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20.01.2022 https://www.startnewcompany.com.au//self-managed-superann/

17.01.2022 If you're thinking of registering a company then did you know that ASIC are increasing their costs 01/07/20? That's tomorrow. The new total cost of out company's will be $619. Register today at www.startnewcompany.com.au

14.01.2022 Novated Lease $20,000 cash for Jenny's Car Yes, you can get cash for the car you are now driving and then lease it back under a novated lease arrangement and ...SAVE on cash flow, GST and income tax. This approach is called a Sale & Leaseback and is one of the greatest secrets of how to free up cash! Example: Jenny loves her Mazda 3 Maxx Sport and $20,000 in Cash Last year Jenny purchased a Mazda 3 Maxx Sport hatchback in soul red. She saved up for several years to buy the new Mazda and paid $26,990 cash. Jenny is looking to renovate her kitchen and has received a quote for $20,000 to do the makeover that she has always wanted. Jenny spoke with her bank and they will lend her $15,000 for the kitchen at 14.5% and the balance Jenny will put on her credit card at a rate of 21%. Before moving forward with the bank finance Jenny was speaking with her friend Pauline that works in the HR department about her plans for the kitchen renovations. Pauline knew that Jenny paid cash for her new Mazda and so she suggested Jenny look at a Sale and Leaseback on her Mazda to getting the funds to pay for the kitchen renovation. Jenny spoke with the team at One Car Group and they explained the process and the cash flow and tax savings of a novated lease. Through One Car Group Jenny applied for a novated lease. The finance was approved on a Tuesday and Jenny received $20,000 cash for her Mazda 3 Maxx Sport on the Friday! Not only did Jenny get a $20,000 cash injection into her bank account she also saves over $2,000 per year in tax by salary packaging her car. Requirements for Sale & Leaseback Minimum $10,000 market value Maximum 10 years at end of lease (e.g. 7-year-old car can be leased for 3 years) Car has been serviced, maintained, road worthy and has no major damage Independent inspection of the car arranged by the financier The application for finance is the same as if you were purchasing a new or used car.

11.01.2022 https://www.startnewcompany.com.au/

04.01.2022 Dear Clients of Start New Company, Uncertainty is upon us, and I can only hope that none of you are affected too much. However for those that will need assistance below is a summary of the Economic Response to the Coronavirus by the government as of today 22 March 2020. Enclosed also are fact sheets that may be helpful....Continue reading