Pros and cons of home reversion
Super (AU): Pros and cons of home reversion
Home reversion is when you sell a share of the future value of your home whilst still living t..
What you need to know about luxury car tax
Luxury car tax or LCT is a 33% tax on cars that have a value (including GST) above the set threshold. However, the tax is only on the valu..
What is the transfer balance cap?
The transfer cap refers to the amount of money that can be transferred from your superannuation account to your tax-free ‘retirement phase..
Business management styles you should avoid
The business management style you adopt will depend on the needs of your business, what motivates your employees, and your style of work. ..
Repairing errors in your credit score
Your credit score can affect loans and credit you apply for. You are able to have errors on your credit report fixed for free.
The followi..
Sudden lockdown in Victoria costs the economy
New COVID-19 cases resulted in Victoria going into a short lockdown. Although the lockdown itself wasn’t very long, the estimated damage t..
Records you need to keep on rental properties
When you own a rental property, keeping records is important. These will help you meet tax obligations. Generally, only individuals with t..
Choosing investment options in your super
Many Australians ignore the decision of choosing investments for their super and often end up in the ‘default’ option as they make no effo..
The amounts you don’t need to include as income
Amounts which are not classified as income are split into 3 categories.
Exempt income
This is income that you do not pay tax on, although,..
The types of benefits businesses should consider for their employees
n Australia-wide survey asked employees what benefits they would most want from their employers.
The following are the top 10 benefits:
- Fl..