Blog

People often think of the Australian Taxation Office (ATO) as the big bad wolf on the prowl come the end of the financial year. And taking a third-person perspective, some would say the ATO has the view of “what’s yours is mine, and what’s mine is mine.” In translation… “Everything belongs to me” – whichRead more

How can you promote your business online? What resources are available? What market do you fit in and what are the advantages of having an online presence? Our society’s reliance on technology is exponentially increasing and the internet can offer many opportunities for your business to present itself to the market. An online presence canRead more

  How will I EVER afford to retire ? Don’t worry, we all think it. I’m in the financial planning industry, assisting people every day with superannuation and insurance, yet I still look at my own super balance and think “that will never be enough. I’ll be working until I’m 90 years old”. For theRead more

A strong working relationship between a client and their accountant can be complex and demanding, yet rewarding on a personal level. It is the single most important foundation between the two in order for an accountant to achieve the best outcomes for their client. While it’s imperative for an open line of communication between bothRead more

The Difference between Joint Tenancy and Tenancy in Common I recently had an appointment with a client who had a new property and they asked if they needed to include it in their tax return. The client owned it with a sibling and that sibling lived in the house with their partner, while my clientRead more

2017 New Years Resolutions Keeping up to date with your tax and accounting obligations It’s the beginning of a new year and we’re motivated enough to do something better. Why not use this time to get all your accounting and tax affairs in order? Here are some tips and tricks on how you can meetRead more

Super Transfers to New Zealand If you’re planning to move permanently or indefinitely to New Zealand, you may transfer your retirement savings from a participating Australian super fund to a New Zealand KiwiSaver scheme. You may only transfer retirement savings between a complying APRA-regulated superannuation fund and a KiwiSaver scheme. Check with your fund andRead more

The new Working Holiday Maker / Backpacker Tax There has been quite a bit of media coverage on the proposed ‘ backpacker tax ’, formally known as the ‘working holiday maker reform’ since the 2016 budget was introduced. Now that the backpacker tax has received royal assent what are the legislated changes and how willRead more

How to sell on Gumtree I love Gumtree!! It’s a quick and easy way to sell unwanted or used items. It’s local, so there’s usually no need for postage or shipping. In this piece I’m going to explain how to sell an item on Gumtree, however this is not an advertising lesson. It’s about priceRead more

    Whats in an insurance claim?  Let me paint you picture. (OK it’s a long picture, but worth it!) You’ve just had the bad news that you’re unwell or injured. You’re not going to be able to work for a significant amount of time. The stress sets in. You start to worry about money.Read more