Cash flow is incredibly important to all businesses and cash flow dictates what a business can and cannot do. One of the businesses largest cash outflows is to the ATO […]
Now that we are through another Federal Election and we can all let out a collective sigh of relief knowing that we can still obtain a refund of unused franking credits either personally or through our […]
The Federal Budget handed down last night by the Treasurer Josh Frydenberg has generally been agreed to be a responsible Budget[…]
2018 has certainly gone by so fast and here we find ourselves at the tail end of what was quite a busy year for the team at B & W Additions[…]
Early planning can take away a lot of the stress and uncertainty that can arise when considering aged care at home or a residential aged care facility, for yourself or perhaps for your parents / grand-parents.
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People aged 65 or over may be eligible to make additional super contributions of up to $300,000 per person from the proceeds of the sale of their home from 1 July 2018. These are known as ‘downsizer contributions’ and they can be made on top of the existing contribution caps, without having to meet certain contribution rules and restrictions.
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“Don’t sail out farther than you can row back.” This Danish saying is sound advice, and can also apply to anyone thinking of borrowing to buy a home.
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The Government announced personal tax cuts in the Federal Budget together with a number of integrity measures. Tax cuts will phase in over 7 years and will culminate in the reduction of tax brackets from 5 to 4[…]
The Federal Budget did not deliver much to businesses other than the extension of the immediate asset write off for eligible assets of up to $20,000 for small businesses. Much of the focus was on integrity measures to protect the revenue base[…]