Ah, Christmas! It’s that magical time of year when Santa Claus jets across the world delivering presents, joy, and sugar-induced meltdowns for parents everywhere. But as seasoned accountants and financial... read more →
Many Australians dream of moving overseas for a short-term adventure or a permanent lifestyle change. For some, the move is meticulously planned; for others, it’s a spontaneous leap into the... read more →
The festive season is a time of joy and giving, but it can also bring financial stress. With the added pressure of bills and buying presents, some SMSF (Self-Managed Super... read more →
If your favourite drink at the pub or the bottle shop is a seltzer, ginger beer or craft beer, a new proposed draft excise determination may strain your wallet from... read more →
Superannuation is one of the best ways to save for retirement, but it’s not without its risks—especially if you're between 40 and 60 and starting to think about winding down... read more →
Over the past five years, more than 150,000 Australians have dipped into their retirement savings early to cover medical expenses, raising concerns about the financial impact this may have later... read more →
A Director Penalty Notice (DPN) is a formal notice issued by the Australian Taxation Office (ATO) to company directors, holding them personally liable for certain unpaid tax debts of their... read more →
If you're a contractor, freelancer, or self-employed, you’re probably already juggling multiple responsibilities, from managing clients to keeping track of your income. One area that often gets overlooked is superannuation,... read more →
Superannuation is a vital aspect of retirement planning in Australia, ensuring individuals have sufficient savings for their later years. One effective strategy to enhance your family's overall superannuation balance is... read more →
You may pay less tax with the tax cuts that have taken effect from 1 July. While the tax savings will depend on your circumstances, it’s important to think about... read more →
In recent years, the superannuation guarantee (SG) has gradually increased by a set percentage. This increment is part of a continuous rise toward reaching 12% gradually, predicted to be achieved... read more →
Selecting the right superannuation fund is a crucial decision that can significantly impact your financial future in retirement. With numerous options available, it's essential to understand the key factors to... read more →
There exists a persistent and concerning gender gap in superannuation. Women often find themselves disadvantaged compared to their male counterparts when building wealth for their golden years. Whether it is... read more →
Superannuation is a crucial financial tool designed to provide Australians with a comfortable retirement. While it's generally a long-term investment, there are specific circumstances under which individuals are allowed to... read more →
Estate planning is a critical aspect of financial management that often takes a back seat in the hustle and bustle of daily life. However, for those seeking to secure their... read more →
Loans to members continue to top the list of reported contraventions in self-managed super funds (SMSFs), according to auditor contravention reports submitted for the 2019 to 2022 audit years. Constituting... read more →
As the calendar year draws to a close, businesses often find themselves in a familiar but often challenging position – chasing invoices. A healthy cash flow is the lifeblood of... read more →
Superannuation, often called 'super,' is a vital part of Australia's financial landscape. It's a retirement savings system that's intended to provide financial security in your golden years. However, despite its... read more →
One of the most common questions from those entering or nearing retirement is, ‘How much money can I have before it affects my pension?’ Our answer is usually derived from... read more →
A Self-Managed Super Fund (SMSF) is a unique and increasingly popular retirement savings vehicle in Australia. SMSFs offer individuals and families greater control, flexibility, and investment choices than traditional superannuation... read more →