Moneytax Financial Centre in Brookvale, New South Wales, Australia | Tax preparation service
Moneytax Financial Centre
Locality: Brookvale, New South Wales, Australia
Phone: +61 2 9905 0777
Address: 658 Pittwater Rd Shop 1 2100 Brookvale, NSW, Australia
Website: https://moneytax.com
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18.01.2022 RBA has left cash rate on hold at 1.5%. What does this mean for you?
08.01.2022 The budget is out for 2017. We'd love to hear your thoughts on it? Some headline points - 1. If you're a first home buyer, say hello to the First Home Super Saver Scheme. It's going to allow first home buyers to funnel some income into super accounts, at a lower tax rate than normal. 2. Australia's five biggest banks will be hit with a new tax that the Government says will bring in $6.2 billion in the next four years.... 3. Foreign investors will be slugged $5,000 if they don't occupy or lease their property for at least six months each year. Developers won't be able to sell more than 50 per cent of new developments to overseas buyers either. Missing from all of this? Negative gearing. The Government isn't touching it. 4. The Medicare Levy is increasing from 2 per cent to 2.5 per cent of taxable income. The Government says that increase will be used to help fund the National Disability Insurance Scheme, which is on track to be fully rolled out from 2020 5. For schools, the Government is adopting a needs-based standard for funding to the tune of $18.76 billion over the next 10 years. University students will pay more for their degrees (and begin paying back their HELP loans sooner) and universities will lose 2.5 per cent of their Government funding. The Government says there'll be a forecast deficit of $29.4 billion in 2017-18. It's still projecting a return to a $7.4 billion surplus in 2020-21. Interested in finding out how the budget will affect you, and what you can do NOW to review your situation? Give us a call and have a chat to one of our team of experts today on (02) 9905 0777. source: http://www.abc.net.au//budget-2017-cheat-sheet-pay/8511842
07.01.2022 Are you a first home buyer in NSW? This is good news for you! http://www.smh.com.au//premier-gladys-berejiklian-announce
