How To Claim Your Super When Leaving Australia

If you’re on a temporary working visa in Australia and wish to return home, you may be wondering whether you can claim superannuation earned during your employment here. This payment is called a Departing Australian Superannuation Payment (DASP), which you can claim if you meet the required criteria.  Chasing down your super payments can be a bit of a […]

5 tips to get home office deductions right

  You might be sick of the daily commute, or want more flexibility of hours – or it could be that you have a talent or skill and feel sure that this can translate into a fulfilling career in your own business.

Tax Deductions For Tradies

Tradies work long and hard to meet tight deadlines, which often leaves little time or energy to think about finances and taxes. As a result many tradespeople pay too much tax, miss changes in legislation or suddenly find their cash flow is not as healthy as they thought. Staying In The Loop Apart from making sure you […]

Record Keeping: Best Practices For Small Business Owners

Time is limited as a small business owner: it’s easy to be overwhelmed in looking after your customers, suppliers, and staff. Business record keeping is important, so if you don’t have a clear process for how to keep records of your payments and invoices, your records can become quite messy and inaccurate. This can mean serious trouble […]

Common Myths About Online Accounting

Going online raises concern for some people, but the reality is that online accounting can make your accounts more secure, not less so. Between multiple layers of security and backup, an online accounting solution is a sensible choice – but the myths still persist. Here are the three most common myths around online computing, and […]

Checking in on our 2016 economic outlook – and looking ahead

  At the end of 2015, Vanguard Senior Economist Roger Aliaga-Diaz, Ph.D., and Vanguard's Investment Strategy Group published an economic and market outlook for 2016 and beyond.

Making a fairer and more sustainable Superannuation System

  Australian Government - Superannuation fact sheets

‘Winners and Losers’ from new super proposals

  After the government announced it will be shaking up its budgetary super measures – including scrapping the $500,000 lifetime cap on non-concessional contributions – Rice Warner outlined a list of key “winners and losers” from the new proposals.

How To Build Your Customer Base

The key to increasing your sales is to attract new customers. Here’s a few ways to get interest buzzing about your business! 1. Get Personal Business and sales are not impersonal; in fact, they’re just the opposite. Building up a customer base takes time and dedication! A great method to spread word about yourself and your business […]

Tax Consequences of Trust Vesting

Most trusts have a limited life. When a trust comes to an end, it is said that the trust vests. The Australian Taxation Office (‘ATO’) has recently stated its concern around trust vesting. In particular, the ATO is concerned that some taxpayers may attempt to extend the vesting date of their trusts after they have […]

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