Next week marks the start of winter and also the last month of what has surely been the most bizarre financial year in history. June 30 is a deadline for a whole range of things, so in this article we want to remind you of some of them. As the weather has gotten colder, why not make yourself a nice warm drink and read on.
This week we thought we would change tack a little. As we all continue in a version of lock down and with Easter now behind us, most schools have reverted to home learning. So, we thought we would provide a little lesson in basic financial management ourselves. If you or someone you know is home-schooling someone, you might like to use this as a lesson. If not, you can always enjoy the lesson for yourself.
At some stage, most of us will be asked to lend money to family or friends. Usually, we are only too happy to help. After all, what are family and friends for if not to help each other out. That said, mixing money and relationships can be problematic. In this article, we discuss various ways to minimise the risk of the loan going wrong and a relationship suffering.
when you start investing is often more important than how much you start investing with.
There are just a few more sleeps until the end of the financial year. Have you got your house in order? Our experience is that most people leave things to the last minute. But the last minute can still be useful if you use it to get things done. So, don’t despair. Read on.
This article is a must-read for any business owner thinking about travel. Claiming a tax deduction for travel costs can make a huge difference to the effective cost of that travel. The Australian Taxation Office’s general position is that the cost of travel is tax deductible to the extent that the travel relates to the business' purpose of deriving assessable income from an existing business activity. A business can't claim costs for travel related to speculative business activities that you have not yet entered. But travel that relates to work that your business is already doing will usually be fine.