Preservation age changed Once you reach your preservation age, and permanently retire from the workforce, you can access your superannuation. You can also access a limited amount of your super while you are still employed via a transition to retirement pension. If you did not… Read More >>
Archives for July 2015
Charitable foundations Australians are known for their generous spirit of giving. In 2012-13, Australians donated approximately $4 billion(1) to charity, and an increasing number of Australians are creating long-term giving structures. If philanthropy is a priority for you during your lifetime, rather than making a… Read More >>
OBT feature business Nat’s No Nonsense Plumbing, Toogoolawah Nat and Nina Granzien’s plumbing business in Toogoolawah started in 2002 as many small family businesses do – initiated by an enthusiastic husband and wife team operating on a micro scale. Gaining a great reputation for residential… Read More >>
The 2015/16 Budget introduced a number of generous concessions for small businesses, with tax relief being the single most significant business benefit item in this Budget. We look at the specific concessions relevant to each business category.