Merit Planning in Dural, New South Wales, Australia | Business consultant

Merit Planning

Locality: Dural, New South Wales, Australia

Phone: +61 1300 827 439

Address: Lvl 1, The Pavilion, Unit 41 New Line Road 2158 Dural, NSW, Australia

Website: http://www.meritfp.com.au

Likes: 88

Add/Update information

Reviews

Tags

• Business service
• Consultation agency
• Business consultant

25.01.2022 THE VALUE OF INVESTMENT DIVERSIFICATION: Do you notice any pattern to annual asset class performance in this table?? CLUE - there isn't any!! NEVER PUT ALL YOUR EGGS IN ONE BASKET. Credit to Vanguard Australia for compiling this info

25.01.2022 Do you own a small business with business partners? Have you sorted your business succession with a sound Buy-Sell agreement and buy-out funding plan? If not, best to have a look at the video attached. http://www.meritfp.financialknowledgecentre.com.au/kcvideos

24.01.2022 We looooove compound interest REMEMBER 'THE RULE OF 72'! If you want to know how long it will take to double your money with a consistent interest rate, divide the interest rate into 72. For example 7% return year on year for 10.3 years doubles your money: 72 divide by 7 = 10.3. ... GET COMPOUNDING!! https://youtu.be/wf91rEGw88Q See more

24.01.2022 To SMSF or not to SMSF? You really do need advice. https://youtu.be/RBj3A5i23kY

24.01.2022 Working lunch today to celebrate Tony Hale's birthday and map out our clients experience of our services. Tony has been in the industry for 43 years - 33 of which was spent at Centrelink and 10 as a Financial Adviser. He is our Retiree & Aged Care Specialist. Very lucky to have his wealth of knowledge at Merit Planning Hills

23.01.2022 So you have 'some' life insurance... 'you think'.... 'maybe through super'...??? Make no mistake - Life insurance (Death Cover, Total & Permanent Disability, Trauma/Critical Illness & Income Protection) requires advice and from someone who isn't tied to the insurance company they are flogging. Ask yourself these 6 questions:... 1. DO YOU HAVE CERTAINTY AT CLAIM TIME? 2. DO YOU HAVE AN UP TO DATE CONTRACT WITH FAIR DISABILITY & MEDICAL DEFINITIONS? 3. DO YOU HAVE THE RIGHT AMOUNT? 4. DO YOU HAVE THE RIGHT TYPE? 5. IS IT STRUCTURED APPROPRIATELY? 6. ARE YOU SURE YOU HAVE COMPETITIVE PRICING? We want to help - and we know what we are doing.

23.01.2022 JOIN THE MERIT PLANNING TEAM AT THE MS WALK & FUN RUN on SUNDAY 1ST JUNE! Team running shirt and groovy groovy head band provided plus a whole heap of fun on the day! Visit our page and click on 'Join Our Team' - we'll be in contact! http://register.mswalk.org.au/2014-MS-/Merit+Planning+Hills

22.01.2022 KEEPING IT IN THE FAMILY - TESTAMENTARY TRUSTS. A way to tax effectively distribute your estate and protect your estate from your child's ex-spouse! https://youtu.be/SYi_-eXF8lg

20.01.2022 Quick update on the budget: http://www.meritfp.financialknowledgecentre.com.au/kcarticl

20.01.2022 1 MONTH LEFT TO MAXIMISE YOUR SUPER CONTRIBUTIONS - DON'T GET CAUGHT OUT! Crash Course on Super contributions - TWO TYPES: 1. Concessional (compulsory employer & your salary sacrifice) - this year capped at $35k if you're over 50 yrs of age and $30k if you're under. ... 1/7/2017 EVERYONE IS CAPPED AT $25K. SO MAKE SURE YOU HAVE A CHAT WITH PAYROLL IF YOU ARE CURRENTLY MAXING YOUR SALARY SACRIFICE. 2. Non Concessional (personal contributions) - This year capped at $180k OR if you trigger what is called the '3 Year Rule' you can contribute up to $540k. 1/7/2017 CAPPED AT $100K (or $300k under the 3 year rule) SO IF YOU WANT TO GET IN OVER $300K YOU'D BETTER GET BUSY. https://youtu.be/mKfAp47QTpI We're here if you need any help - give the Merit Team a call.

20.01.2022 INSURANCE CLAIMS - 2016 saw a staggering $9,204,917,236 paid out to Aussies across the insurance industry. WHAT ARE THE LEADING CAUSES? DEATH: Cancer / Heart Disease / Accident (including suicide - please call Lifeline if you need to talk 13 11 14) ... TOTAL & PERMANENT DISABILITY: Musculoskeletal / Mental Health / Accident TRAUMA/CRITICAL ILLNESS: Cancer / Heart Disease / Neurological INCOME PROTECTION: Accident / Musculoskeletal / Mental Health.

20.01.2022 At the Merit Wealth Business Owners Forum. Check out these very important questions that all small business should consider very carefully! Presented by Greg Hayes.

