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Why investing for retirement is different
When you’re still employed and earning a salary, there’s money coming in you can rely on. In retirement, in the absence of a regular salary you’ll need to find a new way to secure enough income to cover your living costs.
... read moreEconomic update February 2023
Unlike in other regions, inflation still appears to be accelerating in Australia. Headline inflation rose at an annual rate of 7.8% in the December quarter, while the ‘trimmed mean’, the favoured measure among Reserve Bank of Australia officials, quickened to 6.9% year on year. This was the highest level since the series was introduced in 2003.
... read moreHave You Received a Business Support Grant?
As a small business owner, it is possible that you may have recently received a grant to support your business during difficult times.
... read moreClassifying a new worker
It is important to determine whether a new worker is classified as an employee or a contractor, as it affects tax, superannuation, and other obligations such as workers compensation insurance, as well as the worker’s entitlements.
... read moreFive New Year’s Tax Resolutions
Here we are in 2023! A brand-new year with a set of a brand-new personal resolutions!
... read moreWhy is my refund less than expected?
As part of the ATO’s response to COVID-19 and other natural disasters, they paused the recovery of debts, including offsetting credits and refunds to debts on hold to support economic recovery.
... read moreRefresh your ABN details
When did you last check your details on the Australian Business Register? If you’re not sure, it’s time to check your details are up to date.
... read moreU R the Bank Series | Episode #2 – Protecting Family Assets
Welcome to Paris Financial’s series ‘ U R the bank’. In this episode, Pat Mannix will chat about Protecting Family Assets. Follow each episode to find out how you can be your own bank, develop your own property portfolio, and protect everything.
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