tax

The 4 Cycles of the Great Depression

Submitted by Financial Adviser on Sun, 09/30/2012 - 10:53

Hole-istic Budget: Aussie Company tax payments down almost 40%

Submitted by Financial Adviser on Thu, 09/13/2012 - 18:21

The soft company tax revenue suggests the shortfall will be worse than indicated by monthly Finance Department figures and means the 2011-12 budget deficit is increasingly likely to rise from a forecast.

Since the beginning of the Global Financial Crisis (GFC), tax receipts have fallen significantly. The tax to GDP ratio fell 4.2 percentage points to 20.1 per cent in 2010-11, compared to the all-time peak of 24.2 per cent under the former government in 2004-05 and 2005-06 (see Chart 2).

Insurance Bonds: A Tax Effective Supplement to Super?

Submitted by Financial Adviser on Thu, 06/21/2012 - 17:26

Insurance bonds were a commonly used savings tool during the 1970s and 1980s as they were one of the most tax-advantaged investments available in the market. This changed from the early 1990s with the development of an even more tax-advantaged savings vehicle in the form of superannuation which along with the introduction of the compulsory superannuation guarantee, led to a decline in the popularity of insurance bonds.

Japan Looks to Double Sales Tax

Submitted by Financial Adviser on Thu, 06/21/2012 - 14:14

A sharp reminder of excess super contributions

Submitted by Financial Adviser on Fri, 06/08/2012 - 16:01

Perhaps the sharpest reminder that superannuation fund members can get about the risks of making excess super contributions is to receive an excess benefits tax assessment relating to an earlier financial year.

As this financial year draws towards a close, the tax office is sending out notices of possible excess contributions for 2010-11. In such cases, an assessment for excess contributions tax could well follow – depending upon the circumstances.

Tax Pits Lance Armstrong Versus Tobacco Industry

Submitted by Financial Adviser on Tue, 06/05/2012 - 18:18

Tax-effective share investing

Submitted by Financial Adviser on Sat, 06/02/2012 - 15:17

Individual investors, SMSFs and large public-offer superannuation funds appear to have a growing awareness of the impact that tax can have on their total returns.

The cover story in the May issue of Superfunds magazine reports that more large super funds are requiring their external fund managers to place greater emphasis on the efficient tax management of Australian share portfolios.

Tax time brings investors lots to think about

Submitted by Financial Adviser on Sat, 06/02/2012 - 15:08

Investors should all have a sign displayed prominently over their desks, stating clearly something along the lines of “Tax Considerations Should Never Drive Investment Decisions,” but there is a flipside to that, which is that tax is something of which investors should always be mindful.

Tax minimisation – as opposed to tax evasion, of course – is a perfectly legitimate goal when structuring your financial affairs.

Smart superannuation strategies

Submitted by Financial Adviser on Wed, 04/04/2012 - 17:54

Despite the frequent legislative changes made to superannuation, it remains the retirement savings vehicle of choice for the majority of Australians, with a number of effective strategies that advisers can recommend to clients who are seeking to maximise their retirement savings. However, advisers need to be aware of the ongoing viability and appropriateness of these superannuation strategies and also question whether other avenues of investment for retirement savings would be more suitable for their clients’ individual circumstances and financial objectives.

Australian Tax rates and tax rates in NZ

Submitted by Financial Adviser on Fri, 01/13/2012 - 16:39

Many clients ask about Australian tax, tax rates in NZ, Australian Taxation Office (ATO), ATO Tax Rates, tax tables and tax calculator s. To learn more about tax rates and financial planning opportunities book your first FREE financial meeting today.

You may also wish to download TaxMate, our Australian Tax Calculator for Blackberry.

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