The process of claiming an Age Pension can be complicated and daunting. There is a very lengthy claim form, asking a series of questions which needs to be completed and then depending on your circumstances, you may need to complete Read more…
What do Bill Gates, Warren Buffet, Sting and Nigella Lawson have in common apart from wealth? This mismatched bunch is part of a vanguard of rich parents who have vowed not to leave multi-million-dollar legacies to their children. While some Read more…
One of the attractions of superannuation is the fact that super funds are very favourably taxed. If we invest money in our personal name, any investment earnings are taxable in our hands. Our personal tax rate will dictate the actual Read more…
Keep your household finances in the positive and reap the rewards. As the prices of petrol, groceries, school fees, electricity and water all creep upward, families are under increasing pressure just to make ends meet. So how can families cover Read more…
As we get closer to Christmas, our thoughts turn to shopping for the holidays. As a modern and technologically advanced society, a large percentage of our Christmas shopping will be done online – depending if we start early and allow Read more…
Credit seems to be everywhere. Visit the local shopping centre and we will be enticed by interest-free terms on a new lounge, bed, TV, or white goods. More and more shops are offering access to ‘Afterpay’, and of course, credit Read more…
Get in Shape This Financial Year There’s no better time to take a step back and review your finances. In this article, Russell Investments’ experts share five tips to get you in great shape this financial year. 1) ORGANISE YOUR Read more…
If you buy an asset by 30 June and it costs less than $20,000, you can write off the business portion in your 2018 tax return. You are eligible to use simplified depreciation rules and claim an immediate deduction for the business Read more…
Earnt interest from a bank account you may have totally forgot about? Missed or forgotten income is an easy mistake to make, especially if you earnt it way back at the start of the financial year. Make sure you consider all of Read more…
As we approach the time to look at 2018 returns it is worthwhile looking at the Commissioner of Taxation’s Annual Report which was released by the Australian Taxation Office (ATO) for the previous year. A few key themes were evident in the report Read more…