A super fund is a special type of financial organisation that accepts, manages and invests your superannuation. When it's time for you to retire and you've hit 60, your fund can pay out your super either as a lump sum or over time as a regular income stream, often known as a super...
Cloud ERP software: Definition, types and benefits 9 step ERP implementation plan for business operators Rolling out new tech systems across an organisation is a risky business. When it comes to ERP implementation, here are the 9 steps to nail. ...
To help, we’re going to break down what there is to know about inheritance tax in Australia. We’ll look at what inheritance tax is, the current Australian Taxation Office (ATO) rules on inheritance tax, and some specific situations like whether the Australian superannuation death benefit is ...
The superannuation fund (super) is typically available after retirement, but some payments can be provided early, as with disability. Circumstances for early payments include: A terminal medical condition Temporary incapacity because of a physical or mental medical condition Permanent incapacity to ...
supplemented by green surveillance too, which seeks to monitor how people consume and, in particular, how items are discarded (a valuable new revenue stream). Waste is now big business, although the idea of a fully circular economy has stalled due to the need to incentivise further consumption...
Sole traders pay income tax on their profits. Sole traders in Australia also pay workers compensation insurance and superannuation. Similarly, partners are taxed on their individual share of the profits for each financial year. Should I choose a limited or unlimited liability business structure? If ...
I currently work 40+ hrs a week, I have shares, healthy superannuation (U.S equivalent is the 401k I think), some crypto and I stream in my spare time and I am looking to secure 1+ investment properties soon. Whatever it is you do end up doing, make sure it's got some enjoyable...
I currently work 40+ hrs a week, I have shares, healthy superannuation (U.S equivalent is the 401k I think), some crypto and I stream in my spare time and I am looking to secure 1+ investment properties soon. Whatever it is you do end up doing, make sure it's got some enjoyable...
A sole trader is often the only person who works for the business they have created. However, a sole trader can still have employees. If they do so, sole traders must meet their obligations to pay workers’ compensation insurance and superannuation contributions. People may become sole traders ...
Another type of defined-contribution plan is a403(b). While both the 403(b) and 401(k) are tax-deferred, a 403(b) is much less common as it is restricted to those in non-profit, charitable organizations, and public schools and colleges. 403(b) plans are often managed...