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self managed super fund brisbane, gympie and bundaberg

How To Ensure A Swift And Successful Self-Managed Super Fund

Self-managed super funds (SMSF) are a way to save for retirement. They are usually established by an individual or family as a means of looking after their own super savings. The operative word (or words) is self-managed. An SMSF needs to be managed in order for it to be successful. It shouldn’t just be left – that is not really different to putting money into an interest-bearing savings account. Here are some expert tips from Charter Partners for a successful

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calculating tax cuts in Australian recession

The latest tax cuts and how it will affect you in the recession

With the recent news that Australia has officially fallen into a recession after two decades of profitable growth and the new announcements of tax cuts, accounting advice is more important now than ever. Speaking with the ABC, Treasurer Josh Frydenberg has announced proposed personal tax cuts being brought forward in the vicinity of $158 billion for Australians. While the cuts were scheduled for mid-2022, they have been brought forward to ease the growing financial tension on Australians and help to

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SMSF Investing In Unit Trusts - Charter Partners In Brisbane

SMSF Unit Trust Investments

A brief overview of the ways an SMSF may utilise the popular investment vehicle the unit trust to invest and hold the assets of the fund. Here is the Charter Partners take on a recent article by Dan Butler (DBA Lawyers) recently published in Self Managed Super Magazine (full article see https://smsmagazine.com.au/news/2019/08/05/smsf-investments-via-unit-trusts/ ).   Unit Trust – Introduction Unit Trusts are an investment vehicle that allows for multiple investors to share ownership of a specific investment or portfolio of investments

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EOFY

11 Steps to help make the next Financial Year for your business a good one.

We are all familiar with New Year’s resolutions. Time to reset and get ready for the coming year. Well as small business owners the End of Financial Year (EOFY) provides a similar opportunity to review the status and reset the direction of your business. To help jumpstart this process, CPA Australia has put together a list of 11 resolutions that all small businesses would be well served by. Charter Partners is a strong advocate for this type of planning for

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Workers renovating apartment

Property Renovations: 5 tax tips to maximise profits

Renovating properties is clearly a popular way for many people looking to increase the value of a property they own. How popular? Well, a simple google search of “property renovation tips” returned 50,400,000 results. People really see the need to get great information on tips and the latest trends. We certainly agree that it is important to get expert advice on the “how to” when it comes to renovating and Google may well be a great starting point. But let’s

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Federal Budget 2019-20 Update

Happy Budget! Charter Partners has compiled this guide to the 2019-20 Federal Budget which was handed down last night by the Treasurer Mr Josh Frydenberg identifying the issues that are likely to affect our clients. This report contains a highlights section (like the cheat sheet for an exam or a Shakespeare play – remember the “old School Days”) and the “nitty gritty details” for those who like to get down and dirty. Charter Partners acknowledges both CPA Australia and Wolters

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