Accounting Best Practices for Sustaining Intergenerational Wealth
Australia is on the cusp of its largest intergenerational wealth transfer, with over $3.5 trillion expected to change hands by 2050. However, without strategic planning,
Australia is on the cusp of its largest intergenerational wealth transfer, with over $3.5 trillion expected to change hands by 2050. However, without strategic planning,
Passing on more than just assets Transferring wealth isn’t just about who gets what. For business owners and families alike, it’s about preserving value, minimising
Divorce is one of life’s most significant turning points. Emotionally, legally and financially. As you navigate separation, it’s not just about splitting assets. It’s about
How self-funded retirees can access hidden benefits and smarter investment options The Commonwealth Seniors Health Card might be the most underused benefit for retirees, and
Can you save on tax by switching to an electric vehicle? Jason Featherby may have been off on a well-earned break, but his seat was
Australians love their coffee – but at what cost? 75% of the population drinks coffee, and nearly 30% of us consume more than three cups
Can money buy happiness? Or does it just buy a better brand of stress? While financial security is essential, research suggests that beyond a certain
Negative gearing and capital gains tax have become hot topics again, with recent discussions about potential policy changes reigniting debate. While the Albanese government has
Federal Budget 2025/26 – What Does it Mean for Businesses? The FY26 Federal Budget delivers a mix of continuity and change for businesses, with a
Federal Budget 2025/26 – What Does it Mean for Individuals and Families? The FY26 Budget aims to provide modest financial relief while keeping inflation in
The Australian Taxation Office (ATO) recently announced a new data-matching program that will have significant implications for company directors across Australia. This initiative, detailed in
Many people like the idea of setting up a SMSF to buy an investment property. Unfortunately, the ‘vultures’ have targeted this segment since the rules
The new rules apply from 1 July this year and allow the ATO to fine you and require you to rectify the mistake that has
Superannuation contributions splitting is a means by which couples can share in the benefits of superannuation over their working lifetime by allowing a member of
The end of the financial year always seems to crop up faster than it should. Understanding what you could do before and after 30 June
1. Spouse contributions The spouse super tax offset allows higher earning taxpayers who contribute super for their non-working or low income earning partners to be
Here is a list of tax tips for property investors: 1. Renovations by previous owner Individuals may be eligible for a deduction for depreciation on
1. Bad debts Bad debts are taxable sales that have been overdue for 12 months or more and have no chance of being recovered. It
Budget Overview This week the Treasurer tonight handed down his first Budget and a first Budget since the change of Government in the last election.
Heading into the New Year we have greater conviction that Australia’s pace of economic growth can accelerate in 2014. Therefore, we expect to see further
We are delighted to announce the appointment of our newest Director to Knight Financial Advisors, Peter Farlie. Peter joined Knight Financial Advisors in March 2006 after
As employees look forward to celebrating the year gone by, employers should not lose sight of their responsibilities. It is easy for staff to become
As the festive season approaches, many businesses may be starting to plan Christmas functions and thinking about offering their staff, clients and suppliers Christmas gifts.
Unusually long operating hours, public holidays and demanding customers can be a recipe for disaster. The best way to avoid the holiday period chaos is
The new Director Penalty Regime came into place in June 2012. It once and for all clears up any suggestion that a director can have
The holidays are a vital time for small businesses to market their brand effectively, or risk being drowned out by the sea of competitors. Despite
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