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AdviceCo to be a major supporter of Cerebral Palsy Alliance expansion on the Central Coast
Cerebral Palsy Alliance has a therapy center in Tuggerah that is bursting at the seams. Those who require support on the Coast far outnumber the capacity of the facility, so it is with great excitement that an additional new therapy center is being established on Karalta Rd, Erina. It is supported by a number of…
Read MoreMarket Update
US elections and daily pandemic updates, are dominating the news headlines. With this constant flow of information, investors must be focused on their long-term goals and learn to tune out the noise of the crowd. Following the sharp falls in February and rebound in March, the markets have been fluctuating daily mostly in a positive…
Read MoreFederal Budget 2020 – What it means for you
Budget night is always full of opinion and commentary, sometimes it can be difficult to identify the facts. We’ve cut through the noise to highlight the items that we think will affect your hip pocket… Individuals: Income tax cuts Low-and middle-income earners who earn below $180,000 will see a tax cut equaling between $500-$2,745…
Read MoreSuperannuation Guarantee on Ordinary Time Earnings (OTE) – What’s in and what’s out?
Should you pay superannuation on Christmas bonuses? What about sick leave or termination payments? What counts as superannuation on ordinary time earnings (OTE) can cause employers to slip-up, and mistakes can be costly. This checklist will help you to stay between the lines … Payment Salary or wages Ordinary time earnings (OTE) Awards and agreements…
Read MoreFinancial Planning Week 5-11 October
From 5-11 October, Financial Planners like us will acknowledge Financial Planning Week. It’s a chance to remember that sensible and careful planning enables people to build, afford and protect the life they want to lead. To mark the occasion, we are offering a series of complimentary Financial Discovery meetings to the first 15 applicants. Getting…
Read MoreThe superannuation guarantee amnesty ends on 7 September
Employers have until 7 September to disclose previously unpaid superannuation to the ATO. 860,000 Australian businesses have been contacted by the ATO to remind them to fulfil their superannuation guarantee obligations. Here are some details from the ATO: Eligible disclosures will not incur the administration component ($20 per employee per quarter) or Part 7 penalty. In…
Read MoreJobKeeper – Changes and eligibility beyond September
First, we heard that JobKeeper would be extended beyond 27 September 2020 to 28 March 2021. This has been dubbed JobKeeper 2.0 and included some changes from the original format. Then we heard that the format was revised in response to the COVID-19 crisis in Victoria. Here is what you need to know from Treasury…
Read MoreFinancial and professional well-being at a time like this
How are you? No doubt you’ve been affected by COVID in some capacity. From a professional and financial perspective, there have been many pressures. We want to say that we get it. And we want to share these valuable resources that may help to maintain financial and professional wellbeing at a time like this. If…
Read MoreJobKeeper: Extension and Eligibility to March 2021
The government has today announced an extension to the JobKeeper Payment, as well as changed business eligibility terms. Extension period The scheme is being extended beyond the original date of 27 September 2020 to 28 March 2021. Changes to the payment For the October-December Quarter there will be a 2-tier entitlement: $1200 per fortnight for…
Read MoreThe EOFY like no other
We know this EOFY is a little different. The past months have brought drought, fire, flood and pandemic. It’s the stuff of fiction. We hope you and your family are OK. This date marks an opportunity to start afresh. When projecting and planning, it’s important to be prepared for any number of possible scenarios, and…
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