20.01.2022 Happy day to you FB Friends - Due to some FB admin issues we have had to start a new page. We are producing and creating a heap of new content all designed to help with your Financial Education. Come and check us out: https://www.facebook.com/MeritPlanningHills/

16.01.2022 https://www.facebook.com/absstats/videos/1599122470149086/

14.01.2022 The value of advice - we couldn't have put it better, thanks Baz Gardner

13.01.2022 Should you buy or rent? http://www.meritfp.financialknowledgecentre.com.au/kccalcul

12.01.2022 Negative gearing - a great way to loose money tax effectively? http://www.meritfp.financialknowledgecentre.com.au/kcvideos

11.01.2022 INCOME PROTECTION - is 100% tax deductible! Did you know you can pay NEXT years annual premium before 30 June THIS year to collect your deduction in your next tax return?? https://youtu.be/J2B_56iTygU

10.01.2022 Blessed to have an amazing team - pre drinks before being locked in a room problem solving at venue ‘Panic Room’ (Pretty standard really!) Star performers all!!!

10.01.2022 FRANKING CREDITS IN SUPER - THE ATO IOU! Plain Talk Translation: Share investments gives you 2 things 1. Growth (change in share price - up please) +... 2. Income (regular dividend income payments). A 'fully franked' dividend = a dividend that has already been taxed at the company tax rate (companies with greater than $10m turnover this financial year = 30% tax rate) TAX RATE IN SUPER IS 15% for those in super accumulation phase. BUT WAIT, YOUR DIVIDEND HAS PAID 30%... that's 15% too much! HELLOOOOO 15% TAX CREDIT Company shares paying fully franked dividends into your super are worth more than they seem. It gets better - give us a call.

10.01.2022 Welcome to this month's edition of On The Money :) http://www.videoupdate.me/on-the-money/merit-planning

09.01.2022 NOW is the time to start preparing for your End of Financial Year super contributions! DON'T MISS OUT ON YOUR DEDUCTION! Quick update from Jim: http://www.youtube.com/watch?v=3LgUrUeF99c&feature=youtu.be... * The higher concessional cap of $35,0000 applies for individuals who are 59 years old or over on 30 June 2013 for the 2013-14 financial year, or 49 years old or over on 30 June 2014 for the 2014-15 financial year. ** There is 15% tax payable by your fund on concessional (before-tax) contributions paid into a super fund. Your super fund usually reduces your super account by your share of this tax. *** From 1 July 2014 the tax rate applicable to excess super contributions will increase in line with the changes to the Medicare levy. For the 2014-15 financial year, the applicable tax on excess non-concessional contributions will be 47%.

09.01.2022 PLAN AHEAD. Dream Big . Set Goals . Take Action https://youtu.be/zCyB2DQFdA0

08.01.2022 Why would I need an 'Enduring' Power of Attorney?? 1 in 5 people in Australia over age 65 are diagnosed with Dementia - that's why. ONLY AN 'ENDURING' POWER OF ATTORNEY (as opposed to a 'general' power of attorney) STILL APPLIES IN INSTANCES OF MENTAL INCAPACITY. https://youtu.be/qf8fQK7Ea7M

08.01.2022 Jim Mills presenting at the annual Merit Wealth Accountant conference - amazing group of people. Discussing insurance in SMSF's - lots to consider!

05.01.2022 On death, super benefits aren't taxed right? WRONG. Super death payouts aren't taxed IF paid to a 'financial dependant' - in general cases this will mean your spouse, or children under 18 years of age (see the below link for a full account of who is a financial dependant). However if your dependants happen to be adult children or anyone else non-financially dependant, say hello to the tax man (up to 31.5% depending on your tax bracket)! THERE ARE STRATEGIES THAT CAN ASSIST TO... REDUCE THIS TAX LIABILITY - guess what? It requires planning. Fore more information: https://www.ato.gov.au//withdrawing-your-super-and-payin/

04.01.2022 Hey you made it to 5pm Friday! Have a great weekend from the Merit Planing Team

04.01.2022 GO THE BLUE....chips.... Want to learn and understand how to trade the ASX? Check out this link to details on the next 'GAME' run via the ASX. You get to trade 200 ASX listed companies real time and the best thing is you can't loose (real money) Entry is free and there are great prizes - registration opens July 13 for an August 3 Kick-off! ... GREAT WAY TO LEARN If you want help with the real thing - give us a call. https://game.asx.com.au/game/info/public/about-the-game

04.01.2022 These are the Faces behind the Faces of Merit Planning Hills - much gratitude for such amazing resource and support.

03.01.2022 An end of Financial Year checklist for SMSF https://youtu.be/WqOXKT40Vrk

03.01.2022 DO SHARE PRICES = REAL VALUE? At Merit Planning we heavily invest in a tonne of current market data, research & analysis. One of our partners that we utilise for direct share & bonds/fixed interest notes brokerage is Will Douglas & Team of Morgans Stockbroking. Check out this awesome educational video on current share price versus real share value. PASSWORD is EcoJune17 https://vimeo.com/224588924

02.01.2022 With the average life expectancy now at an all-time high, maintaining a healthy lifestyle is now more important than ever. What will you be doing when you reach 90?

01.01.2022 YOUR SUPER DOES NOT FORM PART OF YOUR ESTATE. Did you know your Will does not control how your super is distributed? The Trustee of your Super holds that power unless you have a Binding Death nomination in your fund. NOT ALL SUPER FUNDS ALLOW BINDING NOMINATIONS - does yours?