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Is It Hard To Get Finance In An SMSF For Share Or Property Purchase?
Is It Hard To Get Finance In An SMSF For Share Or Property Purchase?
I don't think the bank is going to lend you for a share purchase (margin lending in Super). But, you can under certain rules, fund a share purchase with outside of Super money.
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How To Get Your Business Ready for After JobKeeper
How To Get Your Business Ready for After JobKeeper
For some businesses, the end of JobKeeper 1.0 might have been 27 October 2020. But if you are eligible for JobKeeper 2.0 going forward, then your endpoint for JobKeeper is potentially from January 2021 onwards or from April 2021 onwards.
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Can I contribute more money to my SMSF than my $25,000 annual contribution?
Can I contribute more money to my SMSF than my $25,000 annual contribution?
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When Does It Make Sense To Set Up An SMSF?
When Does It Make Sense To Set Up An SMSF?
The most common question I get when someone's exploring self-managed super is, when does it make sense to set one up?
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Grow Your Wealth In A Legal Tax
Grow Your Wealth In A Legal Tax "Haven"
Tax Free Capital Gains Tax or CGT Let's say you run a business and you want to buy the premises. The premises is worth $1,000,000. You're 40 years old. You might fund that mostly from the bank, around $600,000, $700,000 and the rest from your SMSF....
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FBT Red Tape Reduction Explained
FBT Red Tape Reduction Explained
FBT is a bit of a pain to deal with if your business provides benefits to employees, that are not tax deductible in general.
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Which Employees Are Eligible For the JobMaker Hiring Credit?
Which Employees Are Eligible For the JobMaker Hiring Credit?
Eligibility Criteria:
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What You Need To Know About The JobMaker Hiring Credit
What You Need To Know About The JobMaker Hiring Credit
This is pretty exciting. Like JobKeeper, it needs your business and employees to be eligible.
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The Small Business Pool Write Off
The Small Business Pool Write Off
Another announcement is the ability to deduct your pool. Now, I don't mean actually going and building a pool in your backyard. But under the simplified depreciation rules that are allowable for small businesses, you can actually deduct your closing...
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Changes To The Immediate Asset Write Off
Changes To The Immediate Asset Write Off
This applies to assets such as cars, laptops, computers, machinery - assets that you purchase in your business, but under normal rules, you can't write off as soon as you buy them such as consumables. You actually have to write them off over a...
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