Many employers offer salary packaging to attract and retain employees with additional benefits. If it’s done well it can be good for both the employer and the employee. The employer benefits from being able to attract top quality candidates; the employee benefits from a lower tax liability.…
Nobody wants to attract unwanted scrutiny from the ATO. Tax audits can be stressful and potentially costly. They are also increasingly well targeted, now that the ATO’s data matching capabilities are making it easier to pick up discrepancies. The best way to avoid an audit is to know how to stay out of trouble in the first place.…
A smartphone buzzes in your pocket. Ten tabs sit stagnant in your browser. Unopened emails, newsfeeds and gifs all claw for your attention. This is the plague of distraction. And in our efforts to always be ‘on’ our actual productivity is waning. So how can we be more efficient in a society that demands us to do ten things at once? The answer is simple. Reduce the noise and focus.…
When you are young, healthy and just starting your working life the last thing on your mind is life insurance. In your 20s and 30s your financial focus is more likely to be on saving for a car, holidays, a home or the birth of a child. But failing to protect the lifestyle you are creating could have a devastating financial effect.…
With new personal and small business tax cuts taking effect from 1 July, key developments in the tax arena have turned to smaller, less headline grabbing issues.…
With 86% of Australians saying they don’t know what they spent last month, it’s fair to say we aren’t great budgeters.i But in many cases, the problem isn’t writing a budget per se so much as it is sticking to it over the long term. The good news is with a few simple tricks you could change your spending habits for good and start realising your dreams sooner.…
You will have probably heard the expression ‘cash flow is king’ and there is no better time than the start of a new financial year to commit to smarter cash flow management in your business.…
Trauma insurance is the middle child of the personal insurance family. It’s overshadowed by its better-known siblings but it’s a quiet achiever that will do the heavy lifting when the circumstances require it.…