Tax Considerations for SMSF Property Investments
Investing in property through a Self-Managed Super Fund (SMSF) offers numerous benefits, but it’s crucial to understand the tax (and other) implications involved. Here are some key considerations for SMSF property investments (and for personal input to your SMS questions, message me direct). 🔍 Important Tax Points: ➡︎ Capital Gains Tax (CGT): SMSFs […]
Successfully Negotiating with the ATO: Insights and Best Practices
Negotiating a tax debt with the ATO can be daunting, but with the right approach, you can achieve favourable outcomes. Here are some insights and best practices to help you navigate these negotiations effectively. 📝Our 4 Key Strategies for Negotiating Tax Debt: ➡︎ Preparation is Key: Gather all relevant documentation and understand […]
Tax Debt in Australia: A Growing Concern
Tax debt in Australia is on the rise, with significant implications for businesses and individuals alike. As reported by ABC News in March, total collectable debt owed to the ATO soared to $52.4 billion by December 31, 2023, doubling from $26.4 billion in 2019. Small businesses shoulder a substantial burden, accounting for $34.1 billion, or […]
Navigating Tax Debt Refinancing for SMEs: Secure Your Business’s Future
Tax debt refinancing can feel overwhelming, especially for busy SMEs focused on daily operations. An ABC News article highlighted its crippling effect on Australian SMEs, often pushing them toward financial distress and uncertainty. But there’s hope amidst the complexity. Understanding your financial figures is crucial: ➡︎ Face the Numbers: Don’t ignore the situation. […]
SMSF Financing: Navigating the Path with Care to Avoid Common Pitfalls
Self-managed super funds (SMSF) offer a unique opportunity for Australians to take control of their retirement savings and use them to invest in property. However, the journey of SMSF financing is fraught with potential missteps that can impact your financial future. At Finselect, we’re committed to not just facilitating SMSF loans but ensuring you navigate […]
Featured in Australian Broker: Pepper Money on fostering a culture of success
Delighted to have been featured in this Australian Broker article with Pepper Money ANZ. The non-bank’s emphasis on fostering a relationship-centred corporate culture has substantially enhanced client services for brokers. I commend Pepper Money for its commitment to cultivating a culture of innovation in lending. Personally, I’ve witnessed how Pepper Money’s solutions have truly made […]
