Financial Planning

Business meeting group fist bump
Testing your weaknesses for a stronger business The past 12 months have proven that in business as in life, there will always be factors out of our control. That’s why it’s important to put measures in place to manage the factors that you are in control of. Read more
Package
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 your taxable income, which could see you pay less at tax time. Read more
woman doing yoga
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. Read more
Paper doll, increase of people
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 existing fund. Read more
Tax man
Why good records are the best defence when the tax man knocks As the Australian Taxation Office (ATO) turns its attention to businesses and individuals who have used COVID-related support programs, many taxpayers are likely to find themselves on the tax man’s radar. Read more