Posts tagged " individuals "

Federal Budget Individuals

The 2020 – 2021 Federal Budget – Individuals: What is in it for you?

October 7th, 2020 Posted by Businesses, Federal Budget No Comment yet

The October 2020 Budget was being built up by many as a budget for the ages.  In reality there was good news for individual taxpayers who will receive tax cuts and for welfare recipients who will receive two additional payments […]

2020 Tax Planning Individuals

2020 Tax Planning – Individuals

May 25th, 2020 Posted by B&W Additions News, News, Non Concessional Contributions, Superannuation, Tax Planning, Taxation Measures No Comment yet

2020 will be a year none of us forget and everybody’s attention has been on lockdown rules, number of infections and their daily movements, stock market volatility and the value of your superannuation[…]

UPSIZE YOUR SUPER WITH DOWNSIZER CONTRIBUTIONS

July 27th, 2018 Posted by B&W Additions News, Financial Planning, Individuals, News, Superannuation, Superannuation Update No Comment yet

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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mini house on laptop keyboard

KEYS TO DE-STRESSING A MORTGAGE

July 27th, 2018 Posted by B&W Additions News, Financial Planning, Individuals, News No Comment yet

“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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Federal Budget Individuals couple sorting tax

2018/19 FEDERAL BUDGET – PERSONAL INCOME TAX

May 9th, 2018 Posted by B&W Additions News, Federal Budget, Financial Planning, Individuals, News, Tax Planning, Taxation Measures No Comment yet

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[…]

Federal Budget Superannuation growing money

2018/19 FEDERAL BUDGET – SUPERANNUATION

May 9th, 2018 Posted by B&W Additions News, Federal Budget, News, Non Concessional Contributions, Superannuation, Superannuation Update, Taxation Measures No Comment yet

Federal Budget was relatively quiet on superannuation this year.  Not surprising given that we have just been through the most comprehensive reforms since 2007.  However, there were a few items to be aware of and which may offer some planning opportunities[…]