Blog
What is the Rental Relief Code of Conduct?
Lan Nguyen together with Matthew Kenny and Maurice Wolman of All Commercial discusses the new code of conduct for Rent Relief during the coronavirus pandemic.
Save Tax – “Cap” tax using a “bucket company”
In the lead up to 30 June 2020, we want you to know why using a “bucket company” can be a great strategy for saving tax on trust profits distributed.PROFITS FROM A TRUST?Do you have a Trust that generates profits? If yes, then read on! A “bucket company” allows you to “cap” the tax on profits […]
Save Tax – Opportunities with Superannuation for 2020
When you retire, your superannuation is likely to become an important source of your income. That’s why it’s a good idea to top it up while you are working. But did you know, there are also some excellent tax benefits you can take advantage of right now – just by making your own voluntary superannuation contributions? Generally, […]
Reduce your 2020 tax
With the end of financial year approaching quickly, NOW is the time to discuss with us the actions you can take before 30 June 2020 to reduce your tax and grow your wealth. For 2020, key priorities are likely to include: •Maximising superannuation contributions without exceeding the relevant caps • Bringing forward deductible expenses • Deferring taxable income • […]
JobKeeper Overview
Under the JobKeeper Payment, businesses impacted by the coronavirus will be able to access a subsidy to continue paying their employees. The Government will provide a fortnightly payment of $1,500 per eligible employee until 27 September 2020. Now the legislation and accompanying Treasurer’s rules are available, we have clearer guidance as to key aspects of […]
What every employer needs to know about fringe benefits
On 31 March 2020, the Fringe Benefits Tax (FBT) year ends. With the ever increasing budget deficits, the ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount. To help you meet your fringe benefits obligations, we’ve put together a list of essentials every […]
The Second $66.1 bn Stimulus Package: What You Need To Know
The Government yesterday released a second, far reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for small business employers, and relaxes corporate insolvency laws. The stimulus measures are not yet legislated. Parliament will reconvene on Monday 23 March. […]
The Stimulus Package: What You Need To Know
The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus. The yet to be legislated four part package focuses on business investment, sustaining employers and driving cash into the economy. For business Business investment Increase and extension of the instant asset write-off Accelerated […]
I Can Predict Your Future
It is over 10 years ago when i opened my first business.Why? Let me tell you…. This is what stinks About being at a job? You are never paid what you are truly worth when you are working in a J-O-B… Instead, You’re paid EXACTLY what it cost to REPLACE YOU. […]
EXPOSED: THE TRUTH ON WHY THE WEALTHY GET RICHER AND THE POOR GET POORER
Can you show me how you became Financially Free? This is probably the most common question that I am asked by my friends, family and clients. As such I thought I would share my views which aided my family to achieve financial Independence. Let me first start with the first and most valuable Wealth Principle: […]