Q. Do retirees have to lodge a tax return?

Q: I retired in 2012 and rely on the Age Pension [...]

By |2019-07-12T12:51:49+10:00July 12th, 2019|Oliver's Insights|Comments Off on Q. Do retirees have to lodge a tax return?

Q. How will the recently announced tax cuts and cut in mortgage interest rates affect my take home pay?

Q. With the passage of the Government’s Personal Income Tax [...]

By |2019-07-08T09:42:10+10:00July 8th, 2019|Q&A Andrew Heaven|Comments Off on Q. How will the recently announced tax cuts and cut in mortgage interest rates affect my take home pay?

Q. Pensions Loan Scheme: what is it and how can it help retirees?

Q. With interest rates being reduced on our fixed deposits, [...]

By |2019-07-01T12:31:19+10:00July 1st, 2019|Q&A Andrew Heaven|Comments Off on Q. Pensions Loan Scheme: what is it and how can it help retirees?

Q. Are there any tax benefits to me if I make a contribution to my wife’s Superannuation fund?

Q: My wife has been the primary carer at home [...]

By |2019-06-21T13:57:04+10:00June 21st, 2019|Q&A Andrew Heaven|Comments Off on Q. Are there any tax benefits to me if I make a contribution to my wife’s Superannuation fund?

Q. Can you please advise what the deadline is for lodging my Income tax return for the 2019 tax year? I am a salaried full-time employee.

Q. Can you please advise what the deadline is for [...]

By |2019-06-14T13:57:03+10:00June 14th, 2019|Q&A Andrew Heaven|Comments Off on Q. Can you please advise what the deadline is for lodging my Income tax return for the 2019 tax year? I am a salaried full-time employee.

Q. I work part-time having turned 65 in March this year. I read that I can only contribute $100,000 this financial year to Super. Is this true?

Q. I am looking to contribute $280,000 this financial year [...]

By |2019-06-14T13:57:15+10:00June 6th, 2019|Q&A Andrew Heaven|Comments Off on Q. I work part-time having turned 65 in March this year. I read that I can only contribute $100,000 this financial year to Super. Is this true?

Q. Could you please explain the First Home Loan Deposit scheme that was announced by Scott Morrison in the election campaign?

A. On the 12th May, Scott Morrison announced additional financial [...]

By |2019-05-23T14:12:08+10:00May 23rd, 2019|Q&A Andrew Heaven|Comments Off on Q. Could you please explain the First Home Loan Deposit scheme that was announced by Scott Morrison in the election campaign?

Q. What is the difference between Listed Investment Companies (LICs) and Exchange Traded Funds (ETFs) that can be bought and sold on the ASX?

A: Listed Investment Companies (LICs) or Listed Investment Trusts (LITs) [...]

By |2019-05-23T14:12:01+10:00May 17th, 2019|Q&A Andrew Heaven|Comments Off on Q. What is the difference between Listed Investment Companies (LICs) and Exchange Traded Funds (ETFs) that can be bought and sold on the ASX?

Q. Can you please explain to me what the Labor party are proposing to do with Franking credits should they win the Federal election?

A. On 13 March 2018, Chris Bowen, the shadow treasurer [...]

By |2019-05-14T15:25:27+10:00May 14th, 2019|Blog, Media Articles, Q&A Andrew Heaven|Comments Off on Q. Can you please explain to me what the Labor party are proposing to do with Franking credits should they win the Federal election?

Q: Could you please explain what negative gearing is and how does it work?

Q: Could you please explain what negative gearing is and [...]

By |2019-05-08T11:09:55+10:00May 11th, 2019|Q&A Andrew Heaven|Comments Off on Q: Could you please explain what negative gearing is and how does it work?