Super Government Co-Contribution entitlements mean that for low income earners the government will subsidise specific contributions. Changes to super contribution limits at 1 July will reduce the amount you will be able to contribute to super. Therefore should additional contributions be made before 30 June 2017? If you make any personal Superannuation contributions ensure that [...]
Personal Tax From a personal taxation perspective there were few changes of any material nature coming out of the budget. The most important point to note is the proposed increase in the Medicare levy from 2.0% to 2.5% on 1 July 2019. Top personal tax rates will also increase at the same time. Small Business [...]
We are pleased to inform you, that through his long-standing relationship with the SMSF Association, Craig Banning has been invited to speak at a very important summit later this month. The Women, Super and Wealth Summit presented by the SMSF Association, FSC and proudly sponsored by the Commonwealth Bank will address a critical issue facing [...]
A YEAR OF CELEBRATION & SUCCESS Welcome to our annual newsletter for 2016 2016 marked the 25th year we have been in business and a number of you have been with us since our very first year of operation in 1991. This is something that we are extremely proud of. We now have a number [...]
Navwealth Financial Services works with clients to ensure that they reach their destination in life on purpose, and not by accident. To view the video please CLICK HERE or on image below:
We are very pleased to advise that Navwealth has just been selected as a finalist in the AFA Practice of the Year award. This award recognises the development of business models in which innovation and best practice are driven by the principals, to manage the performance of their practice and address industry changes. The AFA Practice of [...]
We recently found the following article on www.financialstandard.com.au and thought we would share it with you. HNW (High Net Worth) investors value role of advisers The Legg Mason 2016 Global Investment Survey revealed that a growing number of Australians are seeking financial advice and place a considerable amount of trust in that advice. Legg Mason [...]
In his most recent Oliver's Insight, Dr Shane Oliver discusses the Brexit referendum to take place this Thursday. The key points are as follows: Uncertainty around the outcome of Britain's referendum on whether to Remain in or Leave the European Union has reached fever pitch. While a victory for the Leave campaign will likely see more [...]
2016 Budget - Small Business a change to the definition of SMALL A small business is now considered to be one with turnover of $10 Million or less (formerly $2 Million), a significant increase in the base. Lower tax rates for small business for the 2017 financial year (27.5% rather than 28.5-30% for companies and [...]
INDIVIDUALS Super Government Co-Contribution entitlements means that for low income earners the government will subsidise specific contributions. If you make any personal Superannuation contributions ensure that you notify your provider of any contributions for which you intend to claim a tax deduction. Review your asset holdings in light of capital gains / losses incurred and [...]
