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Practical Steps for JobKeeper 2.0 - to do before end of this month
If you are already part of JobKeeper 2.0, you don’t need to re-enrol for the December 2020 extension and March 2021 extension.
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What's the difference between a salary and a drawing?
The difference between the two is basically the way that you take money out of your business structure.
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Why Property Development In Super Is So Attractive
It's hard to get access to bank money to fund projects especially when you've got no experience at property development.
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Important Details About The 20-hour Test For Employees
In terms of the 20-hour test, we actually look back to February, 2020 - just before COVID made things a bit weird in the world. Tier one is for employees who have worked on average 20+ hours per week. Tier two is for employees who have worked below...
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Save Money With These Super Fund Strategies
If you've got excess money outside of super that you don't need to live on, you could invest that outside of super such as property, shares or, you can put it into super and invest it through your super fund.
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Are JobKeeper Contributions masking concerning statistics in your business
I was on a recent webinar, with Employment Law Specialist, Danny King (Danny King Legal) She spoke about the concerning statistics JobKeeper could be masking for your business.
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Why You Need Separate Bank Accounts For Your Personal And Business Finance
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The Easy Way To Save $500 Every Month
I'll share a personal story from Stevie and I about coffee.
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What You Need To Consider When Setting Up A Family Trust
Number one is you. Our magic number is about $90,000 in how much we want to cap out at giving you. The reason is because the tax rate goes from 34.5% to 39%. We're better off sending money to a bucket company after the $90,000 mark. However, we...
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Do you have a seperate account for irregular bills to prevent financial strain?
Let's say, if you don't account for it, you've got two car rego's and they all come in the same week, you're probably not going to have enough money to pay that if you're following the system in your living expenses account.
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