Save Yourself this Christmas-12 money tips for Christmas

If the festive season usually leaves you out of pocket and feeling like you spent more time and money battling the crowds than relaxing with friends and loved ones, why not simplify things this year?  Here are some quick and easy tips to help you enjoy the holiday season without breaking the bank.

Read More

ATO Mobile strike force to fight the black economy

As part of the $318.5 million federal budget funding boost to the ATO to implement new strategies to combat the black economy, the Tax Office will be authorising mobile strike visits to 10,000 businesses in 30 locations across the country. The locations will include 10 metro, 10 regional, and 10 remote areas.

Read More

ATO Cracks down on Home office expenses

The Tax Office has put tax claims on costs incurred as a direct result of working from home on its radar, in a continuation of its work-related expenses crackdown. The announcement comes after the ATO recently highlighted several small business professions that have a number of tax ‘grey areas’, including teachers, nurses, police officers, office…

Read More

Super Choices for Employees

If you earn most of your income from employment, you may want to make personal deductible contributions – instead of, or in addition to, salary sacrifice. Since 1 July 2017, employees have been able to claim personal super contributions as a tax deduction.

Read More

The Rules around Gifting & Donations

As we have been fundraising for the RSPCA this month, we thought it timely to touch on the rules around gifts & donations, as well as how you can track these items for tax time. Read on to find out more & access the ATO App to track your deductions!

Read More

What Retirement Living Looks like in 2018

Aussie retirees’ tastes have shifted to lifestyle accommodation featuring onsite chefs and family- and pet-friendly spaces, the founder of a village comparison site has said. Given Australia’s rapidly increasing retiree population, a transparent and easily navigable retirement living sector is critical, the founder of Compare Villages, Jessica Kinnear, told Nest Egg.  Read on…

Read More

Keys to De-Stressing a Mortgage

“Don’t sail out farther than you can row back.” This Danish saying is sound advice for anyone thinking of borrowing to buy a home. According to a paper1 for the Centre of Policy Development and University of Canberra, Australians have a tendency to be over-confident in our ability to repay loans. We also underestimate the…

Read More