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Are you ready for Tax Time 2021?

Don’t jump the gun and lodge too early Tax time 2021 is almost here and Qauntiphy will be ready to start lodging personal tax returns from the second week in July. Many people on reduced incomes or who have increased deductions may be eager to lodge their income tax returns early to get their hands...

Does your small business qualify for NSW relief grants?

The NSW government has announced grants of between $5,000 and $10,000 for small businesses, payroll tax deferrals for all employers and an extension of the Dine & Discover program as the state battles to contain the latest COVID-19 outbreak. The NSW government is offering small businesses support grants to help alleviate cash flow constraints while...

5 Reasons why it’s a good time to refinance

Are you feeling more stressed about finances? Do you have more free time? Are recent interest rate cuts making you wonder whether your rate is still competitive? The world seems to have gone a little crazy lately but it may mean that it’s time to pay less on your home loan. To all those doing it...

The Market is hot… boiling hot BUT how long can it last?

Over the past year, few predictions relating to the property market have proven true. As the pandemic impacted on Australian wages, many commentators predicted a crash of epic proportions.But the crash never came. Instead, house prices skyrocketed. And they look to keep rising—at least for now, thanks to record low interest rates and strong Government...

Smart Superannuation strategies for this EOFY

Want all want to help boost our retirement savings while potentially saving on tax – but what are the best means to achieve the maximum outcomes? Here are five smart super strategies to consider before the end of the financial year. Add to your super – and claim a tax deduction If you contribute some...

Last Minute 2021 End-of-Financial-Year Tax Planning Tips

With yet another financial year about to end, it’s time to start getting everything in order for the 2021 End-of-Financial-Year. It’s easy to push your EOFY tax planning aside, especially when our focus is still on COVID, but you don’t want to miss the opportunities that EOFY tax planning can present. There’s still plenty of time...

2021 Federal Budget Summary

On Tuesday night (May 11th 2021) the Federal Treasurer, the Hon. Josh Frydenberg MP, delivered the 2021 Federal Budget. We have now reviewed all aspects of the Budget and our analysis summarises what it may mean for you and/or your business and superannuation fund. On the personal taxation front, the proposed changes include an extension...

Experts predict that rates will rise sooner than expected

House prices could jump 17% in 2021 and mortgage rates are set to rise much sooner than expected, ANZ Bank has tipped. How much earlier than expected? Well, the Reserve Bank has repeatedly said the official cash rate isn’t likely to increase for a few years, but ANZ senior economist Felicity Emmett believes fixed-mortgage rates have already...

What would the axing of Stamp-Duty mean for you?

The NSW government is seeking public consultation over an overhaul of stamp duty in NSW which would see home buyers spared from having to fork out tens of thousands of dollars under a new government plan. State Treasurer Dominic Perrottet announced as part of the budget that the government wants to replace stamp duty with...

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