Happy New Year from the team at Roy A. McDonald and Lindale Insurances. It has come to our attention from our clients and our strategic alliance partnerships that dealing with any government area is not always easy. Sometimes there are…
Youth Allowance Youth Allowance provides financial help for young people while they are studying. The financial assistance is based on: Your child’s age and their dependency status. Making sure they are doing an approved course. Your/their income and assets…
If you ask anyone who hasn’t had the success they desired in 2014 what they would do differently, most people would say that they wished they took positive action. It is now 2015 and we can’t erase the past but…
It's not even Christmas yet, but like Scrooge the government are tightening up their belts and counting their "pennies". The government have hit the retired and semi- retired with potentially reduced benefits. Read the article here to get the full…
The government have just confirmed the details surrounding what most retirees feared, the application of deeming rates to retirement income streams including allocated pensions. Currently, retirement income stream balances are not deemed, and a deductible amount is applied to the…
Are you really using your laptop or smart phone or tablet for business or work?[/col_2] The ATO has advised they are not as focused on individual occupations at the moment but on specific work related expenses. This year, its watch…
It is almost spring cleaning time and time to get your tax prepared. Have you been putting it off because it feels too difficult or you're worried about doing it. Let our tax specialist take the worry away and deal…
The ATO Are Like A Dog With A Bone. They are looking very closely at what you are claiming. We are suggesting as a priority you speak to one of our experienced accountants in our office. With tax avoidance costing…
What have you put off lately? Cleaning the gutters? Having your car serviced? The reasons for putting these and many other tasks off are wide and varied. Unfortunately, the risks associated with putting off what may seem simple tasks can…
ATO steps up data mining program. The Australian Taxation Office is mining data to identify individuals with undisclosed offshore income and assets. If you used to live overseas or have investment or income from overseas now is the time to…