Saving money is something that almost everyone strives to do – and fortunately, there are often plenty of ways that a person could reduce their outgoings to save a little extra cash. Because of this, keeping a few money saving…
Subdividing a block of land can be a way to make extra cash on a part of land that may not be used otherwise. Usually, the profit made from selling this subdivided piece can either be counted as capital gain,…
The margin scheme is a method of calculating the Goods and Services Tax (often abbreviated to GST) that needs to be paid when they sell a property through their business. The margin scheme is only applied if the property’s sale…
While having a personal insurance plan at any age can be a wise idea, those who are close to reaching the age of 35 should definitely consider it. Why? A major insurer, TAL, recently released statistics that showed that, for…
When you are earning foreign income (from overseas) and are an Australian resident, you need to declare this on your Australian tax return. While the ATO will be able to help you to determine if you qualify as an AU…
Has the recent increase in the eligibility age for the Age Pension put a damper on your plans? Here’s our guide on how you could avoid missing out as a result of the changes. What’s Changed Exactly? Over the course…
Single Touch Payroll (STP) is a new accounting method introduced to employers to make the reporting of employees' tax and superannuation information to the Australian Taxation Office easier. Using accounting software that makes use of STP, employers can now send…
The start of a new year is a great time to overhaul your financial situation. Why not take a look at some recent changes and enjoy new opportunities for 2019 and beyond. First Home Deposit Voluntary contributions made to superannuation…
Congratulations! Purchasing an established business or franchise, you have avoided the headaches of starting a business from scratch. You already have customers, revenue and by-passed some of the most difficult times in owning a successful business. However, avoiding common tax…
Watch this case study to get an insight into the real value of getting good financial advice: The Real Value of Advice Case Study from Millennium3 on Vimeo. Lindale Insurances Pty ltd ATF Lindale Insurances Trust ABN 27 027 421…