July 2018: Retired and asset rich but cash poor? The pension loans scheme may help

Not every retiree has heard of the government’s Pension Loan Scheme, but it’s about time more people did. And with Tax Time now upon us, we run over some tips for your tax return.

An integrity measure that businesses need to keep a close eye on, called Division 7A, is given the once over, as are the possible deductions available for insurance premiums, and we also provide a brush-up on partnerships in the form of a quick quiz.

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Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.