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Accountant Balcatta

Want a Self-Managed Super Fund?

Here’s part 1 of a 3 part series on what you need to know…

Self-managed super funds (SMSFs) are often a topic for discussion when there’s an asset boom like there is right now. Everyone feels like an investment hero when the tide is rising but you need to keep your wits about you, and SMSFs are no exception.

3 reasons credit cards suck and what to do about it

I’m not going to lie to you, I hate credit cards with a passion!

When the average interest rate for a home loan is sitting at a paltry 2.5%, credit card providers are still charging 20%. Yes, SERIOUSLY 20%!

Pandemic DAY TRADING surges …but don’t give away your profits to the tax man!

The share market has risen 35% in the past 12 months so anyone who’s owned shares has enjoyed the meteoric rise.  The volatility in the market has brought out the day traders in droves.

Too many traders don’t consider the tax effects of their actions whilst at the same time bragging about the gross returns.  But those returns can be heavily impacted by the frictional costs of transactions and taxes.

Would you drive your car blindfolded?

How long would you last before you crashed whilst driving blindfolded? The answer is obviously not long. Even if you knew the road and drove it every day you’d still crash within a short distance.

Yet hundreds of thousands of small business owners run their business’s exactly like that because they have no optics on their financials. No optics, no direction, no destination!

It’s time to sex up superannuation!

International Women’s Day on Monday highlighted the 30% difference in retirement savings between men and women. But let’s try to even things up…

7 motor vehicle expenses to save you thousands of dollars in tax!

As house prices rise on the back of ridiculously low interest rates, the next area of growth will be ‘new car sales’ as home-owners feel wealthier and splash out.

Booming property, flatter shares and cash is no longer king!

You may have noticed that the share market has taken a breather in the past few days and property continues to rise.

Want to own property with your super?

Here’s five ‘must knows’ to owning property in super

Property price boom raises questions for investors

As we start to get used to double digit price growth in housing markets around Australia, it raises some questions for property investors about maximising deductions and minimising taxes. What better time to get yourself organised than at the beginning of the year and get yourself sorted with the right advice. Three of the most […]

3 Reasons 2021 will be a huge year of growth

We all want to forget 2020 but it’s hanging on like a piece of gum stuck to your foot. But the good news is that 2021 is looking fantastic and I want to share with you my three reasons why 2021 is looking so good and how to best position yourself for the sling-shot recovery […]