,

Tax rates for deceased estates

The tax rates that apply to income a deceased estate declares depend on the period of time after the person's death. First three income years For the first three income years, the deceased estate income is taxed at individual income tax…
,

Trust distributions from a discretionary trust

Trust distributions from a discretionary trust Distributions from trusts and the taxation of those distributions is complex. This is an attempt to simplify the topic. The purpose of a trust is to separate the legal and beneficial ownership…

Not ready to retire? This might be another option.

The word “retirement” conjures up many images. While most baby boomers might be dreaming of more time on the golf course or booking a cruise, you might be thinking about buying a business. Crazy? Maybe not. If you’re close to reaching…
,

Superannuation and retirement - How much is enough

How much is enough? How big is your nest egg? When it comes to super, size does count. Your employer's super contributions may not be enough if you want to be financially secure when you retire. Find out approximately how much money…
Election
, ,

WHAT THE ELECTION OUTCOME MEANS FOR YOU...

The federal election is done and dusted, and the Coalition Government has been given another three years in power. How will this outcome affect Australians’ finances? What will change – and what won’t – when it comes to policies affecting people’s money? Can we expect any surprises?