Blogs & Resources
Igniting Tax Advantages for Electric Vehicles with Fringe Benefit Tax Exemption
The information provided discusses the recent federal support for initiatives to increase the adoption of plug-in hybrid and electric vehicles in Australia. This support has led to a surge in inquiries and the uptake of novated leasing for these vehicles, particularly...
The Strategic Benefits of Outsourcing Bookkeeping
Running a small business demands effective time management and a keen focus on growth. Amidst these challenges, bookkeeping often becomes a time-consuming task that many business owners are not trained to do nor enjoy or even have the time to perform. The solution?...
Navigating the Div7A Loan Crisis: Strategies to Mitigate the Impact of the Interest Rate Surge
As the world grapples with various economic challenges, a particular crisis has emerged in the realm of Div 7A loans, causing significant concern among business owners. The Div7A Loan Crisis Unveiled: Div 7A (director/shareholder) loans have historically been a...
Secure Your Family Legacy: Why You Need a Specialis for Comprehensive Wealth Protection
2021 Productivity Commission Report: • “Australians—young and old – are ill-prepared for the largest wealth transfer in history” • $3.5 trillion in assets will be transferred in Australia by 2050 • The inherited assets will mostly come in the form of superannuation...
Financial Security for Young Australians– Bank of Mum and Dad
If you have a child in their mid-twenties like I do, hearing their view on home ownership and how it impacts their lifestyle choices is both disheartening and familiar at the same time. Taking the plunge to own your first home always feels impossible (regardless of...
Superannuation is a system that is intended to benefit us in the future. Unfortunately, we never experience the future; it’s always the present moment. Winning in life is putting all the pieces in place today (to the best of our ability) so that we feel positive...
$3 Mill Supertax Legislation – Division 296 Tax
The Government has completed draft legislation so that consultation can begin on doubling the tax on Superannuation earnings over $3 Mill. We can now refer to it as Division 296 Tax. The draft bill will tax earnings on balances over $3 Mill (regardless of pension or...
SMSF Reviews – The Multipliers
If you are worried that your SMSF is not reaching its potential, or you simply don’t know what your SMSF’s potential could be, then it is time you made an appointment with your financial adviser (or Supervision if you don’t have one) to talk about “The Multipliers.”...
Investments Bonds
Investment bonds explained Investment bonds can be a handy investment option when it comes to building and managing your wealth, offering some pretty unique benefits from a tax, asset protection and estate planning perspective. Unfortunately, investment bonds aren’t...
Benefits of Outsourcing Your Bookkeeping with Supervision
As a small business owner, it is often overwhelming to juggle multiple tasks throughout the day. From overseeing employees and managing finances to making critical long-term decisions, the demands of running a business can be time-consuming. If you aspire to expand...
Dealing with Life’s Challenges
In discussions with our business clients, it has become apparent that business conditions have been excellent in the past twelve to twenty-four months, however, there are handbrakes being applied to future growth. The lack of trained and competent team members is...
Life Insurance and Your Self-Managed Super Fund
Life insurances, encompassing Death cover, Total Permanent Disablement cover, Trauma, and Income Protection insurance, are essential in protecting your wealth against death and...