Find out if you’re entitled to the following tax offsets (rebates) and deductions for the year ended 30 June 2019.
Read why this year’s Federal Budget is an ‘election budget’ with future tax cuts for all Australians, especially low and middle income earners. Overall, there were minimal changes to super proposed in the Budget, with minor changes to super contributions for older Australians.
Redefining risk for income investors An equity-based investment fund that aims to deliver dependable income is likely to deviate significantly from the Australian share market index. It requires an active approach to manage a set of very different risks. For a typical return-seeking equity fund… Read More >>
Who are the winners and the losers? The Government has now passed law to give effect to changes to Centrelink’s asset testing from 1 January 2017. Changes to the asset test could mean certain Centrelink/ DVA clients, by virtue of their assets, will receive a… Read More >>
Changes to Centrelink Assets Test – January 2017 On 1 January 2017, there will be changes to the assets test the Department of Human Services use to calculate pensions. If you are in receipt of a pension, the rebalance of the assets test may affect your… Read More >>
Many people look forward to the opportunity to enjoy their retirement by travelling overseas. For some, it means they plan to live overseas on a permanent basis so they can take advantage of lower living costs while for others it may mean reuniting with relatives… Read More >>
Deeming of pensions extended to the Commonwealth Seniors Health Card (CSHC) from 1 January 2015. The CSHC provides valuable discounts on pharmaceuticals and other health benefits. It is available to those of age pension age (currently age 65 or 60 for veterans) who don’t receive… Read More >>