Top 3 valued employee skills

While the majority of today’s job roles do require employees to have some form of qualification or specific skill set, there are other certain attributes many of today’s employers consider to be just as important. Here are three valued skills employees should work on developing to help them stand out from the crowd when applying…

Paying attention to the buying process

Understanding customer behaviour in regards to purchasing products and services is crucial to improving a business’s marketing strategy and increasing its sales and profits. And while business marketing techniques and strategies have changed over time, the decision-making process customers undertake before making a purchase has generally remained the same. Understanding how this decision-making process applies…

Transitioning to retirement pension in an SMSF

The transition to retirement income pension is quite straight forward, however whether there are clear benefits depends on an individual’s personal circumstances. When an individual starts the transition to retirement income pension (TRIP) once they reach preservation age and are still working, they receive an income stream from their SMSF. Their existing account balance in…

Family trusts

While the ATO continues to crack down on its tax minimisation strategies, quite a few legal pathways to paying less tax while preserving wealth for retirement or estate planning purposes still exist. Family trusts have significant tax-saving abilities, and can save high-income earners a fair amount of money over a few years by apportioning wealth…