fbpx

Income

Time to review your income protection cover
Business

Time to review your income protection cover

If you’ve owned an individual income protection or salary continuance policy in recent years, you may have seen your premiums increase as insurers struggled to cover their large losses on these products.i Given the ongoing competition and generous features in some products, the Australian Prudential Regulation Authority (APRA) has decided […]

Read More
Salary packaging – worth the sacrifice
Business

Salary packaging – worth the sacrifice

The principle of ‘salary sacrificing’ may not sound very appealing. After all, who in their right mind would voluntarily give up their hard-earned cash. But it can have real financial benefits for some in terms of reducing your taxable income, which could see you pay less at tax time. As […]

Read More
Granny flats: tax tips and traps
Tax

Granny flats: tax tips and traps

The idea of adding a granny flat to your property sounds like a great idea. A property to rent out to generate some welcome extra income, or a home for adult children or mum and dad in their later years. But there are important tax and personal considerations to consider […]

Read More
JobKeeper Payment now officially passed by the Government
Coronavirus

JobKeeper Payment now officially passed by the Government

On April 8th, the JobKeeper package was passed by both sides of Parliament and legislated. This update offers further guidance on the scheme. Workers with multiple jobs If you are employed by multiple businesses, you are only eligible to receive the payment from your nominated primary employer. Timing The JobKeeper […]

Read More
Economic Stimulus Package – Boosting cash flow for employers
Coronavirus

Economic Stimulus Package – Boosting cash flow for employers

An economic stimulus package is being put in place to support businesses to manage cash flow challenges and assist them retain their employees to continue to stay viable through the coronavirus crisis. The Government is providing tax-Complimentary cash flow boosts between $20,000 and $100,000 to eligible businesses delivered through credits […]

Read More
Economic Stimulus Package – Supporting apprentices and trainees
Coronavirus

Economic Stimulus Package – Supporting apprentices and trainees

The Government is encouraging and supporting businesses to retain apprentices and trainees to ensure continuity of skilled workers across our trade industries. Eligible employers can apply for a wage subsidy of 50% of the apprentice’s or trainee’s wage paid from 1 January 2020 to 30 September 2020. Where a small […]

Read More
Economic Stimulus Package – JobSeeker or JobKeeper
Coronavirus

Economic Stimulus Package – JobSeeker or JobKeeper

In a rapidly evolving response to the spread of COVID-19, the Federal Government announced in March a new suite of welfare packages to help Australians who’ve found themselves out of work. Among them are the JobSeeker and JobKeeper payments. Here’s a rundown of how they work:  JobSeeker This initiative was […]

Read More
Coronavirus and Global Volatility
Financial Planning

Coronavirus and Global Volatility

Special Update – Monday 9th March, 2020. Today the Aussie market suffered the worst decline since October 2008 with the ASX 200 -455.6pts or -7.33% to 5760.6pts. All sectors finished in negative territory with the energy producers the hardest hit due to plunging oil prices. The market is now at […]

Read More
Managing your side hustle
Income

Managing your side hustle

Whether it’s to pursue a passion or to make a little extra money, more Australians than ever now have a side hustle. But while Complimentarylancing, moonlighting and pursuing passion projects can be a great way to add value to your life, they can sometimes complicate how you go about managing […]

Read More

The information provided on and made available through this website does not constitute financial product advice. The information is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. We recommend that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Centaur Financial Services do not warrant the accuracy, completeness or currency of the information provided on and made available through this website. Past performance of any product discussed on this website is not indicative of future performance.

Book Contact

Contact Us To Schedule A Complimentary Meeting

Complete the following form and we will be in touch to arrange a Complimentary appointment.