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Get your tax money now
The majority of property investors look forward to tax time, gathering their information together as quickly as possible so they can get in to see their accountant and receive their tax refunds from their negatively geared properties, but what if I told you that you didn’t need to wait until tax time to get this money?
... read moreDo you have your Estate Planning up-to-date?
Long gone are the days of preparing a will and locking it away in the safe or bottom drawer! Whether it be at the completion of this years’ tax return, or when you change the batteries in the smoke detector, every year you should dust off your estate plan and update it for the inevitable changes that most likely will be needed.
... read moreTrusts – You Must have a Corporate Trustee
he last 3 decades have seen a substantial growth in the number of people in Australia establishing trusts. The benefits of such an arrangement have been largely touted by professionals around 2 areas - asset protection and tax benefits.
... read moreEstate Planning Back in Focus
New legislation is being developed to give Victorians greater control over what medical treatment they receive in the future. Some of the key changes that have been proposed include;
... read moreCash rate reduced to historical low of 1.5%
Earlier this afternoon the RBA reduced the cash rate to a new all-time historical low of 1.50 per cent.
... read moreAsset Protection Strategy – Gift & Loan Back
Asset protection strategies for our clients are a very big issue. At Paris Financial we lead the way in structuring our clients for asset protection and tax effectiveness. Many business owners and high wealth clients benefit from the structures we put in place for them, providing protection for their assets and ensuring substantial tax savings over the long term.
... read moreWhat you can borrow or what you should borrow?
The amount you can borrow and the amount you should borrow are sometimes two very different things. Before you apply for a home loan, it makes sense to realistically assess your financial situation. Here’s how to do it.
... read moreEconomic Update - June
As mentioned in the last edition of Market Watch, the Reserve Bank of Australia (RBA) cut the official cash rate from 2% to 1.75%, a new all-time low, at their May meeting. The next RBA Board meeting is 7 June 2016.
... read more