by LBWCA | Mar 12, 2016 | Accounting & Tax, Business
Salary packaging (also known as salary sacrificing) can help boost your superannuation savings and may reduce the amount of tax you pay as well. To encourage Australians to save more for their retirement, superannuation has a concessional rate of tax. Contributions...
by LBWCA | Mar 5, 2016 | Individual Tax Returns, Personal Wealth
Here are some quick tips for you to consider after you reach 30 June , when you have time to breath and consider how your business is going: 1) Do a financial health check of your business (balance sheet review)2) Revisit your strategic plan3) Draw up a budget for the...
by LBWCA | Feb 20, 2016 | Personal Wealth, SMSF
This is a reminder for everyone to check prior to 30 June 2016: Concessional Contribution – Check that you haven’t breached the $30,000 employer contributions limit (or $35,000 if you are over 50 years) if you have been salary sacrificing into super. If you do...
by LBWCA | Feb 9, 2016 | Financial Planning, Knowledge Centre
The decision to buy a property, improve it by adding a house or units and sell them is a risky decision at best. The time taken to source, buy, build and put them on the market can often exceed 2 years. 24 months is a long time in any market to be subject to the...
by LBWCA | Feb 9, 2016 | Financial Planning, Personal Wealth
Simon Flowers With 30 June just days away, here are some quick tips to consider: 1) Defer income and bring forward expenses2) If a small business consider any asset purchases below $20,0003) Write off all bad debts that you won’t recover4) Write off any...
Recent Comments