Month: August 2022
Largest natural gas produces by country from 1970-2021
See which country lead the worlds natural gas production at certain times in the last 50 years.
Preparing your kids for financial success
Teaching kids to establish sound money management skills and strong financial acumen is important, regardless of wealth level.
State and Federal Covid support — Aug 2022
The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage continued national hardships.
NALI ‘not going away anytime soon’
SMSF trustees have been urged to start reviewing any potential non-arm’s length expense issues with the outcome of any future government consultation still unclear at this stage.
Tax Office homing in property deductions, SMSFs warned
With property deductions a big focus for the ATO this tax time, SMSFs have been warned on some of the pitfalls in this area that can land them in trouble.
A trio of trip-wires businesses should avoid, says ATO
Wayward habits accentuated by the pandemic will be a compliance focus.
Documentation key in preventing ‘disappearing crypto’, SMSFs told
Thorough documentation can help mitigate the risk of crypto assets going missing in situations like divorce, says a specialist lawyer.
Should you be getting advice?
From navigating market volatility to superannuation legislation changes to determining the right asset allocation, here's how financial advice can help investors optimise their portfolios.
SMSFs warned on common mistakes with bare trusts
A specialist law firm has highlighted the importance of ensuring that the bare trust has been set up correctly where SMSFs are looking to borrow money.