An ongoing debate every employer needs to be on top of.
How to work it out: employee or contractor
To check if your worker is an employee or contractor, you need to review the whole working arrangement. Read on ….
Financial Planning
Auditor flags knowledge gaps with loans and financial assistance amongst SMSFs.
Loans to members and financial assistance continues to be the most commonly reported type of contravention based on ATO statistics.
Countries with the highest GDP per capita between 1800-2040
check out 240 years of countries with the highest GDPs per capita
SMSFs cautioned on ‘strict conditions’ with SMSF lending
Where SMSFs are planning to lend money there are some important conditions to be aware of including who the money is lent to and the reason for the loan.
Downsizer age reduction now in force
With the eligibility age for downsizer contributions now age 55, the SMSF Association has highlighted some important considerations for younger clients looking to use the measure.
ATO raises alarm on asset protection scheme for SMSFs
The ATO is concerned about SMSFs entering into certain asset protection arrangements that involve a ‘Vestey Trust’.
2022 by the numbers
How did share markets around the world performed last year? And what investment lessons can we learn from 2022? Read on to find out.
Draft legislation released for franking credit changes
The government has released draft legislation on its measure to alter the tax treatment of off-market share buybacks.
Advisers warned on major timing traps with lifetime CGT cap
Planning ahead is critical for clients wanting to make super contributions under the lifetime CGT cap given some of the tight timeframes, CFS has cautioned.
Positive results from research into the value of financial advice.
A recent study shows that Australians who have an active relationship with a financial planner are not only better off financially than unadvised Australians – they also have a better quality of life.
