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North Advisory Accountancy Blog

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Investing in the age of 24-hour media

Posted February 19, 2020 by North Advisory

There’s something empowering about living in this day and age – having the ability, with a few keystrokes or even a quiet word to Siri, to access.., well, anything. But it’s important to remember that what you read on the internet is not always a good basis for decision making.

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ATO receives five more years of policy details from insurers about ‘lifestyle assets’ like yachts, fine art

Posted February 6, 2020 by North Advisory

The Australian Taxation Office (ATO) today revealed it will be requesting a further five years’ worth of policy information from over 30 insurance companies about taxpayers who own marine vessels, thoroughbred horses, fine art, high value motor vehicles and aircraft.

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GST and drop shipping

Posted February 6, 2020 by North Advisory

If you use drop shipping for your business, GST will apply to sales of low value imported goods valued at $1,000 or less. Australian retailers should treat these sales the same as other domestic sales and apply GST at the point of sale.

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Five resolutions to support your financial future

Posted January 28, 2020 by North Advisory

A new year, a new decade… the perfect time to embrace some new resolutions that can help set you on the right path for a secure financial future. Making small behavioural changes today can create a massive difference to your financial position in years to come.

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Business planning for 2020

Posted January 16, 2020 by North Advisory

Planning for the new year ahead is often daunting. From budgets and goals to increasing productivity and adjusting business structures, it can all become a bit of a blur. But gaining clarity about your business is the best way to set solid foundations for the future.

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Why is superannuation so important?

Posted December 16, 2019 by North Advisory

Did you know that as of 30 June 2019 the total balance of superannuation held within Australian funds was $2.9 trillion? With so much invested, it’s crucial that you know how your fund is performing and that you are proactively managing your future wealth.

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Advantages of a self-managed super fund

Posted December 2, 2019 by North Advisory

Self-managed superannuation funds (SMSF) are becoming increasingly popular and with good reason. We spoke to Cayle Petritsch, Director and Wealth Specialist, about the advantages of SMSFs and how North Advisory can help you take control of your future wealth.

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The right business accounting for Brilliant Digital

Posted November 18, 2019 by North Advisory

From the minute she met the team at North Advisory, Deb Croucher knew that she had found the answer to her business accounting needs. Over the past ten years they have helped her build her small digital marketing business, Brilliant Digital, into an industry leader.

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How much do I need to retire?

Posted November 8, 2019 by North Advisory

It’s never too early to start thinking about your retirement. Even if you are only in your 20s and just starting your career, it’s worthwhile taking the time to seek some retirement financial advice and make plans in order to achieve your goals.
The question of how much you will need depends on many variables, and the answer will be different for every person.

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Making the most of small business capital gains tax concessions

Posted October 21, 2019 by North Advisory

As a small business owner it’s important that you understand the capital gains tax (CGT) concessions available from the government. Martin van der Saag, North Advisory Founder and Strategic Advisor, discusses the different types of concessions available and how we can help maximise your eligibility.

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