Applying the segregated pension method for an SMSF can result in cash-flow issues caused by the division of earnings and expenses. While the decision to segregate assets in an SMSF into pension and accumulation mode may be due to tax purposes, there are still a range of important issues to consider. Bank accounts are usually…
Not getting along with someone at work is old news. But having a hostile relationship with your partner or business associate can seriously affect your productivity, confidence and innovation in the office. Having to work with coworkers who behave badly in the workplace can be difficult, but here are three tips to help survive working…
The worst part about bad habits picked up at the office is the fact that many employees don’t even realise they are doing them. Work life can often introduce a range of bad habits that can take a serious toll on a person’s health. But it is never too late to change. Being aware of…
It can only take one or two late payments from customers to turn a business’s positive cash flow into a negative one. Maintaining positive cash flow can be a struggle for many businesses, but setting realistic goals for cash flow management can help make a business profitable and generate enough cash to offset monthly expenses.…
Leasing out your holiday house to others can make owning the property more affordable. The principles that apply to an investment rental property also apply to leased or rented holiday houses. This means owners are entitled to claim expenses for the property based on the proportion of the income year when it was rented or…
