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Helping you reduce tax, protect your interests, and grow your income as professional business advisors and accountants.
HOW TO MANAGE YOUR BUSINESS IN REAL TIME WITH AUTOREPORTS
Introducing our brand new FREE product: AutoReports. If you’re struggling to stay on top of your business KPIs in REAL TIME these fantastic reports are for you! And did we mention that they’re FREE and you don’t even need to be a client of Taggart & Partners to use them. Transcript Taggart: “G’day! Are you
Inventory Management Tips – Taking Stock to Avoid a Cash Crisis
I have been reading with interest the news of electronic retailer Dick Smith’s current 70% off sale. The assumption from such an extraordinary move in the weeks leading up to Christmas and beyond would have to be that they have significant issues with stock management, a cash crisis or both. I regularly advise my clients
CAN I ACCESS THE TAX BENEFITS OF NEGATIVE GEARING BEFORE EOFY?
If your negatively geared property is beginning to create some serious cash flow problems, there is a way you can access the large tax breaks it provides before the end of the financial year. Continue reading to learn about accessing the tax benefits of negative gearing before the EOFY. Specifically structuring an investment property to
Why Is Setting Up a Self Managed Super Fund So Popular?
I’ve had lots of feedback following my last blog on the government’s decision NOT to ban SMSFs from borrowing to buy property through Limited Recourse Borrowing Arrangements. (Updated Friday, 20 September 2019) For many people it still seems to be a very confusing topic and one that some may be a little wary of pursuing. Let
ASIC WARNS AUSTRALIAN BORROWERS ABOUT LENDING SCAMS
The Australian Securities and Investments Commission (ASIC) has warned about lending scams where scammers impersonating genuine Australian companies and Australian Credit Licence holders have been targeting consumers asking them to make upfront payments for loans that are never provided. Some victims have lost thousands of dollars after making a loan enquiry online. They general receive
ARE YOUR INVESTMENTS IN TOP GEAR?
I have been reading with interest the government’s response to The Murray Financial System Inquiry’s recommendations and in particular the response regarding self-managed superannuation funds. Continue reading if you’re interested in finding out more about how geared investment can fit into your investment strategy. (Updated Thursday, 30 January 2020) While the Turnbull government appears to