Making the most of home office deductions
Making the most of home office deductions Working flexible hours at home or running your small business from the spare room are becoming increasingly popular options for Australians. In August 2015, the Australian Bureau of Statistics estimated around 3.5 million of us were working from home, 59 per cent as employees and another 24 per cent as owner-managers of unincorporated enterprises.i Although […]
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New year, new you: How to create a financial safety net in 2017
New year, new you: How to create a financial safety net in 2017 New Year is traditionally the season of fresh starts and personal resolutions. Along with diet and exercise, getting ahead financially makes it onto many wish lists year in and year out. But a brighter financial future is likely to remain a pipedream without a back-up if things don’t go to plan. While setting goals is […]
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Become the Chief Financial Officer of your household
Become the Chief Financial Officer of your household “State’s Largest Manufacture Sheds 1,500 Jobs!” “Telco posts $3bn profit!” Ever wonder why those sorts of headlines sound so shocking? It’s because many people – those who don’t manage money for a living – can’t personally relate. Many simply do not think of managing their households like businesses. The truth is, you’re the de facto […]
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Changes to Superannuation limits & saving for retirement
Changes to Superannuation limits & saving for retirement Australians are constantly being told they are not saving enough for their retirement. The argument goes that unless you have enough saved in superannuation you will be forced to rely on the Age Pension. But this is not the whole story. Super is undoubtedly the most tax-effective vehicle for retirement savings, despite constant government tinkering […]
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Declare what you share
Declare what you share With living costs rising every day, many people are keen to earn some income on the side using the flexible opportunities created by the new sharing economy. Digital platforms like ride-sourcing app Uber, or Airtasker for odd jobs and deliveries, are making it easier than ever for buyers and sellers to connect. Remember it’s income, […]
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