Three major tax changes/opportunities coming on 1st July 2018

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1. Do you want to accelerate the process to save for your first home?

The First Home Super Saver Scheme (FHSS) enables first home buyers to save for a deposit inside their superannuation account, attracting the tax incentives and some of the earnings benefits of superannuation.  Read more….

2. Should you consider contributing the proceeds of the sale of your home to superannuation?

From 1 July 2018, if you are over 65, have held your home for 10 years or more and are looking to sell, you might be able to contribute some of the proceeds of the sale of your home to superannuation.  Read more…..

3. What you need to know about single touch payroll.

Employers with 20 or more employees at 1 April 2018 must use standard business reporting-enabled software from 1 July 2018Read more…..

If you would like to know more information about any of the above topics please contact our team of professionals on (03) 9744 7144

General advice disclaimer – General advice warning: The advice provided is general advice only as, in preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product

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