Finance

Attention all car owners! You must declare what you share 4th October 2018

Do you earn income through car sharing platforms? If you do, it is important to include the income – no matter how little – in your tax return. It’s no different to anyone else renting out an asset, like a house or a car park. You must declare the income and you cannot avoid tax by calling it a hobby....

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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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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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Finance Update: April 2018 26th April 2018

As you know, when it comes to paying insurance premiums, many insurance companies expect a lump sum payment, which may impact on a business's cash flow. Whether it’s for general business insurance, professional indemnity, Workers Compensation or many others, Kelly+Partners Finance may be able to assist in funding the Insurance Premiums....

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