That’s sound advice

Jan 03, 2015

FINANCIAL advice was at the centre of a raft of scandals, frauds, inquiries, reforms, rip-offs and multi-billion-dollar losses last year.
ANNUAL superannuation statements are hitting mailboxes. Instead of skipping to the closing total and filing it away take our super statement road test to see how your retirement savings are really travelling.
BUMPER returns on retirement savings have delivered double-digit growth for fund members but making slight tweaks to accounts can also help add thousands of dollars to your balance.
SELF-MANAGED super funds have slammed proposals to cap the amount wealthy investors can accumulate in the tax-advantaged funds at $2.5 million.
IT’S entirely erroneous to believe running a self-managed super fund is much more expensive than being a member of a super fund regulated by the Australian Prudential Regulation Authority, says Adrian Raftery.
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comments-rhsLatest Comments

  • "Good pick up JAson - now corrected. Thanks. Makes the numbers even worse doesn't it!"

    By: Adrian Raftery at May 21, 2020 11:58PM

    Post: A COVID-19 TAX TIP FROM MR TAXMAN #16

  • "I would be hesitant to do that Stacey. If they have the recepts it should show location, date & length of parking so should match up with diary/Outlook calendar of where they were & what clients..."

    By: Mr Taxman at May 21, 2020 1:06AM

    Post: Claiming car expenses

  • "there is a error on your calculation, Car limit should apply on both depreciation and GST."

    By: Jason at May 20, 2020 11:43PM

    Post: A COVID-19 TAX TIP FROM MR TAXMAN #16

  • "Hi, can you apply log book percentage to parking expenses if the client has all of the parking invoice but can't pin point which ones relate to work trips? can's find anywhere to say that I can't do..."

    By: Stacey at May 20, 2020 12:42AM

    Post: Claiming car expenses

  • "Yes you will need to keep a log book of your travel for a minimum of 12 weeks in order to claim the work-related portion of your car's running expenses. Note the first and last trips of the day..."

    By: Mr Taxman at May 19, 2020 3:40AM

    Post: Claiming car expenses