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Fixed vs variable rates, which is better?

Our first episode of FINANCE FRIDAY is here and Mick Doyle, Accountplan‘s Finance Manager, talks you through the differences between fixed and variable rates, looking to answer the question – fixed vs variable rates, which is better? Accountplan is coming to Farm Fantastic this coming 2nd-4th March, at Caboolture showground. If you have any questions about your home…
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January Newsletter

January Newsletter

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ATO Update 2018

ATO: New Targets for 2018

ATO READY, AIM, FIRE. The new year brings businesses the opportunity to review past performance, set new targets and make action plans for the year ahead. The Australian Tax Office (ATO) is no different and Australian Tax Commissioner Chris Jordan has given the Chartered Accountants publication, Acuity, a first-hand account of the targets and action…
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Farm Fantastic 2018

Heading to Farm Fantastic, We’ll See You There!

From the 2nd – 4th March we’ll be attending the annual Farm Fantastic Expo at the Caboolture showground.

Accountplan December Newsletter

December Newsletter

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Self-Service Super Contributions

Self-Service Super Contributions

NEW OPPORTUNITY TO BUILD WEALTH The 1 July 2017 super reforms have opened up a fantastic new opportunity to build wealth in super and reduce your tax bill at the same time. That is, it’s now easier to claim a tax deduction on your personal super contributions than ever before.

Secure Your Child's Education

Securing your child’s education

Giving a child a good education is one of the best things you can do as a parent or grandparent. But what if you weren’t around to help make it happen? Fortunately, you can put plans in place in your Will to make sure your children’s or grandchildren’s inheritance goes towards their education.

What’s in a Company Name?

An ASIC registration is no guarantee  Every business owner understands how critical their trading name is in distinguishing their business, products, services and brand from competitors. What many seem to have lost sight of, however, is how vulnerable that name can be, even if it’s registered with ASIC. 

A Caravan To Call Home

Whether you’re looking for a holiday away from the daily grind or a longer adventure as part of your retirement plans exploring this great southern land is a must. From the aqua blue waters of the Great Barrier Reef to the breathtaking burnt red of our rich, dusty centre, caravanning is a great way to…
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Merry Christmas

Merry Christmas to you

From all of us here in the Accountplan team, we’d like to thank you for your support this year. We wish you all a very Merry Christmas and a happy New Year and look forward to working with you in 2018. CHRISTMAS CLOSURE DATES Accountplan will be closed from Friday 22nd December, returning for the…
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November Newsletter

November Newsletter

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How Working With a Bookkeeper Will Change Your Business

How Working With a Bookkeeper Will Change Your Business

Why would your Accountant be suggesting that you also work with a bookkeeper? Surely your Accountant is looking to save you money, not recommending you add in another cost to managing your financials? But adding a Bookkeeper like Warren to your business support team will actually save you money.

10 Questions To Ask A Mortgage Broker

Ten Questions To Ask A Mortgage Broker

Using a mortgage broker to help you choose a home loan can save you considerable time and could result in huge savings. However, before you decide on a broker, you need to make sure they’re going to meet your needs. Here are 10 questions to ask and how our Finance & Mortgage Broker, Mick Doyle,…
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Debt: Signs you're in too deep and what to do about it

Debt. Signs You’re In Too Deep And What To Do About It

Are your purchases costing you more than you expected? Managing debt and finances to meet your day-to-day requirements as well as your long-term goals can be a complex task. Not all debt is bad, but understanding your level of debt, as well as the type of debt incurred, will help you manage it better. Borrowing…
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Why Every Business Needs A Bookkeeper

Why Every Business Needs a Bookkeeper

Do you own your own business? The hair salon of your dreams, the plumbing service you knew you could do better or the business coaching consultancy that you’ve been wanting to run for years? Now, do you work with a bookkeeper? Running a business is harder than it seems and more work than every business owner…
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October Newsletter

October Newsletter

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What you need to tell the ATO about your SMSF

What you need to tell the ATO about your SMSF

The 1 July 2017 superannuation reforms introduced a new reporting regime for funds. Funds now need to advise the ATO of key events within the fund that impact on retirement income streams (pensions):

7 THINGS TO LOOK FOR IN A BROKER

Seven things to look for when choosing your broker

A good mortgage broker can be the key to your property portfolio success. Here’s seven things to look for when choosing your broker. When it comes to one of the biggest financial decisions you’ll ever make, it pays to have some professional help. But how do you find a good mortgage broker, and what can…
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Life insurance explained

Are you the ‘better safe than sorry’ or a ‘she’ll be alright’ type when it comes to insurance? Many people view insurance protection as a ‘waste of money’ or ‘an ongoing cost that you don’t get anything back from’? Shockingly, many people are more likely to insure their car than they are their lives.

The essential ingredient to a financial plan

The essential ingredient of a financial plan

Here’s a recipe for a basic financial plan: Take one or more income sources and pour into a big pot. Add appropriate amounts of life, income protection and permanent disability insurance. Simmer for a few decades while slowly adding superannuation contributions and a dollop of non-super savings. Stir in some constructive debt, but take care…
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September Newsletter

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Borrowing to invest within your SMSF

Borrowing to invest within your SMSF

Self-managed superannuation funds (SMSFs) open up a whole new world of investment opportunities for your retirement savings, including direct property. But what if you simply don’t have enough money in super to buy an asset outright?

