With increasing financial burdens on the cost of living, it is not uncommon for individuals to seek financial assistance from relatives. Many individuals may turn to the ‘Bank of Mum and Dad’ for money to assist in the purchase of a property, vehicle, or other asset. Read more about what you need to consider in this scenario.
Tag Archive for: tax
The end of the financial year is upon us and it is a good time to consider these 5 handy tax tips…
Do you have any employees whom you are paying superannuation? Superannuation is not tax deductible until it has been paid, accordingly you must pay before 1 July 2015 to be able to claim your superannuation tax expenses and be able to reduce your income tax bill.