In one of the more highly anticipated Federal Budgets, the Government announced major changes that could warrant a review of your financial plans. Note: The changes announced are proposals only and may or may not be made law. Summary A Temporary Budget Repair Levy of 2% will be payable on taxable incomes over $180,000 pa…
There’s something to be said for expert advice in an area that affects the lives of every single one of us – our finances. It’s natural to want to stay in control of your finances, but keeping up to date via the Financial Review simply doesn’t cut it when it comes to getting ahead and…
The end of financial year is almost here. With a little planning, you can increase your chances of a healthy tax return and start the new financial year in top financial shape. Here are three tips to get you started. 1. Focus on deductions Whether you’re an employee or a business owner, chances are you’re…
The key initiatives in this year’s Federal Budget include: • A Temporary Budget Repair Levy of 2% will be payable on taxable incomes over $180,000 pa for the next three financial years. • The levy will increase the Fringe Benefits Tax rate to 49% for three years, starting on 1 April 2015. • Changes to…