COMING SOON - FINANCIAL KNOWLEDGE CENTRE

Our comprehensive online resource enables our clients to explore at their own pace. The features of our Financial Knowledge Centre currently include learning modules, articles, videos, life events, quizzes, jargon busters, financial calculators and downloads. 

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Belinda Frazer
DIRECTION OF FUTURE TAX REFORM

To be fiscally responsible, a government needs to have enough resources to service its debt obligations. One of the main sources a government uses to service its debts is tax revenue. A recent report by the Parliamentary Budget Office examined broad trends within the Commonwealth tax system and identified a number of risks to the sustainability of tax revenue in the coming decade.

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Belinda Frazer
TAXABLE SMSF ASSETS DOUBLE: IS YOUR FUND AFFECTED?

New research has shown the transfer balance cap and reduction of tax concessions for transition to retirement pensions have achieved their policy outcome and made more SMSF assets taxable. This may be considered bad news for the SMSF sector, however, one ray of sunshine to emerge from the research is the policies’ unintentional outcome of improving gender imbalance in SMSF assets and balances. Find out whether your SMSF has been affected and how strategies could be implemented minimise the impact.

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IT FOLLOWS: HIGHER EDUCATION DEBTS

Horror movie monsters have nothing on the higher education debts which will follow you to the ends of the earth. If you go overseas and you have a higher education debt under the Higher Education Loan program (HELP), Trade Support Loan (TSL) or the Higher Education Contribution Scheme (HECS), you are liable to repay those debts if you earn worldwide income over a certain threshold. This applies to all higher education debts regardless of when they were incurred.

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Belinda Frazer
COMPENSATION FROM THE ATO

With all the media attention around the ATO’s alleged rough treatment of the small business segment. Many of these small business owners may think that they have a case for compensation from the ATO for everything that they have been through. Although is getting compensation from the ATO even possible? The answer it turns out is yes, but it is very limited in scope.

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Belinda Frazer