Happy Thursday everyone.
Just another friendly reminder that this Blog will be shutting down and shifting over to my new and improved site very shortly. Please feel free to head on over to my Bounce Financial page and subscribe to the blog over there.
I look forward to seeing you over there soon.
Some people I know are currently going through the messy asset splitting stage and to be honest, I don’t envy them one bit. Whilst splitting assets can seem black and white to some degree, when you throw in emotion, and kids, things can get very grey, very quickly.
Family law treats superannuation as property that can be divided too, even if you have separate accounts. It’s important to note however that it isn’t necessarily 50/50. When deciding on fair splits, the following factors will be taken into account: Continue reading
This is a guest post from Ben Brett
If you believe the television, getting life insurance is as easy as picking up the phone and speaking to a beautiful young telephone operator who appears to be working in one of heaven’s serviced offices. She is happy to take your call, wants to only ask you a few questions and is smiling so widely you can almost feel the hug coming down the telephone line. Sadly, as somebody who has spent many years giving complex legal advice to insurance companies, I can assure you obtaining (good) insurance is not this easy.
The process of providing insurance is a business Continue reading
I have some sad news, carabrettfinance.com will be no more shortly. Not to worry, I’ll still be doing the same finance posts over at my new site: Bounce Financial.
To subscribe over at the new site, just click the link and head on over, we’d love to have you: Bounce Financial Blog
Any questions, feedback or otherwise, feel free to send me an email on firstname.lastname@example.org
I hope to see you over there!
For those who don’t know, from 1 July (last week), the new minimum requirements for superannuation payments have increased from 9.25% to 9.5%. That means that your employers will now be paying your superannuation payments at a higher rate.
Is this a good thing? You bet it is. More money in your super is a never a bad thing.
For most people, you won’t even know about it. The payments just go directly to your super fund and at most, you might glance Continue reading
Given that it is 30 June I thought I would quickly address the difference between a tax deduction and a tax offset, and point out what you should be claiming on this financial year. I find that a lot of people get the two of these mixed up, so I’ll clarify this for you today.
A tax deduction is an amount that you reduce from your overall taxable income.
A tax offset is an amount that you reduce Continue reading