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Time To Apply For A Director ID Number
Time to Apply for a Director ID Number is now. Be Aware, Time is Running Out - 30th November 2022 is fast approaching! Director Identification Number As part of its Digital Business Plan, The Australian Government announced the full implementation of the Modernising...
10 Tips To Avoid Rental Property Tax Mistakes
As we are preparing many income tax returns for FY 2022, we would like to highlight 10 tips to avoid rental property tax mistakes. Avoiding these 10 common mistakes will save you time and money. 1. Apportioning expenses and income for co-owned properties. If you own a...
Can You Live on The Age Pension?
It's important to know how much savings you have when retiring. Do you need to Budget? Can You Live on The Age Pension?As of August 2022, the full rate of the age pension for a single person, including all supplements, is $25,677.60 a year. Single people (with no...
SMSF Investing in Crypto Assets
There has been a recent uptick in using and buying crypto assets and using it as an investment for their SMSF. Here is our all you need to know guide.While SMSF’s are not prohibited from investing in crypto assets, the investment must: be allowed under the fund’s...
SMSF – Dealing with a death of a member
When a self-managed super fund (SMSF) member dies, the SMSF generally pays a death benefit to a dependant or other beneficiary of the deceased. This should be done as soon as possible after the member's death. If the recipient is a dependant of the deceased, the death...
Does Your Business Need A Restart?
We have all gone through a horrid time over the past 2 and half years. As such reviewing where your business is, you may need to restart it. Here are some tips to understand if your business need a restart? Let's Review When reviewing what has happened & what has...
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