Investing on behalf of a child can help with the child’s future. But before investing money for a child, it is important to understand who will be responsible for paying tax on the investment income and what tax rates might apply.
There are several themes facing Australian investors in 2019, in this article we have summarised 5 of the most important and topical for the year ahead.
Your self-managed super fund (SMSF) needs to be set up correctly so that it's eligible for tax concessions, can receive contributions, and is as easy as possible to administer.
Small business owners who sell business assets may be eligible to contribute the proceeds into superannuation to help fund their retirement. To be eligible to use the CGT cap, you must first be eligible for a small business CGT tax concession.
Employment termination payments that meet the definition of ‘genuine redundancy’ are entitled to concessional tax treatment. This article gives you some detail on redundancy payments.
A plan by the federal opposition to axe cash refunds for franking credits has met intense criticism, particularly among those with self-managed super funds.
Superannuation is a savings vehicle designed to help you save for retirement. Superannuation funds that comply with Australian law receive generous tax concessions which provide an incentive for you to save for your own retirement.
