What is the Medicare levy?
The Medicare levy is an amount you pay in addition to the tax you pay on your taxable income. The levy is 2% of your taxable income and it helps fund some of the costs of Australia’s public health system…
Changing your business structure
There are steps involved if you change your business structure. For example, when you: Change the composition of your business partnership because your previous partner has retired or passed away or a new partner is admitted. Change your entity type…
Budgeting for retirement: 5 things to consider
Budgeting for retirement is an essential part of ensuring a secure financial future for yourself and your loved ones. Australia has a comprehensive superannuation system which has helped retirees maintain their standard of living. However, it may not be enough…
Tax Planning
Maximize Your Financial Potential with Strategic Tax Planning At Roy A McDonald Pty Ltd Accountants, we recognise that effective tax planning is essential for both individuals and businesses seeking to optimize their financial health. Our dedicated team of experienced professionals…
Identifying your goals
People often turn to a financial planner to help simplify their finances and set achievable financial goals, providing greater confidence to plan for their future. A financial planner will be able to help you with areas such as: Budgeting Cash…
The 5 Things to Look for When Buying a House
Buying a home can be one of the most exciting times, but let's face it it's also a major financial commitment that requires careful consideration. While it's easy to let emotions guide the decision-making process, it's crucial to keep a…
Divorce and Separation
Divorce or separation can bring a heavy emotional toll and financial burden. Fiducian Financial Services is here to help. We will work with you, your family and your legal team to help you reach your long term financial goals, independently…
Connecting over 50s to the digital world
The Government will be investing $42 million to extend the successful Be Connected program to ensure older Australians are connected to and safe in the modern digital world. The program supports Australians over the age of 50 to boost their…
Business Planning
Why Business Planning Matters Effective business planning is the foundation of a prosperous enterprise. It provides you with a roadmap for achieving your goals, managing resources efficiently, and navigating the complexities of today’s business environment. Whether you’re launching a startup…
Reaping the rewards from content creation
If you’ve been making $75,000 or more in a 12 month period from content creation then you’ll need to register for GST. This includes receiving payments (whether cash, services, goods or a percentage of advertising revenue) for: reviewing and promoting…