Blog
What is it that drives us?
A question often asked by numerous people of successful business owners, is what is it inside of them that drives them? What is it that continually makes them get up in the morning and perform at their best each day for 12 + hours? What is it that drives them through adversity? Quite simply, the...
Proposed changes to Superannuation
The following is a summary of the announced changes to superannuation 1. Changes to the tax exemption for earnings on superannuation assets supporting income streams From 1 July 2014, earnings on assets supporting income streams above $100,000 per year will be taxed at a rate of 15 per cent. This is in contrast to the...
Motor vehicle data matching program
The ATO has embarked on a “data matching” program where they will collect details of individuals or businesses that have acquired a vehicle with a transaction value of $10,000 or greater in the 2011-2012 and the 2012-2013 financial years from motor vehicle registries in all States and Territories. The ATO will then electronically match that...
The current economy and why we should be taking advantage of it.
What we are currently seeing in the market is very exciting considering the past years. So how do we take advantage and get in before it is too late? You will notice that most investors are too cautious and wait to buy in when the market has taken off. To be a great investor it...
5 common tax mistakes
At school we were taught mistake are ok as long as we learnt from them. I somehow think the Tax Office doesn’t agrees with this statement. Get on the wrong side of the ATO and you can experience the wrath of powers to be. If you are like the norm and don’t like paying the...
