, now is as good a time as any to undertake a bit of housekeeping. The stresses of running a small business often see us rushing, unprepared, towards June 30th. It’s that...
Jun 20, 2019 | Finances, Financial Literacy, Financial Planning, Taxation Planning
Anyone who has completed their own tax return will know that the tax office treats different types of income differently. Bank interest is recorded in one section, dividends from shares in another and managed fund distributions somewhere else. And unless you are...
May 9, 2019 | Finances, Financial Literacy, Financial Planning, Superannuation, Taxation Planning
Want to help boost your retirement savings while potentially saving on tax? Here are some smart super strategies to consider before the end of the financial year. 1. Add to your super – and claim a tax deduction If you contribute some of your...
Mar 22, 2019 | Finances, Financial Literacy, Financial Planning, Insurance, Investing, Retirement, Superannuation, Taxation Planning
Financial planning. That’s for people with lots of money to invest, isn’t it? Not necessarily. Sure, investment planning is an important part of financial planning, but underpinning the whole process of creating wealth in the first place is having a good financial...
