by Ed Chan | Apr 12, 2023 | All, Property, Supers, Tax and Accounting
When Morrison, as treasurer, limited Super to $1.7m (together with a spouse $3.4m), that meant a 5% return earned $170K in tax-free income (for a couple) and $85K for a single, was sufficient to live on and reversed Superfunds from a tax avoidance vehicle to a genuine...
by Ed Chan | Mar 10, 2023 | All, Business, Property, Trusts
If you are a Small Business owner then you should seriously consider purchasing your residential or commercial investment property in a Property Investors Trust. Some of the questions you may be asking: What is the best entity to own a property in? There are many...
by Ed Chan | Mar 2, 2023 | All, Property
Recently, the government has proposed higher taxes on Superfunds and limitations on the amounts allowed to be held in a SMSF. In my opinion, this would be a serious long-term mistake, as it may discourage people from becoming self-sufficient and force them to rely on...
by Ed Chan | Mar 11, 2021 | Property
There are a lot of comments made that are either untrue or wrong or made due to a misunderstanding but they evolve into rumours that confuse. Just as its wrong to say that everyone needs a Trust it’s also wrong to say that no one needs a TRUST. There are many...
by Ed Chan | Mar 8, 2021 | Business
What is a franked dividend and what does it mean to have a franking credit? Obviously there are advantages in receiving dividends from your share investments, but there is a huge difference between getting dividends that are franked and dividends that are not franked....
