Search

The structure you choose for your business can make a difference to the tax you are required to pay. Explore the difference that a business structure can make to your tax liabilities. Refer to the business tax calculator. Use the interactive to explore the following scenarios. Sole trader or company? You plan to start a business as a sole business owner and have no assets for the benefit of others. You have the choice of 2 business…

Print one copy for each group of 3 students. Obligations to the ATO BAS (What is it? What is included? When is it submitted?) FBT (What is it? How is it calculated? How is it reported?) SG (What is it? How is it reported?) The benefits of PAYG instalments in relation to cash flow What is STP? What is it used for? What happens if these obligations are not met? (What is the GIC?, What is the SGC?)…

Noel Whittaker  June 23, 2018  Last week I had the pleasure of attending a seminar on Superannuation and Women run by Griffith University. It was so good to attend an information-sharing session where everybody kept to the facts and there were no inferences about gender bias. There is a wealth of research and it all points in the same direction.   The harsh reality is that most women retire with much less superannuation than men…

Read the opinion piece ‘Closing the gap for women’s superannuation’ by Noel Whittaker, then answer the following questions. On average, women’s super-balances are what proportion of men’s? Outline the 5 reasons Whittaker gives for women’s lower superannuation balances.  Explain why women tend to earn less from their super funds.  Whittaker provides an example of how decisions on what super investment options you…

You are in the market for a super fund There are several comparison websites you can use. ASIC provides the following information on using comparison websites: "Super comparison websites can be useful to help you compare super funds, but you shouldn't choose your super fund on the website rating alone. Some super comparison websites include: Canstar Cannex, Chant West, Morningstar, RateCity, SelectingSuper and…

Print one copy for each group of 4 students, cut into individual cards and distribute one set to each group.  Have Children Retire Travel Buy Home Get a TFN Study part-time   Buy a car Join a superannuation scheme Job promotion Start full-time…

You are a qualified financial advisor for a reputable financial planning company. Work in pairs to provide advice to 2 hypothetical clients regarding which super investment options they should choose to reach their retirement goals.ObjectiveYou have 2 clients in unique situations, each seeking superannuation advice.Each partner chooses a different client to develop advice for.Your task is to analyse your client’s circumstances and propose a…

Print one copy for each group of 4 students, cut into individual cards and distribute one set to each group.  Have Children Retire Travel Buy Home Get a TFN Study part-time   Buy a car Join a superannuation scheme Job promotion Start full-time…