Renting out a spare room can be a great way to earn some extra cash, particularly with the help of Airbnb and similar online services. However, it’s easy to overlook... read more →
If you are a sole trader or a partner in a small business that has made a loss, please read the following carefully. Small business owners can only claim losses... read more →
Australian businesses with an annual turnover of more than $75,000 must be registered for GST. Charging an extra 10 per cent on top of services sounds simple, yet a number... read more →
Many people may be able to save time and money on their tax return by gaining a better understanding of the Capital Gains Tax rules. It is widely known that... read more →
The Australian Tax Office (ATO) is constantly committing more resources to checking tax returns and using modern technology to help nab offenders. So be prepared – the tax office is... read more →
Superannuation can be one of the most baffling topics when it comes to managing our finances so let’s relate looking for the right fund to something that might be more... read more →
Managed funds are one of the most common ways people can invest their money. Many large superannuation funds will use managed funds as a way to access the skills of... read more →
The Australian Tax Office is collecting data from financial institutions and online selling sites as part of their data matching programs for credit and debit cards and online selling. The... read more →
Capital losses Selling poor performing assets may enable you to bring forward a tax loss that can be offset against any capital gains made throughout the financial year. Write-off bad... read more →
This article lists 9 sound tips that act as a good reminder for our readers in managing their money and encourages them to contact us if they need professional advice... read more →