Budget

Income tax rates for Financial Year 2018-2019

Passed Personal Income Tax Rates from ATO Taxable income Tax on this income 0 – $18,200 Nil $18,201 – $37,000 19c for each $1 over $18,200 $37,001 – $90,000 $3,572 plus 32.5c for each $1 over $37,000 $90,001 – $180,000 $20,797 plus 37c for each $1 over $90,000 $180,001 and over $54,097 plus 45c for […]

What it’s worth?

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.

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 […]

Thoughts on stopping you from a business failure.

Martin North from Digital Finance Analytics posed the following insight over the weekend. After a loan is secured for a business venture we often feel vindication that because the bank gave us money our business shall be a success. The assertion is that you have just outsourced your due diligence. (Click to watch his video […]