| As we bid farewell to Summer and welcome Autumn, we must prepare ourselves to embrace a new season full of change.
As such, our March eNewsletter is designed to provide you with guidance on the evolving financial landscape, starting with advice regarding a number of important policy amendments that will begin to shape 2017. These changes include the recent superannuation reforms that will come into effect on July 1, 2017, in addition to the changes to the Asset Test threshold which took place on January 1.
Growing debt can be extremely difficult to manage. As consumers, we are sometimes blinded by our many purchase desires, therefore we must be cautious of how much debt is too much to handle. Overall, it is critical that we find the right balance between our wish list, and our ability to pay for it.
If your personal or financial situation has significantly changed over the last year, then it's important that you consider reviewing your current insurance policy. This is critical in ensuring you, your family and your assets or business are appropriately protected if an accident or an unfortunate event was to occur.
In late 2016, the case of Winday International Pty Ltd vs. Chief Commissioner of State Revenue raised a number of important questions regarding the use of 'service entities' in providing practice management-type businesses with shared services. As such, it is now imperative for businesses to review their current arrangements to ensure they do not trigger any potential tax liabilities in the future.
Finally, over the past three years, Findex has enacted a major initiative to implement the infrastructure required to effectively support the rollout of Family Office, an entirely new financial offering now connecting over 120 advice offices across Australia and New Zealand. Now in full flight, it's time for you to discover the full potential of Family Office, and garner a greater understanding of how it can help aid you on your financial journey. |