Its Tax Time again

Its Tax Time again

Its Tax Time again… Last month we heard the Treasurer Joe Hockey deliver his second Federal budget, with some key surprises in it, especially for small business. Below is a summary of some of the key features and how they could affect you! We are here to help our...
Tax Planning Strategy #5

Tax Planning Strategy #5

Key Items that mean $ in your pocket…  How would you like to legally reduce your tax by $500 or $1,000 or $5,000 or more? Here’s how to do it: The Strategy behind Tax Planning The tax you pay depends on your taxable income (all assessable income less...
Tax Planning Strategy #4

Tax Planning Strategy #4

Trust Distributions Resolutions needed Before 30 June Or Pay up to 49% Tax! If you have a Family Trust (also known as a Discretionary Trust) YOU NEED TO READ THIS! From the 2011/12 financial year, Trustees who distribute the income of a Trust through a resolution to...
Tax Planning Strategy #3

Tax Planning Strategy #3

Debt optimisation (sometimes referred to as “Debt Recycling”) is a financial strategy which creates wealth over time and improves an individual’s loan structure. Achieved, in the majority of cases by: Using all surplus income to reduce your home loan...