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Australian Federal Budget 2021-22

The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn),...
Superannuation concessional contributions to increase

Superannuation concessional contributions to increase

Good News for those looking to get more into their Superannuation Fund With the announcement of the Average Weekly Ordinary Time Earnings (AWOTE) figure for the December 2020 quarter, superannuation contribution caps are set to increase from 1 July 2021 for the first...

1 July 2014 Federal Budget Recap

Individuals Temporary Budget Repair Levy. Adds 2% to the tax rate for every dollar of a taxpayer’s annual taxable income over $180,000 Increase in the Medicare Levy from 1.5% to 2% Superannuation Guarantee charge increases from 9.25% to 9.5%. Aged care reforms...

Tax Planning Starts Now

There’s four key things that all business owners MUST consider RIGHT NOW. Two of them are brilliant wealth creation ideas. Please read on! 30 June is only 8 weeks away so we need to make the most of the time we have for tax planning. Too often, we end up suffering...

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