Multi-Disciplinary Advice for Business Owners: Five Important Financial Planning Considerations
If you are a business owner or are planning to transition from employee to employer in mining and resources, then this article is for you.
If you are a business owner or are planning to transition from employee to employer in mining and resources, then this article is for you.
For absent property investors living overseas and investing in property back home in Australia, there is significant risk of paying too much for properties that can fail to live up to their purchase price or longer-term return on investment.
It’s common for business owners to pay everyone else and reinvest profits back into their business before paying themselves a regular wage AND superannuation. It’s important to understand that short changing yourself can have significant consequences for your future prosperity as well as significant CGT implications should you decide to sell your business.
Are you currently living and working in another country or could your job take you overseas in the near future? If you are an executive, professional or business owner in mining and resources who is spending 12 months or more living an expatriate life, this series of articles is for you. Over the next four weeks,…
While it’s common to downsize the family home when you retire, thanks to legislative changes that came into effect on 1 July 2018, downsizing to supersize your retirement savings has taken on a whole new meaning. The ‘downsizer measure’ could enable you to boost your retirement savings by up to $300,000 each using proceeds from…
If you want the best financial outcome for your family and loved ones in the event of your death, you need to plan ahead. Your assets, superannuation and potential insurance benefits could add up to a significant inheritance for your beneficiaries, but without advice, you could leave unwanted tax complications for the ones you love.
When it comes to planning for your financial well being, my rule of thumb is to do what you can as early as you can. However the question is, do you get rid of debt or do you take advantage of super’s tax-efficient savings environment?
It’s 6pm and you’ve got a quick question for your financial adviser but at this time of day, all you can do is email to arrange an appointment. Imagine a scenario where you don’t have to schedule a meeting or wait for your next financial review. Instead, you simply speak your question into a phone…
How to understand the after-tax value of executive share scheme holdings is a common challenge for the mining and resources executives I meet.
Financial planning that aims to build the current and future wealth and prosperity of the whole family must encompass the needs of everyone: children, parents, and grandparents. When financial planning is considered an intergenerational family obligation that spans all generations – young to old – then the whole family can not only gain wealth but…