Streaming subscriptions, grocery shopping, click and collect. There’s so many ways now that your card or bank details can be used online to pay for goods and services. Those details may be stored by retailers, and the data that those retailers possess may be in danger of being breached. That’s an ongoing risk of being…
A relationship breakdown can be a messy, frustrating time fraught with plenty of paperwork. Did you know that your or your partner’s super could be affected? If you were to split up with your current partner, you may be able to file a legal claim for up to half your superannuation (under certain circumstances). In…
Your tax file number (TFN) is a critical piece of information in your possession and should be a constant companion throughout your life. However, there are times when a TFN is misplaced or forgotten. What are you supposed to do? If you forget your TFN or lose it, this can be a significant issue. A…
Employers must comply with the legal responsibilities outlined when dealing with an employee summoned for jury duty, or they could face penalties of up to $50,000. When an employee gets summoned for jury duty, it can stress the workplace as other staff take on extra work. As an employer, you’ll likely want to avoid the…
You’re likely aware that people can put money into their super until they reach 67 years and probably already do so yourself. But did you know you can put money into your underage children’s superannuation for them if they are under 18? Superannuation For Minors Some superannuation fund providers can have special accounts that can…
Starting a partnership may be a high-yielding decision whether you are in the business game or setting your sights on a new business venture. A partnership business structure is an incorporated business with 2-20 owners. The individual owners work together to achieve the business’s goals, sharing responsibility and profits. In a partnership, control or management…
As interest rates drop to historic lows, a growing number of homeowners today are considering refinancing their home loans. Refinancing is replacing your current loan with a newer one, or with a different lender, based on factors such as lower interest rates. These factors can bring down your monthly repayments and may even offer cashback…
Overcomplicating your marketing efforts to increase awareness and boost sales is a common trap. As the marketing industry continues to overcrowd and evolve with technology, businesses must look for ways to break through the noise and send their audiences a clear message. Here are three tips to simplify your marketing: Avoid Attempting To Master All…
Starting a new business is exciting, but it’s critical to structure your business correctly to maximise tax benefits. If you’re just getting started, you might want to consider registering as a sole trader, which is essentially an individual running a business. This means you are the sole owner of your business and have complete control and…
Every citizen in Australia is liable to lodge taxes. Whether you own a small business or are just a simple employee, you must lodge a small business tax return or an individual online tax return. A small business owner or an individual employee has tax reporting obligations, but taxes can be confusing as well as…