When is the right time to sell your business? Here are some factors business owners should consider… IRRESPECTIVE of when they plan to sell.
As accountants, we like our clients to think ahead… even on a 3 to 10-year timeframe. A major part of this is Succession Planning. Where Succession Planning is concerned, clarity brings opportunity… and the risks of “getting it wrong” can be significant.
Read why Peter Switzer says, If I want to get fit, I hang out with fit people. If I want to learn to play golf, paying a golfing pro for lessons would make sense. If I want to grow wealth, investing in guidance from a specialist seems sensible.”
Thoughts for the year ahead There are a huge number of tax laws that may change this year as a result of the upcoming 2019 Federal Election. Individuals could be affected by: Losing franking credit refunds to their Self-Managed Super Funds and to themselves Paying… Read More >>
Australians are living longer than ever before. So it’s important to be financially ready for retirement – and the changes to your lifestyle along the way. While it’s great that we’re living longer, it means we need to be better prepared financially for our later… Read More >>
Since the global financial crisis, central banks across the globe have kept interest rates at historically low levels in an attempt to stimulate economic growth. While lower interest repayments have been beneficial to borrowers, the paltry returns available on holdings in low risk cash and fixed income… Read More >>
As a small business owner it is important to have a retirement plan in place well before deciding to retire. This is because, in most cases, your major asset is your business. Planning ahead will ensure you have sufficient funds to maintain your lifestyle in… Read More >>
Like other super funds, SMSFs are a way of saving for your retirement. Generally, the main difference between an SMSF and other types of funds is that members of an SMSF are the trustees. This means the trustees of the SMSF run it for their… Read More >>
Nine months have passed since the May 2014 Federal Budget. The Coalition Government’s budget reforms are moving slowly ahead, albeit with a number of compromises and modifications. Many changes are still outstanding while some reforms have been abandoned altogether as they had no chance of getting through the Senate…. 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 >>