by Wise Accountants | Apr 30, 2014 | News
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...
by Wise Accountants | Apr 29, 2014 | News
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...
by Wise Accountants | Apr 15, 2014 | News
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...
by Wise Accountants | Apr 8, 2014 | News
Big tax refunds for prepaid interest for a capital protected share portfolio (with NO cash required by 30 June) Apart from the usual general tax planning strategies (eg. incur business expenses prior to 30 June to claim a tax deduction this financial year), there are...
by Wise Accountants | Apr 1, 2014 | News
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...
by Wise Accountants | Mar 25, 2014 | News
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...