by Affinity | Jan 7, 2015 | Latest News
Changes to superannuation law over the years have prompted more and more individuals to consider purchasing investments using a SMSF. Although the appeal is an easy one to appreciate from a tax perspective because of the lower 15% tax rate, tax should not be the only...
by Affinity | Jan 7, 2015 | Latest News
SMSF trustees should be cautious about investing in residential property in the current market, particularly those in pension mode or where the members are likely to be drawing a pension from their fund within the next few years. Residential property investment,...
by Affinity | Jul 2, 2014 | Latest News
In the May Budget, the government stated it will introduce legislation to ensure that inadvertent breaches of the non-concessional contributions cap, that are reversed, will not incur a penalty. For any excess contributions made after 1 July 2013 that breach...
by Affinity | Jul 2, 2014 | Latest News
Insuring your car, home or other possessions makes sense. So why do so few of us insure ourselves? If illness or injury stopped you from working for an extended period, could you keep paying your bills? Personal risk insurance gives you peace of mind that if the...
by Affinity | Jul 2, 2014 | Latest News
When the time comes to help a loved one into an aged care facility, it can be confusing and emotionally challenging for everyone involved. You know you want the best care, but the practical issues also need to be considered. Is the preferred aged care facility...
by Affinity | Jul 2, 2014 | Latest News
In recent years, there has been an increasing tendency for home owners to use an existing home as a rental property, especially where a new home has been purchased. In these situations, it is common for taxpayers to undertake repairs and maintenance to their...