Should I Get Health Insurance To Save Me Tax?
Another question I get quite often at this time of the year is, “should I get Health Insurance to save me tax?” The answer depends on your income.
How to Get The Most Out of Tax Time
Tax time doesn’t have to be overwhelming; there are a few key things you can do to get the best out of your tax return.
When Is The Best Time To Update Your Software?
As June 30 looms closer, business owners and managers are thinking about how to get the most out of the 2019 Financial year, before it ends. What about setting yourself up for 2020? What vehicle is going to support your company as you move to the next level?
The Country At a Cross Road
On 18 May, we get the opportunity to elect a new Parliament. The choice is between a Coalition that has governed as a minority and been wracked with factional warfare and leadership instability, and a Labor opposition that has pledged a massive tax and spend agenda. Along with this agenda they put out heroic and uncosted emissions reduction policies that will result in a multi-billion-dollar transfer of wealth offshore as large companies buy carbon credits, which will enrich a few insiders at a massive cost to the economy and employment with little to no impact on the climate.
Changes to Insurance in Superannuation
On 1 July 2019, new laws, ‘Protecting Your Super’ come into effect. The intentions of the changes is to prevent balances being eroded by unnecessary fees and insurance premiums.
A Budget Tale
It is only a week since the Federal Budget was tabled, but it seems like an eternity. Already important matters going to the heart of our economic prosperity have been pushed aside amid puerile debates over how long it takes to charge your electric vehicle. If you must charge at home because charging stations are non-existent, your meter will be spinning like a top and the grid will be so unstable that your neighbour cannot use his toaster. Tech billionaires are chiming in to “say it ain’t so”.
Another budget has been released and the Treasurer has announced relatively minor changes to our current tax regime. A small pre-election sweetener in the following form:
The Credit Crunch of 2019 – Why Is It That Bad?
Historically when credit growth slows, it is because the economy is tanking. The last time this happened in a serious way was in 1991.
Tax Planning Recommendations
‘Tax time’ is an often dreaded phrase bringing with it an uncomfortable feeling or some teenager-inspired eye rolling. But with some forward thinking and pre-planning, you could have yourself feeling confident, organised and ready to tackle the tax man, figuratively speaking of course.