Latest News Archives - Page 30 of 75 - Virtue & Partners

SMSFs warned on common mistakes with bare trusts

A specialist law firm has highlighted the importance of ensuring that the bare trust has been set up correctly where SMSFs are looking to borrow money.
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How much time and money do you need to consider investing

There's a common misperception that in order to start investing, you need a large initial sum and lots of time. Here's why that's a myth.
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Largest inflation rates by country in oceania

See how the inflation rates changed from 1960-2022
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How diversification fights investor biases

Investing in familiar names may bring a sense of comfort but by focusing too heavily on the Australian market, investors may limit their opportunity set and forgo the benefits of greater diversification.
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State and Federal Disaster support — July 2022

The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage the impact of yet further national hardships.
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Census 2021 Data

Search through the data collected by the Australian Bureau of Statistics, and find interesting facts about how the country is changing.
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ATO statistics show 12 per cent jump in SMSF assets

The total value of SMSF assets has climbed to $892 billion during the 12 months to March, according to the latest ATO statistics.
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ATO responds to GST case involving SMSF

The ATO has issued a decision impact statement on a recent decision that determined whether an SMSF was liable for GST on the sale of subdivided lots.
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Tax tips

The more detail you can give your accountant the quicker your tax return can be processed and, usually, the better the outcome. The following will help.
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Super Contribution Changes starting 1 July 2022

From 1 July 2022, there will be changes made to super to make it easier for Australians to grow their retirement savings.
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Using trusts: Keeping it in the family

Trusts are used to hold assets for various reasons, but most typically for tax planning and asset protection purposes. Here's a little more insight into how trusts work.
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Work test changes open up TBC strategies for couples

The contribution changes coming in on 1 July will provide more time for spouses in SMSFs to even up their balances and maximise their transfer balance cap, according to an advisory firm.
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