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Using losses on overseas investment income against Australian income

April 13th, 2011 | Accounting News, Consumer News, Financial Planning News, Legal News, Tax Advice and Updates Any loss you incur from a negatively geared overseas property can be applied against your Australian domestic income. Negative gearing refers to borrowing money to invest where the return from the investment is less than the borrowing costs.

Superannuation: what percentage of your income should you save for your retirement?

June 2nd, 2010 | Consumer News, Financial Planning News Superannuation is one of the most tax-effective ways of saving for retirement.  But it is important to ensure that you save enough money to live comfortably. For most people, after their home, superannuation will be the largest asset they have once they finish work.

Should a Small to Medium Enterprise (SME) own or rent its own premises?

December 6th, 2010 | Accounting News, Financial Planning News, Legal News, Small Business News The challenge of deciding between buying and renting your business premises is one that faces many small business owners.  Since this is one of the biggest financial decisions you will make, it is important to take into consideration the advantages and […]