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Tax

The Rich Life Vol 56
Newsletter

The Rich Life Vol 56

Welcome to an early Federal Budget edition of our April newsletter. As the Morrison Government clears the decks ahead of a May election, Australians will be weighing up the impact on their household budgets. The war in Ukraine added a major new source of uncertainty to the local and global […]

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Federal Budget 2022-23: Spotlight on tax
Business

Federal Budget 2022-23: Spotlight on tax

Tax offsets and temporary cuts were at the heart of this year’s Federal Budget as the government attempts to woo voters in the run-up to the election. Treasurer Josh Frydenberg emphasised the crucial role of his tax measures in helping Australians cope with the growing cost of living pressures and […]

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Federal Budget 2022-23 Analysis
Business

Federal Budget 2022-23 Analysis

Budget 2022: a balancing act Billed as a Budget for families with a focus on relieving short-term cost of living pressures, Treasurer Josh Frydenberg’s fourth Budget also has one eye firmly on the federal election in May. At the same time, the government is relying on rising commodity prices and […]

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Frankly speaking – Tax benefits of shares
Business

Frankly speaking – Tax benefits of shares

Australian shares are popular investments with self-funded retirees and anyone who depends on income from their investments, due in part to the favourable tax treatment of franked dividends. After falling off in the early days of the COVID pandemic, share prices and dividends bounced back strongly in the year to […]

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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 […]

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Cruising through the finish line
Tax

Cruising through the finish line

Tax tips for EOFY The end of financial year can sometimes feel like a race to the finish. To help you cruise through the finish line come June 30, we’ve prepared a handy list of tips for both businesses and individuals. Small business tips Pay expenses, delay income In most […]

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Election 2019: A vote for continuity in an uncertain world
Election

Election 2019: A vote for continuity in an uncertain world

The Liberal/National Party Coalition has been returned to government, as Australians chose continuity over change and cautious economic management over Labor’s ambitious reform agenda. The Coalition is promising sweeping tax cuts for individuals and continuity for investors with no big changes to existing investment or superannuation policies. One of the […]

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The Major Parties’ Superannuation and Tax Policies
Election

The Major Parties’ Superannuation and Tax Policies

The federal election has been called for May 18 and both major parties have outlined their superannuation and tax policies. With the federal election only weeks away many of our clients have been asking what the major political parties’ policies are that may impact their SMSF, individual taxation circumstances or […]

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