You often hear of people going on diets or health detoxes especially in the New Year. So why not try a different type of detox a financial detox, by focusing on a few simple areas you can end up saving a lot of money. Here are a few ideas on how to sort out your […]
For most small businesses, other than those in either the retail or tourism sectors, Christmas can really test the cash flow. Not only do you have extra spending on parties, presents and food but for at least two weeks during late December your business will shut down completely meaning little to no revenue. And the […]
So you have worked hard and paid off your home loan. It is important to know a few of the pitfalls with this especially if you are thinking of making that house a rental property in the future. Once a mortgage on a house is paid off in full, you cannot take a loan out […]
Below is a quick summary of the measures. Remember as always, these are not legislation until the Bill passes in Parliament. As history has proven we may not know until Christmas if this legislation is going to eventuate. The main areas affected this year are as follows: Individual Tax Payers Investment property owners First Home […]
There is a common misconception that just because you have an investment property or are thinking of purchasing one, that you can attend these seminars and then claim a tax deduction for the cost of doing so.