What you need to know about refinancing

A home loan is generally a long-term proposition, but in some situations it can make sense to refinance your mortgage. Read this guide to the refinancing process, and speak to your broker, before deciding whether it’s right for you. Refinancing involves taking out a new mortgage and using those funds to pay off your existing…
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Refinancing could save you thousands

And give you great flexibility. It’s often said that Australians are more likely to divorce their spouse than switch banks. But with plenty of competition in the home loan sector, refinancing can be a good move.

Home Loan Tips

Smart tips for paying off your home loan sooner

Wondering how to pay off your home loan sooner? We look at some smart tips for paying off your home loan sooner. Australian home loan interest rates remain at historic lows, and the opportunities for paying off a mortgage early are better than ever. Used in conjunction with low rates, here are some extra steps…
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Contributing downsizer proceeds to super

Contributing downsizer proceeds to Super

The “downsizer contribution” is proposed to allow individuals to contribute up to $300k of the proceeds from the sale of a residence owned by a person or their spouse to their Super. The property must be located in Australia and have been owned by the individual, their spouse or former spouse for at least a…
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What lenders look for in a borrower

What do lenders look for in a borrower?

It’s true the method used to arrive at a credit decision by lenders, for a finance application, will differ from bank to bank. It’s also true that the method will differ greatly depending on the type of finance (or loan) being sought. The greatest truth however is that all methods are based on, or derived…
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Do I need a family trust?

Do I need a family trust?

There are many reasons to consider setting up a family trust but it is important to understand what they are and what benefits they can provide before making the move.

March Newsletter Accountplan Redcliffe

August Newsletter

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Impulse Buying

Beat the urge to splurge The urge to buy something on impulse can be strong for a lot of reasons – it’s a bargain, you deserve it, or just because it’s right there. However, impulse buying can become a problem if it means you spend more than you earn. Here are our tips on how…
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So What is Going on With Home Loan Rates?

Over the last 6-12mths we have seen dramatic movements in Home Loans rates, both up and down, and all movements have been independent of any changes to the official rates by the Reserve Bank.  Why ??

ATO’s 2017 Audit Hot Spots

For Individuals The ATO is increasing their audit focus on the following areas:

March Newsletter Accountplan Redcliffe

July Newsletter

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Get organised for tax time

DOWNLOAD HERE > AccountPlan_Individual_Tax_Checklist

Pre-June Essentials for Your Super

It is fast approaching the 30th of June so now is the time to run through a checklist of what you need to do prior to the end of the financial year.

Express Vehicle Financing

One of the more common strategies used by business owners to reduce tax is to purchase a car before the end of the financial year. This often sees lenders completing up to 1/3 of their entire year’s vehicle finance budget in the last 6 weeks of the financial year. Thankfully the last minute stress and…
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Last Minute Tips to Reduce Tax

So it’s the first week of June and you’re probably thinking that it’s too late to do anything material to reduce your tax before June 30. Right??  Wrong!! It’s both obvious and true that like any other life endeavour nothing usually beats a combination of great advice followed by a commitment to work to a…
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Budget Edition

Every year news outlets flood us with information about changes in the budget, all manor of issues are covered and their consequences for individuals and businesses are highlighted to all. As can be the case with news media, some of the information is sensationalised and some of it complex so the truth, the actual impact…
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SMSF Trustees – Corporate vs Individual?

In Australia, around 77% of SMSF’s currently have individual trustees. However, the case for using a corporate trustee is growing stronger and we are now seeing an annual shift away from individual trustees. In this issue, we investigate some of the reasons why this is the case:

Lending to SMSF’s

Changes to superannuation laws in 2007 provided SMSF’s the opportunity to borrow for the purpose of acquiring a single asset (such as a commercial or residential property) through their SMSF. If the SMSF has a deposit that meets the lenders requirements the lender will provide the balance of the purchase price. Legislation requires that the…
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Growing Your Super Nest Egg

To retire comfortably, your employer’s 9.5% contributions to your super may not be enough. By making extra contributions, you will boost the amount of super you have when you stop working. The key though is to start now so you can relax later. Why grow your super? There are lots of good reasons why you…
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March Newsletter Accountplan Redcliffe

May Newsletter

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Pension Changes

More than 300,000 part-pensioners will either suffer a cut in their payments or lose access under new asset test rules coming into effect on 1January 2017. Under the deal struck between the Coalition and the Greens, more than 90 per cent of pensioners will be better off or have no change to their payment.

Capital Works vs Repair

You can claim a deduction for repairs and maintenance to your property as long as they are not capital expenses. Many landlords forget about the new tap or roof repair as their primary focus is on the rental returns and capital gains.

To Fix or Not to Fix?

If you put all of the Australian banking economists into a room and asked them to come to a consensus on interest rates the likelihood is you would not get one. How then are us regular punters supposed to get it right when the time comes to make a decision on our own interest rate…
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March Newsletter Accountplan Redcliffe

March Newsletter

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