Superannuation is a great way to save for retirement, but the government sets strict limits on how much you can contribute each year. These limits
If you buy a property in an off-the-plan purchase, there are some important CGT issues to be aware of – especially in the context that
The tax deductibility of clothing is a topic that often confuses taxpayers, as the rules are specific and nuanced. However, the ATO sets clear guidelines
A suitable path to retirement control? Self-Managed Super Funds (SMSFs) are a key part of Australia’s superannuation system, offering control over retirement savings. As of
Given the past history, not very much, unfortunately. The Treasurer, Jim Chalmers, has convened a Productivity Roundtable for late August, with three main areas
Government concession cards, including the Commonwealth Seniors Health Card, Pensioner Concession Card, Health Care Card and state-based Seniors Cards provide significant savings. These cards help
If you are getting divorced or separated from your spouse, this may involve the transfer of real estate or other assets as part of the
Over the next few decades, Australia is expected to witness one of the biggest intergenerational wealth transfers in history with between $3.5 trillion and $5
Starting 1 July 2025, Age Pension means test thresholds will increase, potentially boosting eligibility and payments for retirees. These changes, announced by the Department of
If you’ve been keeping an eye on your super, you might be wondering whether the contribution limits are increasing this year. The answer is –
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