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25.01.2022 This is Phil's story and he says "Not a day goes by that I dont kick myself about it. " Find out why...

24.01.2022 The ATO is scrutinising taxpayers details in relation to company cars this year to make sure business owners have lodged the required FBT returns. Make sure to... have your FBT all tidy and properly reported to the ATO, it can save a lot of time and trouble. Find out when FBT is payable here on our Blog... https://www.tradiesadvantage.com.au/ato-contact-regarding-/ Photo by Robert Penaloza on Unsplash

23.01.2022 Many Australians are not adequately protecting themselves from unexpected illness or injury which, in turn, means they are failing to protect their family and lifestyle. Its not easy to contemplate how misfortune could affect you or your family but the issue is best not avoided. Unforeseen circumstances crop up all the time, Unfortunately, it is often only when something unexpected occurs that people realise the importance of protection. Insurance provides financial pr...Continue reading

22.01.2022 5 Questions to Ask Yourself 5 Years Before You Retire Retirement planning takes on added urgency the closer you get to leaving your job. Imagine your future by looking at the major factors: housing, activities, lifestyle, life expectancy, and unexpected events. To read more visit: http://www.straightmoneytalk.com.au/5-questions-to-ask-you/

20.01.2022 Dont pay extra for your insurance cover. Unless youve opted out of insurance with other super funds, youre essentially duplicating your cover AND your premiums. Find out which insurance cover is generally included in your super here...

20.01.2022 It took a while, but now theyre enshrined in law. The Government has announced that more than 10 million Australians will receive immediate tax relief followin...g the passage of legislation through the Parliament. More details on our Blog.... https://straighttalkat.com.au/tax-cuts-become-law/ See more

20.01.2022 Claiming travel costs as part of your business expenses is legitimate, you just need to be sure that you're keeping the required documentation, if necessary in ...your situation. Read our blog to find out under which circumstances you don't need to keep written evidence of your travel. https://www.tradiesadvantage.com.au/using-the-cents-per-ki/ See more

19.01.2022 When people get diagnosed with cancer or any other serious illness and discover they are not covered by insurance, it can lead to further distress that they don't need. That's when Trauma Insurance can be your saviour in more ways than one. It will give you financial peace of mind, when all you want is to concentrate on getting better. And it will pay the bills that keep coming from the myriad of health and allied health services. For more information on Trauma Insurance, visit http://bit.ly/SMTTraumaInsurance or contact Straight Money Talk by phone or email.

19.01.2022 Something to be aware of for all small business owners...

18.01.2022 Do you know what kind of insurance can be purchased by Self-Managed Super Funds? Find the answer in this article.

18.01.2022 The ATO has released details of updated rates and thresholds. Stay up-to-date with what's new from the ATO on our Blog.... http://ow.ly/E1g750vCRMT

17.01.2022 We get a lot of questions about the best way to make sure your family succession plan is enacted. While it is important to have a Will, it's not the only instrument necessary to do this properly. Find out about the building blocks for a solid family succession plan in this article...

17.01.2022 Would you prefer to ease into retirement gradually by cutting back working hours and drawing some income from your super before your fully retire? If the answer is YES, then this article is a must read to learn about the 'transition to retirement' rule.

17.01.2022 It took a while, but now they're enshrined in law. The Government has announced that more than 10 million Australians will receive immediate tax relief followin...g the passage of legislation through the Parliament. More details on our Blog.... https://straighttalkat.com.au/tax-cuts-become-law/ See more

16.01.2022 When we're busy with life and trying to do the best we can, sometimes we can take our eye off the ball. This happened to Corrie's son as she relates her story in this case study, which is a real story, though the names have been changed to protect Corrie's privacy.. At the end Corrie says "Breaks my heart to know that Tom and his family are fine, and Billy is the opposite. And the only difference is that Tom was properly insured thanks to his advisor, and Billy wasn't." It r...eally is heartbreaking, not just for the person experiencing it, but also for family who are then called upon to help out in any way they can... not exactly what Corrie had in mind at the age of 68 for her own retirement. Watch this short video clip to get to the heart of the story. http://www.straightmoneytalk.com.au/insurance-case-study-c/

15.01.2022 The ATO is scrutinising taxpayers' details in relation to company cars this year to make sure business owners have lodged the required FBT returns. Make sure to... have your FBT all tidy and properly reported to the ATO, it can save a lot of time and trouble. Find out when FBT is payable here on our Blog... https://www.tradiesadvantage.com.au/ato-contact-regarding-/ Photo by Robert Penaloza on Unsplash

15.01.2022 On the road again... the ATO plans to visit almost 10,000 businesses this financial year to deal with the black economy. Some businesses are more likely than ot...hers to get a visit from the ATO. Find out on our Blog which businesses are being targeted this year... https://straighttalkat.com.au/the-ato-hits-the-road-to-dea/ See more

15.01.2022 With the new Downsizing Superannuation Contribution scheme, you can even increase your superannuation balance in your retirement years. Be sure to conduct a full analysis of your complete financial situation first though, as it could have consequences you don't want. For more details, read our article...

