CPD: Super and tax – just the facts

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While superannuation is arguably the most tax-effective way to save for retirement, it’s not tax free. This article, proudly sponsored by Allianz Retire+, explores tax as it applies to your... Read more continue reading

Revised ATO deduction methods catch WFH taxpayers off-guard

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Employees working from home (WFH) need to familiarise themselves with new changes introduced by the Australian Taxation Office (ATO) on calculation methods for claiming tax deductions, according to HLB Mann... Read more continue reading

Survey shows older Australians fear new taxes on death, inheritance and the family home

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Household Capital, a leading Australian provider of home equity retirement funding, said today the results of its latest quarterly survey of older Australians showed 78% of retirees were concerned, or... Read more continue reading

ATO shoots itself in the foot: tax return must be signed by Administrator

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The ATO refuses to accept a tax return from an intestate deceased estate unless it is signed by the Administrator of the estate. But what if there is no Administrator?... Read more continue reading

Where does a company ‘reside’ for tax purposes?

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Australia levies tax on its residents. But how can a company ‘reside’ anywhere for tax purposes? And can a company ‘reside’ in Australia if its directors and or shareholders are... Read more continue reading

Top 5 EOFY tips for financial advisers

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With the end of the financial year just around the corner, top of mind for many financial advisers is the indexation of superannuation caps and thresholds, which includes an increase... Read more continue reading

Tax-managing a RAFI portfolio busts the ‘low turnover is tax efficient’ myth

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Superannuation funds moving to a rules-based equity management approach could improve their performance by more than half a percentage point a year by genuinely focusing on after-tax, not pre-tax, returns.... Read more continue reading

Tis the season to reconsider holiday home liabilities

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The fast-approaching Christmas holiday season is a good time for property investors to reassess their capital gains tax (CGT) obligations and associated cost base – and in particular, whether a... Read more continue reading

Franking credit opportunity before 30 June for share fund investors

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The end of this Financial Year presents savvy Australian share fund investors with the opportunity to top up their franking credits pool and reduce their tax bill. Franking credits collected... Read more continue reading

Tax refunds go begging and building wealth through super or gearing

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Australian taxpayers need to be preparing for the upcoming End of Financial Year period now if they are to maximise their tax planning strategies and receive an optimal tax refund... Read more continue reading