With a new financial year kicked off in Australia it is not too late to plan for the year ahead if you’ve not done so already. Here are my suggestions to make FY22 a great year. (Re)articulate your values Get clear on your mission Get clear on your vision Have a...
Financial Services
Financial advice including wealth creation, insurance and lending services
Westpac And Saasu Announce Exciting Partnership
by Marc Lehmann | Apr 30, 2015 | Financial Services, Latest News
Westpac and Saasu announced today their exciting partnership in this press release. For the last few months, our teams have been designing a partnership to further support our customers with their business aspirations. “This partnership is the start of an exciting...
Superannuation Continues to Develop – Do You?
by TaxBanter | Apr 23, 2015 | Featured Articles, Financial Services
The SMSF sector has continued to develop and change over the past 12 months. Important developments occurring over this time include the reforms to non-concessional contributions tax, and clarification of a number of important issues around the tax treatment of...
Why Establish a SMSF, is it only for tax benefits?
by David Saul | Apr 23, 2015 | Featured Articles, Financial Services, Latest News
The other day, in response to a blog of mine, I received an email from an accountant; he said “I think the sole purpose of a SMSF is to minimize tax. There would not be SMSF’s, if there were no tax advantages”. That got me asking, what is the rationale for...
Linking sound debtor management to improved cash flow
by Quickfee | Apr 23, 2015 | Featured Articles, Financial Services, Latest News
For most jobs, billing on completion will have a positive impact on cash flow because: The client can see that the invoice relates to the job presented; and The value can generally be reconciled to the job when both are presented at the same time. Compare that to the...
Galloping into 2015: A review of audit activity claims
by Accountancy Insurance | Apr 23, 2015 | Financial Services, Latest News
Considering 2014 was the year of the horse according to the Chinese zodiac, the Australian Taxation Office and the other revenue and collection agencies around Australia seemed to have backed 2014 to be a big winner for them. A summary review of last year’s claims...
The Way Forward With SMSFs
by Dale Crosby | Apr 8, 2015 | Financial Services
The FOFA reforms that will apply from 1st July 2016 provide new opportunities, and challenges, for both accountants and financial advisers seeking to develop their SMSF advisory platform. The new limited AFS License will allow accountants and advisers to provide...