Federal Budget 2021: What it means for you The Federal Treasurer, Josh Frydenberg MP, delivered his third Federal Budget on Tuesday 11 May 2021. The Budget papers include a number of measures that may impact you, especially in the superannuation area. It is important...
Should we pay the accommodation amount as a RAD or a DAP? It is common for our clients to ask us if they should pay the accommodation amount as a Refundable Accommodation Deposit (RAD) or Daily Accommodation Payment (DAP) when a loved one enters care. Often, the...
Here’s to a happy, healthy, long life! One of the things that we all have in common as living beings is our finite lifespan and our awareness of this also contributes to motivating us to make each and every moment count.Yet while many of us don’t want to reflect...
Salary packaging – worth the sacrifice The principle of ‘salary sacrificing’ may not sound very appealing. After all, who in their right mind would voluntarily give up their hard-earned cash. But it can have real financial benefits for some in terms of reducing...
SMSF member limit to rise While it’s not yet in force, the limit on SMSF member numbers is set to increase from the current four to six members later this year. For some SMSFs, this will be a welcome change and will mean additional family members can join their...
