Goal setting - Townshend & Associates

“to err is human; to forgive, divine”: Protecting your credit file, more important than ever.

July 3, 2018 | Business Advisory, Financial planning, Individual tax, Mortgage Brokering

What do you know about your credit file? Do you know what credit providers you currently have? You probably haven’t heard of the “National Consumer Credit Protection Amendment (Mandatory Comprehensive Credit Reporting) Bill 2018″ but from the 1st of July 2018, paying your bills to credit providers on time will be recorded on your consumer […]

Minimum pension payments for 2018 FY & 2019 FY

June 27, 2018 | Financial planning, Individual tax, SMSF

Minimum annual pension payments (account-based pensions) – 2018/2019 year, and 2017/2018 year Age of pension account-holder Percentage factors Under 65 4% 65 to 74 5% 75 to 79 6% 80 to 84 7% 85 to 89 9% 90 to 94 11% Aged 95 or older 14% Note: Amount calculated on 1 July each year, unless first […]

What it’s worth?

June 18, 2018 | Accounting, Budget, Business Advisory, Equipment and Vehicle Finance, Financial planning

Value as a topic is fascinating and all of us need it, use it and perhaps earning a living measuring, selling or consuming it. So diverse and complication that I could not possibly write a complete nor accurate depiction of value pleasing everyone. It is a concept which helps defines us as a civilisation and […]

Fresh starts, tax, deductions and audits.

June 12, 2018 | Budget, Individual tax

If you think you the end of financial year is all about complying with the taxman you are missing the best time to assess your fiscal health. If you haven’t done this before consider the following: Review: When you are finding all those receipts and completing your logbooks for your tax return, go through each […]

Financial Planning

April 12, 2018 | Financial planning

We believe that wealth that is an abundance of all good things. Wealth creation through the financial planning process is your ability to obtain more freedom. From purchasing your first home, educating the kids to planning for retirement and beyond, we believe our financial planning advice can make a positive impact on you and your […]