Tax Effective

7 Reasons why you should have a corporate trustee vs individual trustees for a self managed super fu

One of the most commonly asked questions we’re asked when clients are setting up self managed super fund is whether they should have a corporate (company) trustee or individual trustees as the trustee/s of their self managed super fund. Before we answer... Read >

What are Your Responsibilities as a Self managed Super Trustee?

The decision to become a trustee of a self managed super fund (SMSF) should not be taken lightly. As a trustee, the responsibility of running the fund and complying with the law rests solely with you. As a trustee of a SMSF, you must act in accordance... Read >

What You Need to Know About Setting Up a Self-Managed Super Fund (SMSF)

Setting up a self-managed super fund (SMSF) is a major financial decision. Therefore it’s important that you understand what it means to set up and manage an SMSF. What is a SMSF? Let’s start right at the beginning, what is super? Super is a way of ... Read >

Giving to Charity: Understanding the Tax Benefits

Accountants will tell you that one of the quickest and easiest ways to reduce your tax bill is to make a charitable donation. This is a great way to help your favourite cause and lower your tax bill at the same time. In fact, every gift of more than $2 to... Read >

Employee Benefits Explained

Whether you’ve just started a new business or you’re simply an employee in a new job trying to understand employee benefits and how they relate to your tax obligations, this post is designed to answer some of the questions you might have and clear up exac... Read >