Budget 2018: living stronger

The Government is focused on encouraging older Australians to better grow and secure their personal retirement funds. Retirees exempt from work test An exemption from the work test will be established to allow retired Australians aged between 65-74 who have total super balances below $300,000 in their first year that they do not meet the…

Control Your Cashflow

Have you heard? In the next few weeks, we’re getting a small group of people who are looking to take control of their finances together for a LIVE Workshop event. We’re going to ‘roll up our sleeves’ and help you identify what you’re doing right and wrong with your finances now. Then we’ll get started…

CFL’s Top EOFY Tips

With the end of the 2016 financial year fast approaching there are a lot of distractions, including an election campaign, school holidays and budget changes afoot. To help cut through this fog and prioritise your opportunities prior to June 30, we have put together a short list of our top 7 End of Financial year…

Federal Budget Summary

Surprise! Surprise! This year’s Federal Budget has focussed on superannuation and its taxation. The budget addresses the perception, or possibly the misconception, that the superannuation system is being abused by high net worth individuals. Download your summary here

Utilise your small team for success

Small teams provide many benefits to both employees and employers. In comparison to larger teams, small teams are shown to have higher levels of productivity and effective communication. However, a vital component to the success of these teams relates to the support and coordination provided by management. Ways to maximise your small team’s efforts can…

Budget 2013: Personal income tax rates

The 2013 Federal Budget, released on Tuesday contained a number of significant taxation changes that will impact on individual taxpayers. Personal Income Tax Rates Although individual income tax rates have remained unchanged, changes that were due to apply from 1 July 2015 have been deferred. Initially, the tax free threshold was set to increase from…

Budget 2013: Monthly PAYG instalments

In an unexpected announcement, the Government has now made it a requirement for all large entities in the PAYG instalment system to make monthly PAYG income tax instalments. The monthly PAYG instalment system will therefore be extended to include trusts, superannuation funds, sole traders and large investors. The system will be phased in between 1…