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The dawn of a new year sees many people setting new year’s resolutions such as losing some weight or giving up smoking.
The ATO is watching out for taxpayers attempting to avoid or evade tax on their foreign assessable income by disguising amounts as gifts or loans from a related overseas entity. This increased ATO attention has come about with the proposed changes..
Investing in property seems to be part of every Australian’s DNA. Given the significant growth in property prices in Australia, clients are now looking at using their super to invest in property via a Self Managed Superannuation Fund.
Directors are now required to register for a unique identification number that they will keep for life.
Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. When you die, it does not automatically form part of your estate but instead, is paid to your eligible beneficiaries by the fund trustee..
A State-by-State breakdown of how COVID-19 support will roll back as states and territories reach vaccination targets.
It’s a sad but unavoidable fact: one day we are all going to die. You will most likely have clear ideas about how you would like your hard-earned wealth – your ‘estate’ – to be divided amongst your loved ones or other beneficiaries. However, estate..
New legislation will help prevent superannuation assets from being hidden during divorce proceedings.
Australia is currently on track to fully vaccinate the eligible population of 20.62 million adults in December 2021.
In December 2020, Reserve Bank of Australia (RBA) Governor, Philip Lowe, issued a statement that the official cash rate is likely to remain at 0.1% until 2024, the lowest cash rate in Australian history. With a cash rate of almost zero for the next..
