Blog

Money Doesn’t Come Without Guidance ...

Blog Image
24
May

TIPS TO AVOID EXCEEDING THE CONCESSIONAL CONTRIBUTIONS CAP

No one wants to pay more tax than required, especially when it is due to unintentional mistakes that could have simply been avoided. This can happen when it comes to making superannuation contribution...

Read More

Blog Image
24
May

DEDUCTIONS FOR IT PROFESSIONALS

As an IT Professional in Australia, you may able to claim some of the expenses during the completion of your tax return, which are directly related to your earning source. These deductions are the amo...

Read More

Blog Image
24
May

WHY SHOULD YOU CARE ABOUT THE TIMING OF THE CONTRIBUTIONS?

Concessional Super Contributions are employer contributions (before tax) to super including compulsory employer contributions & salary sacrifice. At the begging of every financial year, Australian tax...

Read More

Blog Image
24
May

TAX OFFSET FOR SUPER CONTRIBUTIONS ON BEHALF OF YOUR SPOUSE FROM 1 JULY 2017

In the 2016-17 Federal budget the government announced that from 1st July 2017, the threshold for the low-income spouse superannuation tax offset will be increased from $10,000 to $37,000. A taxpayer...

Read More

Blog Image
24
May

HOW DOES REDUCTION OF CONCESSIONAL (PRE-TAX) CONTRIBUTIONS CAP AFFECT YOU?

Concessional (pre-tax) contributions refer to any contribution into taxpayer’s super fund. These contributions include employer contributions as well as personal contributions claimed as a tax deduc...

Read More