Get More from Your 2013/14 Tax Return Part One
With the end of the financial year fast approaching, individuals and businesses are once again faced with the task of completing their tax return – something many of us approach with a mixture of hope and dread. To reduce hassle and ensure your tax return is maximised, it’s advisable to seek the assistance of an […]
What is a Financial Planner?
A Financial Planner is a professional that helps individuals plan their finances. In a broader sense, you could look at the elements of expertise that may be needed to help with the process of financial planning – taxation, cash flow and budgeting, asset allocation, investment analysis, asset protection, wealth management – the list goes on. […]
Financial planning – Why Establish An SMSF
A Self Managed Super Fund (SMSF) is a great alternative retirement savings vehicle. Super is an excellent way to save money for your retirement because of a number of reasons. The following are some of the benefits of an SMSF:- Get Control and Flexibility As an SMSF member, you can choose where your retirement savings […]
Super Funds management – Why advice is always better
Self Managed Super Funds (SMSFs) are known for their inherent complexities that make even the most experienced investors in Australia shy away from them. A survey of high net worth investors conducted by Hall & Partners Open Mind exclusively for The Australian’s Wealth Intelligence Series revealed that only 21% of the 202 respondents were in […]
Personal finance – 9 things you’re probably not doing but should
Financial freedom is a dream shared by many. There are priceless tips on how to be financially independent. The following are some of the financial planning tips that you will find useful in 2014: Pay Yourself First By this I mean set aside a portion of your earnings every time you get paid or achieve […]
Financial planning – Investing with Exchange Traded Funds (ETFs)
Exchange traded funds (ETFs) allow you to reap low cost investment returns similar to those of a share index or other underlying assets. However, you should note that some ETFs are more complex and risky than others. We shall take a look at ETFs more closely in this article. What Are ETFs? ETFs are a […]
How will financial advice build your wealth?
• Simplify your budget • build savings and investments • increase your super • protect your family • minimise bad debt • reduce tax • grow your personal wealth A strong financial adviser will help you identify smart ways to grow your wealth and achieve your aspirations. An adviser will work with you to understand your financial goals, […]
Taxation planning – Capital Gains Tax
Most people accept that one of the realities of life is paying taxes. In Australia, you’re paying taxes before you get home from the delivery suite at the hospital. Mum and dad driving you home? That’s tax on the fuel that you’re burning. Nice cozy onesie? Yup, tax on that too! The most obvious tax […]
Personal finance DIY – 6 Ways to Kick Start Your Financial Year
As the new financial year is under way – it’s time to look at your finances and maybe even make a few of those new (financial) year resolutions. Here is our pick of the best 6 ideas to get you kick started: Increase your mortgage payments. Just a little bit extra in each mortgage repayment […]
Taxation planning – End of Year Tax Tips Part 4
This is our last week of end of financial year tax tips. With the end of financial year just about upon us, make sure you review all our tips to make sure that you make the most of the cut off. Remember, come 1st July, you can’t go back and change anything that you forgot […]