14.01.2022 The ATO has released details of updated rates and thresholds. Stay up-to-date with whats new from the ATO on our Blog.... http://ow.ly/E1g750vCRMT

14.01.2022 Investing in property can be a profitable strategy. That's why property, along with Australian shares (32%) and cash and term deposits (28%), make up the bulk of Australian SMSF assets. Read this article for more details on SMSF property rules...

13.01.2022 Investing in property can be a profitable strategy. Thats why property, along with Australian shares (32%) and cash and term deposits (28%), make up the bulk of Australian SMSF assets. Read this article for more details on SMSF property rules...

13.01.2022 Only a few weeks until the new super changes will take effect on 1 July 2017. Get in now to take advantage of the current rules and find out here what will change. Your retirement lifestyle could depend on it.

12.01.2022 We all need a few tips around Christmas time what presents to buy, what food to serve, which family member is best placed to host the celebrations. We also need to know how we can achieve all this when we are working to a budget. Here are some tips!

11.01.2022 You would think that Annual Reports are for the big end of town. My, how the times are changing in the building and construction industry. The QBCC will require... all licence holders in future to produce and submit annual financial reports. Find out what you can do to be ready on our Blog.... https://www.tradiesadvantage.com.au/how-to-make-sure-you-d/ See more

11.01.2022 Don't pay extra for your insurance cover. Unless youve opted out of insurance with other super funds, youre essentially duplicating your cover AND your premiums. Find out which insurance cover is generally included in your super here...

10.01.2022 Money Management Myths Exposed Money Management Myth #1: I cant save or invest because I dont make enough money. Money Management Myth #2: Once I get my finances in order, then Ill start saving.... Money Management Myth #3. Im X years old. Its too late for me to start an investment program. Money Management Myth #4: If I have an emergency, I can always get a cash advance. Money Management Myth #5: I dont have to plan for retirement. Thats what my superannuation fund is for. To read more visit: http://www.straightmoneytalk.com.au/money-management-myths/

10.01.2022 Hearing about the collapse of Ralan Group I couldn't help thinking, there are just too many innocent people who've suffered financial loss here, and could it ha...ve been avoided? This is why Tradies Advantage support the Minimum Financial Requirement reforms by the QBCC, and hope that they will help prevent this kind of company failure in future. https://www.abc.net.au//property-developer-collap/11492920

10.01.2022 Significant changes to contribution limits to super could prove a challenge The changes to super and tax laws proposed in this years federal budget, then revised and adjusted by the government in September, have been passed through Parliament and are mostly due to take effect from July 1, 2017. That means that you have until July to consider if there is any action you should take to make the most of current super rules or to comply with the upcoming changes. To read more visit: http://www.straightmoneytalk.com.au/significant-changes-co/

09.01.2022 Whats your family succession plan? While often difficult, having discussions with your family about estate planning, and how your assets will be distributed when you die, is so important. Here are just some of the key building blocks to consider when looking to create your own family succession plan. Have a valid Will There are many problems that arise if you dont have a valid Will problems that can cause a great deal of distress to your family when you die. A valid Will...Continue reading

09.01.2022 Hearing about the collapse of Ralan Group I couldnt help thinking, there are just too many innocent people whove suffered financial loss here, and could it ha...ve been avoided? This is why Tradies Advantage support the Minimum Financial Requirement reforms by the QBCC, and hope that they will help prevent this kind of company failure in future. https://www.abc.net.au//property-developer-collap/11492920

09.01.2022 Did you know that banks and other money lenders are not the only option for business owners to get their business development project funded? Every year the Que...ensland Government opens up funding rounds to business owners. There are literally hundreds of grant programs available across Australia, so we're putting a spotlight on how a grants project could help your business. Read our Blog for more... https://straighttalkat.com.au/why-a-grant-could-solve-your/

07.01.2022 When were busy with life and trying to do the best we can, sometimes we can take our eye off the ball. This happened to Corries son as she relates her story in this case study, which is a real story, though the names have been changed to protect Corries privacy.. At the end Corrie says "Breaks my heart to know that Tom and his family are fine, and Billy is the opposite. And the only difference is that Tom was properly insured thanks to his advisor, and Billy wasnt." It r...eally is heartbreaking, not just for the person experiencing it, but also for family who are then called upon to help out in any way they can... not exactly what Corrie had in mind at the age of 68 for her own retirement. Watch this short video clip to get to the heart of the story. http://www.straightmoneytalk.com.au/insurance-case-study-c/

