Sole Traders – No Employees – Not Forgotten.
Can apply both business and individual support concessions.
The latest package from the government increases the previous Pay As You Go Withholding assistance to small business.
There are very limited circumstances when you can access your superannuation savings earlier than when you meet what the ATO calls a “condition of release” — which for most people generally means achieving a certain age and retiring.Read more
The First Home Super Saver (FHSS) scheme was introduced a couple of years ago with an aim to reduce pressure on housing affordability. The scheme allows eligible taxpayers to save money for their first home inside the superannuation system. The government says this concessionally taxed environment will help first home buyers save faster.Read more
Setting up your own SMSF has certain benefits in allowing you more control and flexibility but it is imperative that your fund grows and can provide for you in retirement. One way to help grow your retirement savings is to have an investment strategy.Read more
The super downsizer scheme started on 1 July 2018 and has allowed older Australians to sell their homes and contribute up to $300,000 of the proceeds from the sale into super.Read more