As the financial year draws to an end, there is still time to talk to your tax adviser about minimizing your tax bill for 2020/21. As a way of reminding you, we thought we would spend some time looking at who pays tax in Australia – and how much they earn before doing so!
In years gone by, Federal Budget night could be relied on to pretty much re-write the rules on all things superannuation. Not so these days, with this year’s changes almost able to sneak past without anyone noticing.
As we said last week, the secret to good cooking is getting your preparation right. This week, we look at the issue of non-concessional super contributions and how you can aim to optimise this part of your super before June 30.
The secret to good cooking is getting your preparation right. Making sure you have everything you need before you get started let’s you relax and enjoy the process. The same goes for your super – so now is the time to prepare yourself and avoid a rush before June 30.
This Sunday marks a pivotal date in Australia’s journey out of the ‘economic troubles caused by Coronavirus. The Commonwealth Government’s main economic response to the pandemic, it’s ‘Jobkeeper’ payment, will not continue beyond March the 28th. If the end of the program affects you, please get in touch.