According to a new research by Finder, more than half of Australians do not have a valid will. Estate planning is something that should be thought about and planned, sooner rather than later. Have you ever had a crisis and suddenly…
Why should you review your super? One of the biggest assets you’ll accumulate in your lifetime is your super. However, many Australians think they don’t need to worry about their super until retirement. It’s important that you regularly review and…
If you have received or have given a gift of crypto assets you will need to consider the tax implications that can occur. Giving a gift or donation in crypto By donating or gifting crypto assets you are essentially disposing…
When lodging your 2023 tax return you may notice that your tax outcome may be different than in previous years. Your refund may be lower or you may receive a tax bill. Your tax return outcome may change for any…
There’s more to cryptocurrency then just buying and selling. It’s important you understand your tax obligations. If you exchange crypto for goods, cash, or other cryptocurrencies then it’s likely a disposal for the purposes of capital gains tax. Then a…
Even if you’re nearing retirement and haven’t consulted a financial planner before, there is still a considerable amount of help and advice you can benefit from. For most of us, the big questions around our retirement will include: When can…
Being tax-smart when investing in property means more than making the right property choices. If you use your property to earn income at any time, you need to: Keep records from the start Work out what expenses you can claim…
Save time and money by avoiding the following common tax mistakes: 1. Getting initial repairs and capital improvements right You can’t claim an immediate deduction for: - Initial repairs on damage existing when you bought the property - Improvements you…
Saving for your first home? Hoping to retire a few years earlier? Want to take control of your finances? Planning for the holiday of a lifetime? Wondering where your wages go? Whatever your goal, our Free Budget Planner can help…
A family trust is an excellent way to protect generational wealth, assets, and the financial future of your descendants. A family trust is a discretionary arrangement in which a trustee is the holder of certain assets and the distributor of…