IFC Articles
A Guide for SMEs on Demystifying Vehicle Expenses, Car Allowances, and Logbooks
Navigating the complexities of car allowances and logbooks can be daunting for small business owners.
A Guide to Working From Home Tax Deductions for Business Owners
In recent years, the rise of remote work has become increasingly prevalent, with many Australian small business owners transitioning to home-based offices, as well as many new ventures beginning from a home-office base.
Preparing your family trust for EOFY
With less than a month to go before the end of the financial year (EOFY) rolls around, some important tasks need to be completed for family trusts.
Understanding the settlement process when buying a home
What is settlement? Property settlement is a legal process that is facilitated by your legal and financial representatives and those of the seller. It’s when ownership passes from the seller to you, and you pay the balance of the sale price.
ASIC warns consumers to just hang up on superannuation cold callers
ASIC urges you to hang up on cold callers and scroll past social media click bait offering to help you compare and switch super funds.
Develop an investing plan
Planning is the key to successful investing. Creating a plan will help you find investments that fit your investing time frame and risk tolerance, to help you reach your financial goals sooner.
When you can access your super early
You can access your super early in very limited circumstances, including to pay certain expenses on compassionate grounds, as well as terminal illness, incapacity and severe financial hardship.
Transitioning into retirement: What you should know
If you’re close to retirement, chances are you’ve already spent time thinking about how to tap into your superannuation when you retire.
Tax Alert June 2024
Tax cuts ease the message of greater ATO oversight
Markets love certainty, but what happens next?
Financial markets can be like finely tuned racehorses, poised to gallop ahead under ideal conditions but often highly reactive to unexpected events.
The potential estate complexities of dying without a will
Having a legally valid will can go a long way to avoiding disputes over the division of your assets.
The Federal Budget Analysis 2024-25
What does the Federal Budget mean for me?
Treasurer Jim Chalmers has high hopes that his 2024 Federal Budget will rein in inflation earlier than expected, ease cost-of-living pressures and build a stronger economy in the future.
The 5 big issues facing business owners in 2024
As 2024 kicks off, Australia’s two million plus small business owners face fresh economic challenges and a whole new world of game-changing technology. Those are the findings of the second annual The Big Small Business Survey, conducted by five Australian business owners (including me), writes Katrina McCarter.
Is it time for bonds to shine?
To say that it’s been a challenging period for bond investors for the best part of a decade, is not an exaggeration. If we cast our minds back to 2008, the world was in a precarious situation as the Global Financial Crisis took effect. Central bankers were busy thinking of ways to avoid a deep global recession or worse, a depression.
Why many retirees are underspending
After accumulating superannuation savings over multiple decades, many retirees are fearful of spending too much. When it comes to life in retirement, many Australians are probably being more frugal than they need to be.
Searching for your first home
Deciding what you really need. Buying your first home can be a mix of excitement and apprehension. With solid preparation you can make the experience less stressful and more productive. Here are some of the things to think about before looking for something to buy.
Self-managed super fund (SMSF)
A self-managed super fund (SMSF) is a private super fund that you manage yourself. SMSFs are different to industry and retail super funds.
How to protect your finances after redundancy
Understanding your redundancy payout. According to ASIC, a redundancy payout can be made up of any of the following: a severance payment, an incentive payment, a payment in lieu of notice or unused annual leave and long service leave.
Four timeless principles for investing success
Investing success can mean different things to different people. Being clear on what success means for you is key to mapping out your plan.
Combat cost-of-living hikes and keep saving
Cost of living pressures coupled with rate rises have made it more difficult to save for a home deposit and afford the lifestyle you’ve either become accustomed to or are dreaming of.