North Advisory Accountancy Blog | North Advisory - Part 6
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    North Advisory Accountancy Blog

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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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    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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    It’s time to diversify

    Posted October 14, 2019 by North Advisory

    As part of our personal wealth management services we can help you make the most of your savings or your current investments.
    Diversification is all about spreading the risk of your investments across a range of different asset classes to create a well-balanced portfolio. We don’t want to put all your ‘financial’ eggs in one basket!

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    The importance of your business structure

    Posted September 17, 2019 by North Advisory

    Determining the correct structure for your business is one of the most important processes you can undertake. It’s crucial that you select the most appropriate structure for your circumstance. We can provide you with guidance and help you set up your business so that it can truly succeed.

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    Uber travel expenses not FBT-exempt

    Posted July 29, 2019 by North Advisory

    The ATO has clarified that any benefit arising from travel by taxi, and not a ride-sourcing service, by an employee is exempt from fringe benefits tax (FBT) if the travel is a single trip beginning or ending at the employee’s place of work.

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    Personal income tax cuts now law

    Posted July 8, 2019 by North Advisory

    The Bill containing the three-stage personal income tax cuts package completed passage through parliament and is now law.

    The Treasury Laws Amendment (Tax Relief So Working Australians Keep More Of Their Money) Bill 2019 has received assent as Act No 52 of 2019 and fully implements the measure announced in the 2019 Federal Budget.

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    On 1 July 2019 your insurance cover may be changing!

    Posted June 6, 2019 by North Advisory

    In February this year, the Government passed legislation which prevents trustees of APRA-regulated funds from providing insurance to members with inactive superannuation accounts, unless a member has directed otherwise.

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