At the Self Managed Super Fund Association (formerly SPAA) National Conference, held in Melbourne recently, the Australian Tax Office confirmed that they are taking a new approach when an Auditor Contravention Report (ACR) is lodged for an SMSF.

This strategy aims to increase the tax free component of a superannuation sum by withdrawing the taxable component, then re- contributing this amount back into the fund

We keep hearing about debt and what needs to be cut. Recently retirement options have again been under the microscope. The sustainability of the age pension is questioned.

Budgeting is perhaps one of the most basic and the most effective tools for managing your money, whether it's your personal finances or your business cashflow.

If you are claiming a deduction for your vehicles using the log book method you must have a compliant log book.

In all instances borrowers are able to save significantly through loan consolidation.

There are lenders available in the market who will lend at rates over 1% cheaper than the standard home loan rates offered by the majority of the big four lenders.

history has shown the investors who can't be disciplined, put aside market movements and media headlines, will inevitably suffer lower than market returns.

The Whitlam government reforms started an age of entitlement, with huge spending increases on the big ticket social policy items such as education and health

Warren Buffet, the billionaire investor with the Midas touch, has a message for Main street share investors. 

On March 12 of this year, a new comprehensive credit reporting system (CCR) came into effect in Australia, and it will change the way lenders assess risks when taking new clients.

If you are buying or selling property it is important that you consult a professional about any possible GST implications

While many clients are reluctant to incur the costs of having us review their nine months trading figures, we have found that in some instances, the incurring of a few extra hundred dollars in accounting fees can save many tens of thousands of dollars in year-end tax results.

Confused about the tax deadline of your company car?

How long could you last if you lost your job, or worse, couldn't work at all?

There are definite financial benefits involved with managing your own Superannuation.

The contribution caps for concessional (before tax) and non-concessional (after tax) contributions to super have increased for the 2014/15 year, as a result of indexation. 

Where motor vehicle expenses are being claimed, one method supporting a claim to the Tax Office is to complete a log book.