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Property is the most trusted asset class for Australians, yet only around 3.5% of all SMSF investment is in residential property according to the latest ABS report (www.ato.gov.au/Super/Self-managed-super-funds). Property investment can produce a range of tax benefits, for e.g. your tax can be significantly reduced or eliminated for rental income and capital gains, and the rental return can be used for loan repayments.

Property is the most trusted asset class for Australians, yet only around 3.5% of all SMSF investment is in residential property according to the latest ABS report (www.ato.gov.au/Super/Self-managed-super-funds). Property investment can produce a range of tax benefits, for e.g. your tax can be significantly reduced or eliminated for rental income and capital gains, and the rental return can be used for loan repayments.

Also known as “Do It Yourself Super”.
Some people want the hands-on control that comes with a self-managed super fund (SMSF). But with this control comes extra responsibility and workload.
You must be prepared to research and track your super investments regularly if you want to manage them yourself. Super is your investment for your retirement, so you need to be careful with the funds, and what you do with it.

Trusts as a type of structure can provide significant asset protection, along with estate planning and tax benefits. There are more types of trusts than most people care to acknowledge. Believe it or not, just like there is no such thing as one-size-fits-all for shoes, the same could be said about trusts. Choosing the right trust for you and your family is very much dependent on numerous factors, with some of the factors conflicting.

Uber drivers appear to be lost in the world of GST and tax, because their accountants are either too conservative, or do not even know what Uber is.     

In this day and age, when every man and his dog has a business, or a business idea, it is no wonder that “start ups”, “incubators”, “accelerators” and “entrepreneurs” are the hot topic. It will be that way for many years to come, as there is a general shift of the population from being employed, to being free from the nine to five slavery.     

The New Year usually brings with it a fresh start, a new leaf, and a childlike promise to oneself to stick to your goals/dreams/plans. This is a very important time of the year, as it gives the person the time to reset the clock, if they have been naughty, and the time to reward themselves if they have been good.

The time leading up to and after the New Year is also a very good time to look at your finances. Do you have a budget? Are your budgets realistic? Have you revised your budget recently for any new changes?  JTR & Associates can help you with all your budgeting needs!!

By now, if you are not aware that Christmas is just around the corner, you would be considered a hermit, or someone that lives under a rock. Christmas decorations line the paths, no matter which direction you go. The jingle of the festive Christmas tunes fill the radio channels, no matter which channel you switch to.

It is that time of the year, when everyone is lodging their tax returns. For some it may have resulted in a tax bill. For others, it may be a tax refund… 

Once we have prepared a tax return for a client, and they are expecting to receive a large juicy refund, the first thing they ask us is – what should I do with this money??

It is that time of the year, when everyone is lodging their tax returns. For some it may have resulted in a tax bill. For others, it may be a tax refund… 

Once we have prepared a tax return for a client, and they are expecting to receive a large juicy refund, the first thing they ask us is – what should I do with this money??