Mortgage
April 21st, 2011
Not knowing how to spot a property lemon can turn the sweetness of owning your own property into a sour experience. Unfortunately when it comes to spotting a lemon, signs such as insect holes or water affected walls will be hard to recognise if masked with a fresh lick of paint. While the best way [...]
Accounting : business, selling
April 21st, 2011
With an increasing number of small business owners reaching retirement age and looking to sell their business, owners should ensure they properly deal with tax considerations or they may end up with a great deal less than they expected. For example, one tax concession that business owners expect to be able to claim is the [...]
Accounting : GST
April 21st, 2011
ATO Targeting GST Compliance The ATO received specific funding in the 2010 Budget to look closely at GST compliance, and will be implementing a dedicated program over the next four years to deal with some specific compliance issues. They will focus on: The timely lodgment of activity statements; Verifying GST refund claims; Identifying and dealing with those that [...]
Accounting
April 21st, 2011
Sometimes it pays to act quickly when opportunity knocks. You never know when the opportunity will cease to exist or if the rules will change to reduce the benefits available. Some of the opportunities that have a limited timeframe or have been identified as being subject to further review and potential change include: 1.Superannuation Contribution [...]
Accounting
April 21st, 2011
Every once in a while it pays to have a good look at the basics in respect to our financial position. While everyone’s personal goals and financial objectives are different, the following questions cover simple issues commonly encountered. If you can answer the following questions confidently, you are well on the way to financial independence. [...]