June 2022 – Insights June has arrived and so has winter, as the financial year draws to a close. Now that the federal election is out of the way, it’s time to focus on planning for the future with more certainty. Cost of living pressures, inflation and interest...
It’s time to prepare for 30 June With the end of financial year fast approaching, now’s the time to make the most of opportunities to maximise super and tax benefits. Superannuation Contributions Concessional Contributions under age 75 The standard limit of...
Aged Care Costs – The 3 most common questions answered Aged care affordability – your questions answered How will my loved one pay for accommodation and ongoing care costs when entering care? It’s one of the most common questions we are asked, and the answer...
Tax offset v tax deduction: What’s the difference? This year’s Federal Budget was full of talk about one-off support for households in the form of tax offsets, but most people are a bit hazy on the difference between a tax offset and a tax deduction. Both can help...
Salary sacrifice to cut tax and boost your super This time of year, people’s thoughts start turning to their tax return, but it can also be a good time to set things up so you don’t pay more tax than required next financial year. Simply talking to your employer about...
