Families living together to provide support and care for one another is not a foreign concept, however as the need for assisted care increases so do the associated costs, conversely the ability to ‘age at home’ decreases.
Caught between the lack of adequate income return from safe Government bonds and bank deposits etc and the elevated risk of higher yielding traditional equities, investing in infrastructure projects might well represent a happy compromise.
Geopolitically the world appears to be sliding into greater uncertainty.
Are you so interested in the potential increase in the value of your home or the fluctuating value of your shares that you are forgetting about ‘how best to put food on the table’ from good long term income producing dividends? A serious medium to long term investor striving to become financially independent would prefer to rely on the income from dividends rather than the daily fluctuations in share prices.
Divorce is a word that hits hard. It’s much more fun to talk of weddings, anniversaries, birthdays, and the building of families and fortunes.
The recently delivered Federal budget contains a number of proposed changes to Superannuation provisions with potential effects both for accumulation funds, i.
We keep being bombarded by missives of uncertainty, volatility, slowing economic growth around the world and faltering levels of consumer confidence.
Tax exemption on TTR pension earnings removed – but TTRP strategy still useful The tax exempt status of income from assets supporting transition to retirement (TTR) pensions will be removed from 1 July 2017, with earnings to be taxed at the Super accumulation tax rate on earnings of up to 15%.
Changes by the ATO affecting the 2016 Individual Tax Return: New reporting rules for claiming new tax discount for individuals with income as sole traders, partners & beneficiaries New guidelines for claims for mobile/home phones, internet and electronic devices New ruling for landlords of units, flats, apartments claiming deductions for common property but crackdown on repairs & interest claims New rules streamlining car expense claims methods New reforms limit claims for key offsets – dependant spouse, zone and medical expenses Crackdown on work related and self-education claims Other changes relating to residency, dependant & invalid carer tax offset and Medicare levy concessions & exemptions
In the 2015-16 Federal budget the Government announced the introduction of a new form of roll-over relief for small business as part of the Growing Jobs and Small Business Package.