SuperStream

SuperStream From 1 July 2014, SMSF’s will be required to receive employer superannuation contributions using the Government’s SuperStream Data and Payment Standard (the Standard).  The Standard is part of the Government’s Stronger Super initiative...
Tax Planning Strategy No. 5 – General Strategies

Tax Planning Strategy No. 5 – General Strategies

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 allowable tax...
Tax Planning Strategy No. 3 – Debt Optimisation

Tax Planning Strategy No. 3 – Debt Optimisation

Debt optimisation (sometimes referred to as “Debt Recycling”) is a financial strategy which creates wealth over time and improves an individual’s debt structure. Achieved, in the majority of cases by: Using all surplus income to reduce the home loan...
Tax Planning Strategy No. 1 – Establish a SMSF

Tax Planning Strategy No. 1 – Establish a SMSF

Everyone is talking about SMSF’s these days. Recent changes to the laws for operating SMSF’s have in our opinion made them an option that every one of our clients needs to consider. Very simply, a SMSF is a super fund that you fully control. You make all...
Tax Planning Starts Now!

Tax Planning Starts Now!

There’s five key things that you should consider RIGHT NOW. Three of them are brilliant wealth creation ideas. Please read on! 30 June is only 13 weeks after the beginning of April. It’s not a long time at all. This year let’s try and use all of...