News

5 super tax saving strategies

Insights, News, Super, Tax
We’re approaching the end of the financial year and many Australians are scrambling for ways to pay less tax. Here are five tax-saving strategies that you can do with your super that will put more back in your pocket at tax time. 1. Salary sacrifice One of the simplest tax-saving strategies with super is salary sacrificing.  Arrange with your…

10 tax tips for getting extra cash this end of financial year

Insights, News, Super, Tax
The end of the financial year is almost here and many Australians are scrambling to find ways to reduce their tax. While we encourage taking a longer-term, strategic view on tax planning, there are a few quick tax tips for getting extra cash in your back pocket.  Here is a list of tax tips for getting…

Take advantage of the small window to save tax before the stage three tax cuts

Insights, News, Tax
Australia is gearing up for stage three tax cuts, promising relief for many taxpayers. However, amidst the anticipation, there’s an opportunity you won’t want to overlook. Currently, your tax deductions hold more value than they will next financial year. By acting now and leveraging your deductions strategically, you can unlock substantial tax savings. Let’s delve…

The differences between ETFs and LICs

ETF's, Insights, Investing, News
ETFs and LICs are two popular investment vehicles that provide access to diversification at a relatively low cost. However, there are significant differences between the two, particularly in terms of structure and management. In this post, we’ll explore the differences between ETFs and LICs to help you make informed investment decisions. Exchange traded funds ETFs (Exchange…

What is debt recycling and is it right for me?

Insights, Investing, News
Debt has long been a pressing issue for many Australians and has only become more apparent in recent years. With the high cost of living and sluggish wage growth, many people struggle to manage their finances and get ahead financially. As a result, more Australians are looking for alternative ways to get debt-free, such as…

Investment property tax deductions: What you need to know

Investing, News, Tax
More and more Australians are seeking investment properties to improve their financial position. Whether you’re an experienced property investor looking to maximise your returns or a newcomer to the world of property investing, understanding tax deductions is crucial for maximising financial outcomes. This blog will help provide you with an insight into investment property taxes and equip…

Understanding Capital Gains Tax

Investing, News, Tax
When selling assets and investments, ‘Capital Gains Tax’ or ‘CGT’ can seem like a daunting term. However, it’s one of those things that becomes less intimidating the more you get to know about it. Here we share what it is and how you can minimise your Capital Gains Tax liability. What is Capital Gains Tax?…

How can you buy property with your superannuation?

Budget, Insights, Investing, News, SMSF, Super
Self-managed super funds (SMSFs) remain a popular retirement funding option for Australians due to greater control and investment flexibility. Many SMSF members have also gone on to harness an SMSF’s full potential with property investment.  In this post we explore why you may want to use your super to buy property through an SMSF and…

The 3 main reasons you might be selected for an ATO audit

Insights, News, Tax
Each year, the ATO reveals what they will be targeting when it comes to tax returns.  But these aren’t the only reasons you may be selected for an audit.  The last thing anyone wants is to be audited, so what are some of the most common reasons you might be selected and how can you avoid…