Receiving an inheritance is always welcome, but people often forget the tax man will take a keen interest in their good fortune. When ownership of an asset is transferred, it triggers a capital gain or loss with potential tax implications.…
With house prices rising and well-located land becoming scarce in cities, many Australians are looking for creative ways to tap into the value of their own backyard. Some subdivide, while others take the knock-down and rebuild route. But like most…
Marketing campaigns, agent commission, taxes... there's a lot to consider when it comes to the cost of selling your home. We've laid out the main expenses for you, so you can stay on track, and on budget. Marketing costs…
Paying off your mortgage early will save you money and take a financial load off your shoulders. Here are some ways to get rid of your mortgage debt faster. Switch to fortnightly payments If you're currently paying monthly, consider switching…
If you think your employer isn’t paying your super contributions, follow the steps below: Am I entitled to super? – you should confirm that you're entitled to super before taking any further steps. Go to ATO online via myGov to view…
Small business owners can often fall into old habits at tax time, without considering some of the less obvious or most recent ATO tax deductions available. Make sure you claim absolutely everything you’re entitled to and minimise tax for the…
“State’s Largest Manufacturer Sheds 1,500 Jobs!” “Telco posts $3bn profit!” Ever wonder why those sorts of headlines sound so shocking? It’s because many people – those who don’t manage money for a living – can’t personally relate. Many simply do…
Most taxpayers aim to make the most of their available tax deductions, but how many of us give much thought to maximising our tax refund when it arrives? The average tax refund in 2016 was $2300i, enough to make a…
Many of us make paying off our mortgage a priority. It’s the new Australian dream. But before making that last home loan repayment, use our checklist to make sure you’re prepared. Your end-of-mortgage checklist Reassess your home insurance. Review your title.…
Investing the time, effort and the necessary expenses to maintain peak mental and physical health is one of the most significant investments you will ever make. And the good news is, any steps you take now, start to pay immediate…