Knowledge Centre

End of the financial year – is your SMSF ready? 28th June 2018

With the end of the financial year fast approaching, now is the perfect time to ensure everything is in place for your SMSF before 30 June. The following are some superannuation strategies that you might want to know more about to get the best out of your SMSF....

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Airbnb And Home Sharing: Taxing Implications 28th June 2018

first into the sharing economy by driving Ubers or listing their properties on Airbnb and other home sharing sites. Renting out a part of your home or your whole home while you're on holidays seems like a great way to make some extra money now, but if you go down this route what about the tax implications for you now and in the future?...

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4 Federal Budget tax measures that impact your business 28th June 2018

Small and medium-sized businesses received a bit of attention from the Government in this year’s 2018-19 Budget....

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Kelly+Partners Private Wealth Update: June 2018 28th June 2018

Some of the key issues we are considering as we look into the next financial year are as follows: Will global growth momentum be sustained? Can geopolitical tensions derail the economic expansion? What absolute level of long-term interest rate becomes an impediment to equity prices continuing to rise? Will oil prices sustain the rally seen over the past year? ...

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Kelly+Partners Finance Update 25th May 2018

In the May meeting, the Reserve Bank of Australia decided to once again leave the official cash rate unchanged at 1.5 per cent with the last rate move back in August 2016. With a combination of retail deflation and continued weak wages growth still impacting economic growth, the Reserve Bank has signalled that we can expect to see rates stay where they are for the time being. They have indicated however that it expects the next rate move to be an increase and is concerned about the potential shock that this may cause the economy....

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Accumulate and educate: using investment bonds to save for children's education 25th May 2018

The cost of raising children has increased significantly over recent years with an average high-income family’s estimated spending on education per child in the major capital cities now $550,827. Both primary and secondary education costs increased enormously, with preschool and primary education almost doubling in cost and secondary education more than doubling in cost over the previous 5 years....

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Small business $20,000 instant asset write-off extended 25th May 2018

The $20,000 instant asset write-off is being extended for another 12 months for businesses with an aggregated turnover of less than $10 million so that it will now expire on 30 June 2019....

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The Budget sweetener: lowering personal taxes 25th May 2018

Low and middle-income earners have emerged as the winners from the Budget. The Government unveiled their 7-year 3-phase plan, focusing on reducing the tax burden on individual taxpayers from 1 July 2018....

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Australian Federal Budget Review 2018: SMSF & Superannuation Edition 25th May 2018

An SMSF friendly budget is the good news coming out of the 2018-19 Federal Budget. Friendly only in that there were no major changes to superannuation....

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Australian Federal Budget Review 2018 8th May 2018

In the run-up to the Federal Budget, two things were expected, a budget that responsibly delivered tax cuts and also a budget that delivered ‘meaningful’ tax reform....

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