As the financial year draws to a close, many professionals find themselves in a familiar place: juggling tax planning, superannuation deadlines, and last-minute paperwork, while also trying to keep an eye on their broader financial goals.
As the end of the financial year approaches, many high-income earners are looking for strategic ways to reduce tax and grow long-term wealth. Superannuation remains one of the most powerful tools to do both—when used effectively.
It’s common for parents to give cash, cars, and even shares and property to their children. But how tax is applied — and who it’s applied to — differs across the board.
The Stage 3 tax cuts have finally come into effect. We explore a few alternatives to spending the money that might benefit you in the long run.
If you’re looking to invest for your child, you should know there can be major drawbacks to doing so in their name.
