Arnold & Finlay Blog
Superannuation will become an important source of your income on retirement. That's one reason why it is a good idea to add to super while you are working. Of course, the benefit now is tax savings. Read more…
Aviation Support
JobKeeper finishes on 28 March, and is unlikely to be extended. The just-announced 800,000 subsidised air tickets for use in Australia is meant to help the travel industry now, until international travel is available (Alan Joyce of Qantas says October?). Read more…
With the end of financial year approaching quickly, NOW is the time to consider the actions you can take before 30 June 2021 to reduce your tax and also grow your wealth. Read more…
Last year, the ATO paused its debt recovery, audit and lodgement activity at the height of the Covid-19 concerns. Read more…
The downsizer contribution can be used to build up the balance in superannuation. Read more…
The tax withholding tables have now been updated, and reflect the personal tax cuts announced in the 2020 federal budget. Read more…
Whether JobKeeper will cease or continue for you after September it is important that you take similar steps to avoid a possible crisis when the support stops. Read more…
When I look around I see leaders who are not looking far enough into the future. We have all now gained experience of fairly chaotic times and so thinking needs to be directed beyond 'I hope things get better' to 'What if things are this way for another year (or two)?'. Read more…
It's not (unfortunately), but there are rules and boundaries, a biased umpire (in the ATO), and a time limit (30 June) when the game ends. Read more…
DON'T MAKE A BIG MISTAKE!
Did you make some resolutions for 2020, way back on 31 December? No doubt profit and cash and getting ahead were in there. Then, along comes The Virus and now you might as well just give up. Read more…