06.01.2022 Disconnecting from Social Media Social media can sometimes be a double-edged sword that offers as many drawbacks as it does benefits. Many people wanting to stay connected end up being a little too captivated by it, and social media can even become something close to an addiction when people spend too much time on it, often aimlessly and repeatedly. Addictions are no joke and can end up having serious consequences including isolation and poor social relationships, stress, anx...iety, and even depression. If you are beginning to feel that you are spending too much time on social media, then it is time to take action to disconnect. One good idea is to choose at least one day of the week to disappear from social media entirely. This might be difficult at first but will give you the chance to perform other tasks. Once you have gotten used to having a regular day away from it, you might want to expand it to two days or even more. Self-regulation is another good idea. Give yourself some rules so that you are only allowed to use social media at particular times during the day. You might also want to disable notifications and alerts. See more

06.01.2022 Did you know that an SMSF could go on forever, as long as the Trust Deed is kept up to date? It's the perfect way to keep your wealth in the family. For more info read here... http://bit.ly/KeepSuperInFamily

05.01.2022 In a few days an important transition period will begin to implement the Single Touch Payroll system further. Small businesses who need to become compliant with... the STP system have been given a transition period. The ATO has advised that they will be working closely with employers in the next 3 months to make sure they start using STP and become compliant. More details are on our Blog.... https://straighttalkat.com.au/single-touch-payroll-update/ See more

05.01.2022 When youre thinking about arranging aged care for your loved ones, its important to ensure the best care at the most reasonable cost. With so much talk about reviewing the Aged Care System in the current political debate, weve got some practical questions for you to consider when youre discussing the issue with family members. Read on to get some answers to 5 critical questions...

05.01.2022 https://straighttalkat.com.au/federal-court-provides-clari/

03.01.2022 Did you know that an SMSF could go on forever, as long as the Trust Deed is kept up to date? Its the perfect way to keep your wealth in the family. For more info read here... http://bit.ly/KeepSuperInFamily

03.01.2022 When you're thinking about arranging aged care for your loved ones, it's important to ensure the best care at the most reasonable cost. With so much talk about reviewing the Aged Care System in the current political debate, we've got some practical questions for you to consider when you're discussing the issue with family members. Read on to get some answers to 5 critical questions...

03.01.2022 Where Will You Find the Money? Getting started with investing as early as possible in your life is a smart move. Though its never too late to get started, its just like the old saying The early bird gets the worm. The sooner you start investing, the bigger your rewards. To read more visit:http://www.straightmoneytalk.com.au/where-will-you-find-th/

03.01.2022 Women who nurture and take care of their loved ones during their lifetime can also make sure that they are being looked after, when they no longer can. To achieve that, all they need to do is establish the right legal authority in time. Find out how they work in this article...

03.01.2022 Smarter than the average Will Having a Will is a good first step but it may not be enough for your assets to be passed on in the most tax-effective manner. This is why including a trust as part of the Will is becoming an increasingly popular option. Testamentary trusts are usually discretionary, which means, depending on the trust deed, the person you appoint as trustee can distribute the income and assets of the trust in a way they believe is in the best interests of your be...neficiaries. If your trustee is financially savvy, they may also have knowledge about how to make the most of the familys tax-free income each year. One way to do this is to split income from the trust to take advantage of beneficiaries tax-free thresholds. If a beneficiary has children or grandchildren under 18 years of age, distributions from testamentary trusts can generally be taxed very favourably. Beneficiaries under 18 can generally take advantage of the tax-free threshold of $18,200 (2014/15) and have the option of claiming the low income tax rebate of $445 on testamentary trust distributions. A testamentary trust can also give your husband or wife control over how to distribute your assets effectively for stamp duty and capital gains tax (CGT) purposes. See more

02.01.2022 Why You Dont Need to Re-Invent the Wheel When You Got a Grant

01.01.2022 Many people choose to take out Life Insurance to protect their family, but not all of them are successful in getting a full and prompt payout from their insurance company. In fact the statistics are quite stark. ASIC found that the claim declined rate was around 50% higher where the claimant went direct to the insurer. Find out in this video blog how you can increase your chances for a full and prompt payout...

01.01.2022 Do you have a smart Will? For your estate to be passed onto your beneficiaries in the most financially efficient and tax-effective way possible, you need a smart Will that considers current tax regulations. Get some clarity in this article...

01.01.2022 There is a lot of confusion about how to claim for your business travel. Get some answers on the Tradies Advantage Blog...

01.01.2022 This is Phils story and he says "Not a day goes by that I dont kick myself about it. " Find out why...