by admin | Oct 16, 2023 | Blog, General
Have you ever wondered what happens to superannuation in a situation where someone claims bankruptcy?Bankruptcy is a legal process that can be commenced when you are declared unable to pay your debts. It is a process that can release you from most debts, provide...
by admin | Oct 9, 2023 | Blog, General
In Australia, any income earned by a job may be considered taxable income. Those who receive their income via the sharing economy are no exception to the rule.In fact, there can be further complications that result from incorrect understandings of how the income tax...
by admin | Sep 28, 2023 | Blog, General
When estate planning, most people focus on what will happen to their family and their assets after they pass, often neglecting to consider what would happen if they were to become ill or incapacitated. Falling ill can be a very stressful and traumatic time for you and...
by admin | Sep 20, 2023 | Blog, General
A Self-Managed Super Fund (SMSF) is a unique and increasingly popular retirement savings vehicle in Australia.SMSFs offer individuals and families greater control, flexibility, and investment choices than traditional superannuation funds.In this article, we’ll explore...
by admin | Sep 16, 2023 | Blog, Business, General
Feel like your business is stuck in a rut? Unable to solve a problem that you know is going to cost you in the long run? Struggling to navigate your way through a difficult time?It might not be financially tanking, and it might not be that your revenue stream is down;...
by admin | Sep 10, 2023 | Blog, General
Just like how individuals and businesses have to complete tax returns when it’s tax season, so too do trusts. Trusts have their own tax file number (TFN) that should be used to complete tax returns. Trusts can also apply for an Australian business number (ABN) on the...