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TAX TIPS FOR PROPERTY INVESTORS 2017

The Garis Group
Property
  As we approach the end of the 2017 financial year, property investors should consider some measures to minimize the amount of tax that they pay and to prepare for the 2017/18 financial year. We will outline some tips below and if you wish to discuss any of these items further please call us on…
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5 Ted Talks to Unlock Your Success in Business

The Garis Group
Insight
Who doesn’t want to be successful? Exactly, and that’s our goal: to help you be personally and professionally, successful. To save your time and deliver on our promise, we’ve selected the best 5 TED talks on the subject. If you ‘successfully’ watch them all, we’re confident you’ll be a step closer to unlocking your full…
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THE $20,000 INSTANT ASSET WRITE OFF ENDS 30TH JUNE 2017

The Garis Group
Money Talk
  The Federal Government’s recent change to the corporate tax rate for small business was finalized on the 31st March after a hard fought campaign that required support from minority parties for the government’s plan. As projected in last years’ budget, the Ten Year Enterprise Tax Plan, provides for a number of significant tax changes…
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MAX YOUR REFUND

The Garis Group
General
As we approach the end of the financial year, Australians begin to direct their attention to their tax returns and what they might be able to save in tax or boost their refunds. In a large number of cases, Australians are still having difficulty in getting it right. According to Scott Bailey of ITP, a…
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AUSSIES SAVINGS AT DANGEROUS LEVELS

The Garis Group
Money Talk
  In a recent financial industry survey by Map My Plan, it was noted that more than one third of Australians are holding levels of savings at precarious levels. The report noted the following; 1. 36% of working Australians could only access $1000 or less in the event of a financial shock such as a…
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THE CASH ECONOMY AND THE AUSTRALIAN TAX OFFICE

The Garis Group
General, Money Talk
  It has recently been revealed that the ATO will again begin a program to review operators in Australia’s cash economy. The program is to begin in Perth and Canberra with tax officers visiting hundreds of restaurants, cafés, hair & beauty salons & other small businesses including building & construction businesses that have ready access…
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SHOULD I PURCHASE A PROPERTY THROUGH MY SMSF?

The Garis Group
Property
  Any thought of acquiring a property with your Self Managed Super Fund (SMSF) needs to undergo a rigorous analysis of whether this is an appropriate thing to do with your retirement savings. The following are a list of factors to consider in this process particularly where borrowing is involved. 1. Is it the right…
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