by Affinity | Jun 29, 2015 | Latest News
Directors need to be able to read and understand financial accounts. If you’re having any difficulty in understanding financial accounts for an organisation of which you’re on a Board or Committee, please don’t hesitate to contact us for a review...
by Affinity | Jun 29, 2015 | Latest News
The low 15% superannuation tax rate and the prospect of being able to derive significant property gains for retirement purposes are key drivers for why you may want to involve a SMSF in a property development. It is possible to involve a SMSF in a property...
by Affinity | Mar 26, 2015 | Latest News
Admitting new members When a new member joins an existing fund that person must either become an individual trustee, or become a director of the company trustee. It is much easier to appoint a person as the director of a company than it is to make the person an...
by Affinity | Mar 26, 2015 | Latest News
The social security deeming rates* will be lowered from 20 March 2015 as follows: The ‘lower deeming rate’ will decrease from 2% to 1.75% for financial investments up to $48,000 for single pensioners and allowees, $79,600 for pensioner couples and $39,800 for each...
by Affinity | Mar 26, 2015 | Latest News
The ATO has reminded taxpayers who want to claim family assistance payments for the 2014 financial year that they must lodge a claim with the Department of Human Services (Centrelink) by 30 June 2015 to be eligible. This deadline applies to taxpayers who intend to...
by Affinity | Jan 7, 2015 | Latest News
For many people, the breakdown of a spousal relationship is devastating not only emotionally, but also financially, as assets are divided and property settlements are negotiated. Even in circumstances where the split is amicable, many couples have difficulty coming to...
