by BKadmin | Nov 15, 2024 | Finance, Taxation
From 1 July 2024, the rules for accessing superannuation have been simplified, making age 60 the standard “preservation age” for accessing benefits. However, until age 65, some restrictions remain on how you can access these funds. Specifically, you must...
by BKadmin | Nov 15, 2024 | Finance, Taxation
What is the First Home Super Saver Scheme (FHSSS)? The First Home Super Saver Scheme (FHSSS) is a government initiative designed to help first-time homebuyers save for a home using their superannuation fund. It allows you to withdraw eligible voluntary super...
by BKadmin | Nov 15, 2024 | Finance, mortgage brokers, Taxation
Entering your 50s is a time for setting up a solid financial future and making crucial decisions about retirement. From reassessing lifestyle goals to optimising investments, superannuation, and estate planning, this guide covers the top financial considerations for...
by BKadmin | Oct 24, 2024 | Finance, mortgage brokers, Taxation
“…in this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin A popular, if grim saying, attributed to Mr Franklin, which...
by BKadmin | Aug 16, 2024 | Taxation
What does the Tax Office plan to pursue in the 2024–25 income year? The Australian Tax Office (ATO) has announced that debt collection and taxpayer performance will remain key focuses of its compliance agenda in the corporate plan 2024-25. In the tax office’s words,...
by BKadmin | May 15, 2024 | Taxation
The 2024 Federal Budget provides cost of living relief through 1 July tax cuts, lower power bills, higher welfare payments and support for small businesses. Note: These changes are proposals only and may or may not be made law. You should speak to your financial...
