Superannuation, often called ‘super,’ is a vital part of Australia’s financial landscape. It’s a retirement savings system intended to provide financial security in your golden years. […]
As a business owner, one of the perks is the ability to claim tax deductions for expenses related to motor vehicles used in your business operations. […]
Not quite ready to take the plunge into full retirement, but ready to make a start? Transitioning into the retirement phase of your life means undergoing […]
Could your small business claim a 20% bonus deduction on technology expenditure that supports their digital operations or the digitisation of their operations? The small business […]
Company culture has become an important part of how businesses are perceived. Businesses with a positive culture are more likely to attract clients and customers. Statistics […]
One of the most common questions from those entering or nearing retirement is, ‘How much money can I have before it affects my pension?’ Our answer […]
An additional 10% capital gains tax (CGT) discount may be available when you sell an Australian residential rental property that you used to provide affordable housing. […]
In Australia, the Pty Ltd Company (proprietary limited company) is one of the most popular business structures chosen by entrepreneurs and business owners. Pty Ltd companies […]
Contractors who run their own business and sell their services to others have different obligations to their super than what employees in a business may usually […]
Downsizing during retirement can help you reduce costs and put some more money in your pocket so that you feel more secure about your finances during […]
You must make a binding death benefit nomination to maintain control and certainty over who will inherit your superannuation assets after you pass away. Contrary to […]
Superannuation may not be the first thing that springs to mind as a self-employed individual, but just like how looking after your tax and business expenses […]
Superannuation payments need to be made to your employees, otherwise, stringent penalties can be implemented that could be financially more devastating to your business than simply […]
Individuals may be looking to opt for an SMSF because these provide entire control over where the money is invested. While this may have traditionally been […]
It is your responsibility as an employer to set up your business to pay super into your eligible employees’ chosen super funds or their stapled super […]