Tax & Accounting Articles

Easy Investing Through Managed Funds - June 2008
So you hear about this amazing investment opportunity, but you have two problems:
1. The investment requires a large sum of capital (several hundred thousand to several million dollars), and you only have a few thousand dollars to invest.
2. You have no idea how to effectively manage your own investments to begin with... more

Pros and Cons of Property Investments - June 2008
Purchasing real estate isn’t always about finding a new home to live in. It’s also a business opportunity. It’s not uncommon for those of an entrepreneurial mind to choose investment properties as their means for earning anything from some extra money to their primary incomes... more

First Home Buyer’s Grant Eligibility Basics- June 2008
If you’re a first-time home buyer, you may be eligible for a $7000 first home owner’s grant from the federal government. The grant is applicable to existing homes that you’re purchasing or for new construction if you plan to build your own home... more

Fringe Benefits Tax - May 2008
The Australian Taxation Office defines “fringe benefit” as a form of payment made to an employee, but in a different form than wages or salary, a definition that can be summed up as a non-cash or indirect compensation... more

Tenancy in Common - May 2008
For various reasons, many properties, residential or investment, are owned by more than one person. Under Australian law, this can take two forms: joint tenants and tenants in common... more

Salary Sacrifice - February 2008
If you enter into a Salary Sacrifice arrangement with your employer you allow them to change your salary so that money from before tax earnings is used to make extra employer superannuation (super) fund contributions and/or to pay some of your expenses eg: private health fund fees, car lease etc... more