Are the rumours true? Heard any good ATO rumours this year? There are many rumours surrounding tax time that may leave many a taxpayer scratching their head in confusion. Here we shall have a look at some of them to help you stay ahead of any curve balls the ATO may or may not throw […]
Tax Talk – Rental Properties, new rules to the game
Playing Monopoly with ever-changing rules We all have different rules for monopoly, a favourite in my house is where all fines from the game are put in the middle and whoever lands on ‘Free Parking’ gets the loot. Of course, no one can forget the $200 of cold hard cash we get just […]
A Billion Dollar Budget – how would you spend that many zeroes?
Oh, the possibilities Imagine if your household income was $444,400 each year….could be fun coming up with a budget at that income level. Now, add another zero or six to that number, $444,400,000,000 – four hundred and forty-four billion, four hundred million dollars. That was the government income for the year 2017-18 according to […]
Easter Hunt – turning crumbs into dough
The Great Easter Hunt Challenge Full disclosure, it’s the first one of its kind so proof of greatness is yet to be determined… Easter can be an expensive time, spending this year in Australia is tipped at over $875 million dollars…that $875,000,000 is a lot of chocolate. But of course, during a 4-day weekend […]
HECS-HELP Debt – Hooray for student loans
What is HECS-HELP Debt? HECS-HELP is a loan scheme to help eligible Commonwealth supported students pay their student contribution amounts, until 2005 this was known as HECS. FEE-HELP is a loan to help eligible fee paying students to pay their tuition fees. What this means is that most Australian’s can access university and pay their […]