Monthly Archives: March 2016

2016 Partners Wrap Up

March 2016 Partners Wrap up

Chloe talks about crunching down before the May deadlines, what to watch out for and steps you should be taking for EOFY preparation.

Investment Property Capital vs Expenditure

Investment Property Capital vs Expenditure: What you can claim

When you buy an investment property, it’s assumed that all costs associated with the property will be a tax deduction, unfortunately, this is not always true.

An expense is deductible when it is incurred and to the extent that it relates to producing assessable income. Some of these expenses may include:

  • Advertising for tenants
  • Cleaning
  • Insurance
  • Utilities &
What are data feeds and how do they work

What are data feeds and how do they work?

Data feeds are something that you have most likely heard us talk about for quite some time. These third party authorities have a huge impact on how we look after you and your fund and the level of accuracy and efficiency we can deliver.

Probably the most important misconception is that when you sign a third party authority form,

SMSF compliance and regulations changes are coming 1 July 2016

SMSF compliance and regulations changes are coming 1 July 2016

Whilst there haven’t been any major tax reforms within Super for quite some time, the landscape has definitely shifted in terms of compliance and issues surrounding advice.

So what changes are coming into effect this year?

 

  1. Abolishment of the Accountants Exemption

This is probably one of the biggest changes to disrupt the financial services industry.