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Being ‘financially free’ is a common starting point for a person’s financial goals but as the referenced article shows, what this actually means when we dig deeper depends on a person’s age, gender and state of residence on top of dozens of factors based on personal situations.
Read MoreDo you rent out a part of your home, or a holiday home, on Airbnb, Stayz or another sharing site? Perhaps you see this as a way of making a little extra income to help the household budget or to save for that holiday. But what you may not be aware of are the long term tax implications of such a move, which may lead to a case of short-term gain causing long-term pain.
Read MoreAre you ready for e-Audits? The ATO is finally moving with the times and have started conducting e-Audits using computer assisted verification techniques. This process is said to be more efficient, accurate and thorough than traditional audits with the advantage of also minimising the time ATO spends on your business premises.
Read MoreEven with talk of bubbles bursting and budget-time reforms, property remains a popular choice for investors. And an investment property can bring more savings at tax time through property depreciation deductions than many people – particularly new investors – realise.
Read MoreWith the upcoming tax season upon us, scammers are prevalent again. We are sharing tips to protect yourself (and your friends and family) from scammers. Taxpayers need to be ever-vigilant about bogus calls, text messages and emails from scammers. Some scammers go to great lengths to deceive taxpayers, including impersonating government representatives on the phone, sending fraudulent emails and even creating fake websites.
Read MoreImagine always having spare income to add to your investment so that your money is constantly working harder for you? According to Simple Savings’ Jackie Gower, it’s not a pipe dream with these common sense tips for cutting expenses.
Read MoreRetirement tends to roll around a lot sooner than we expect. Laying plans from an early stage will ensure you enjoy the best retirement possible.
Read MoreFinancial discussions during divorce tend to focus on dividing assets and cash, but managing your insurance is an area which can make a big difference for you and your family.
Read MoreBT Financial Group Investment Specialist Riccardo Briganti brings you our latest market update on both local and international markets, from overseas tensions to the RBA cash rate.
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