Making Superannuation Contributions
There are a number of ways to contribute money into superannuation, with different tax and benefit consequences. Contributions caps per person per year are: Deductible contributions under 50years old $25,000 per year and over 50years $50,000 (with balances under $500k). These are not eligible for government co-contribution. Non Deductible contributions are capped at $150k per year, however you can bring forward 2 years... Read more...
happy new year! what are your business resolutions?
Happy new year everyone! Did you come up with some new year business resolutions? Here’s ours 1 invest another 30mins a week on social media 2 increase sales by at least 20% 3 contact every existing client one more time per year than we did last year 4 help clients with another service during the year 5 review and implement sharper way to manage our clients money What are yours? Please share them with us and we... Read more...
Businesses – take a moment to review 2011, and plan for a great 2012!
Business Owners, what a year 2011 has been. Its time to reflect, celebrate! (for surviving at least), and plan for 2012 to be better! You need to take time to reflect and assess the 2011 year. How do you do this? With analysing your KPIS: Number of customers Sales Profit cashflow business owner remuneration. Then come up with a quick action plan of goals and items todo in 2012! Time management is key. Dale... Read more...
Salary Packaging for employees – a great way to accumulate wealth tax effectively!
Salary Packaging is for executives and managers only right? WRONG! All employees should be considering salary packaging as a great way to save tax contribute to super save quicker invest more accumulate wealth! Did you know that for as little as $240 a week you are maximising your superannuation savings, which could be invested in investments of you choosing, property, your ideal share portfolio? What can you salary... Read more...
rent your way to riches!
We’ve said it before and heres some more about it, you can rent your way to riches! Renting where you want to live in the short term is cheaper than paying a mortgage. Buying a property is a long term investment. So with lifestyle changing between single income, double income, kids, family, empty nesting, renting makes sense. So invest in assets that give you capital growth, income and best of all leverage to compound... Read more...