Are you raising your children to be financially smart? We’re living in a time where most financial transaction is cashless - as of June 2019, there are 19.1 million credit card accounts which accounts for almost 76% of the entire Australian population. The prevalent use of bank...
Are you a small business? Could you be making these simple mistakes on your Business Activity Statements? 1 July 2017 marks 17 years of GST in Australia. However, after nearly two decades of GST treatment on Business Activity Statements, many small businesses are still making some...
Making a charitable donation is not only a great way to give back to the community, but it can also help to reduce your taxable income. If you’re feeling a little generous, here’s a KMT good news story to encourage you to donate and claim...
Please click the attached link for the February Edition of: “SMSF Newsletter – February 2017” The SMSF Newsletter is a monthly bulletin which will keep you updated on important superannuation matters that may affect you. In this Edition: Planning for the Super Changes "Elder Abuse" Inquiry Trustee Q & A If you have...
There are a few simple steps that business owners and managers can take to improve cash flow and have increased flexibility, greater efficiencies and potential growth opportunities. These include: Create a cash flow forecast This is an estimate of the amount of money you expect to flow...
Please click the attached link for the February Edition of: “Tax Wise Newsletter – February 2017” TaxWise Business News is a quarterly bulletin, which will keep you updated on important tax matters that may affect you or your business. This edition is full of handy information so make sure you have a glance! In...
The Australian Taxation Office takes the view that costs associated with your place of residence are likely to be of a private nature. However, if you're working from home and incur expenses as a result, you may be entitled to claim tax deductions for some...
by Symonne Wickman I’ve been working with a very busy nurse, and last week she commented: “I just need a plan to answer to!” This is so true for everyone… How often have good things just landed at your doorstep? It is rare to successfully move forward...
The KMT Partners team have been blessed with a pair of vibrant young brains joining the office! Brea and Nick are always up for a laugh and full of enthusiasm in what has been a roller coaster ride with them through the highs and lows of...
It was not that long ago that our determined Senior Financial Planner, Symonne competed in the 25th Flying Doctor Rowathon in early October 2016. Heaving her way an astonishing 82kms along the Darling River near Wentworth (that’s equivalent to 41 Olympic rowing events). She walked away...