Wealth Management

Welcome to This Month’s Edition! We’re excited to bring you a new edition filled with key updates and expert insights to help you stay informed and empowered. This month, we’re covering some of the latest financial and tax topics that could impact your planning and decision-making. Let’s dive in! Please contact us for clarification, or […]

Welcome to a New Edition Full of Fresh Financial Insights! As we transition into a new season, it’s the perfect time to review your financial plans, make informed decisions, and secure your future. In this month’s edition, we’re diving into key topics that could change the way you think about superannuation, business structures, and more.

This month’s edition of our client newsletter includes an article on who is a spouse under the tax laws and why it matters. Whether you have a spouse or not can impact your individual tax assessment as your spouse’s income can impact your eligibility for certain tax rebates and offsets. Although it may sound simple

This month’s edition of our client newsletter includes an article on the importance of “tax residency”. Whether you are a tax resident of Australia or not can have significant consequences for you so if you find yourself in any such circumstances (eg, you undertake a foreign posting for a period or you decide to move

This month’s edition of our client newsletter includes an article on the extra 15% “Division 293 tax” which applies to high income earners who have income and concessional superannuation contributions exceeding $250,000 in 2023/24. The article explains how the extra tax works and how you can pay for it if you’re liable. This is followed

This month’s edition of our client newsletter includes an article on the importance of making your superannuation last in retirement. Superannuation is often a key source of income when you retire so it’s important to ensure your investment strategy makes your retirement savings last for as long as possible. This is followed by an item

The Federal Budget, handed down on Tuesday 14 May, contained a number of tax, superannuation, tax administration and social security/cost of living proposals that may impact your clients (and their businesses) in relation to the following matters: Instant asset write-off CGT and foreign residents The training and energy efficiency boosts ATO discretion to offset old

This month’s edition of our client newsletter includes an article on being aware of a partial capital gains tax (CGT) liability that may apply to you if you sell your main residence. This is followed by an item that explains why you should be wary of timing when making superannuation contributions this financial year. You

This month’s edition of our newsletter sets out six different strategies for boosting your superannuation nest egg while potentially saving on tax. This is followed by an item that explains what happens to your tax status on leaving Australia to live or work somewhere else in the world. You might be surprised to learn how

Our client newsletter features a run down on what taxpayers can do to maximise the benefits of the Stage 3 tax cuts that have recently been passed by Parliament. It explores some options for shifting taxable income from this year (2023-24) to the next (2024-25) by bringing forward deductions or deferring income. While the potential