Transfer to SMSF – Purchase in Individual Names (not an Entity) to Transfer to your SMSF (Commercial Premises)
Your Entity Needs to Be Registered FIRST before signing a Contract to Purchase a Property Unfortunately, if you purchase your property in the incorrect structure, it can be very expensive to change later. Your entity (like a Trust, Company or Super Fund) needs to exist BEFORE you sign a contract to purchase a property. […]
Recommendation: Consider/ Obtain Private Health Insurance to avoid Medicare Levy Surcharge
There are a number of government review sites to help you obtain great prices and services. I note Iselect is also a private health comparison site but they accept commissions and I had an absolutely terrible personal situation with Iselect – that I was told false information and then Serious Dental was not on my […]
Employee Shares paid into Discretionary Trust – Reducing Future Capital Gains
ESS Interests & Employee Shares paid into Discretionary Trust If your employer allows, your employee shares/options could be directly paid into a discretionary trust that we set up for you (or that you provide). Our method of setting up a discretionary trust saves $500 in New South Wales Stamp Duty – so we recommend you […]
Getting your Tax Done (and preparing for next year)
Obligations for Employers and Business Owners
Employment Contract Meet National Employment Standards STP Finalise
Tax Planning for Individuals
Marginal Tax rates What type of year is this? Is this a small year, a normal year or a big year? Small Year Normal Year Big Year Do you have a spouse? Types of Income Employment Income – can’t be changed Interest/Dividend Income Managed Fund Income Sole Trader/Business […]