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Latest Questions

Jenny P.
Jenny P.
West Albury, NSW
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Q:

I am 55 and my preservation age is 57.
I wish to access a property held by my husbands and my SMSF when I retire at 57.
With the Superannuation changes from 1 Jul 17, how do I go about accessing the property or withdrawing it from the SMSF so my husband and I can live in the property.
My husband is also 55 but he won't be retiring until age 60.
Also, what will the taxation implications be?

5 hours ago
Mark W.
Mark W.
Campbelltown, NSW
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0 Followers
Q:

I need to ask about ways of reducing my taxable income and various deductions. I work for an outsource company who's head office is in Botany NSW but I am always onsite at clients presmises. Some days I am having to start work at Botany and then travel to the client (public transport both journeys). Am I able to claim a deduction for some of the public transport for this?

23 hours ago
Penny S.
Penny S.
Bellamack, NT
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0 Followers
Q:

I currently have my superannuation with REST. I am not working at the moment and am on Centrelink benefits. I was looking at early release of super due to severe financial hardship as I qualify, however REST do not grant access due to this & I do not qualify for compassionate hardship.

I am wondering is it possible to open a new super fund (one that does allow early release of super due to financial hardship), transfer some of my super from REST into that & then apply for early release?

2 days ago
Moe S.
Moe S.
Coorparoo, QLD
5 Likes
0 Followers
Q:

What would be more likely to be accepted by the bank for a land & house package loan.
My credit history is good with no defaults, just credit inquiries. Also I have a personal loan where I owe the bank $25000 and making my $880 monthly payment on time.
I am looking to get a home loan for $400000 from the bank and have got $40000 in savings.But I don't know if I should pay off my personal loan first then I have less deposit or I could get the home loan without paying my personal loan.plz help?

4 days ago
Bianca R.
Bianca R.
Melbourne, VIC
2 Likes
0 Followers
Q:

Hi There, We are selling retail bicycle accessories and can source products cheaper from online retailers overseas than our trade accounts. Can I legally resell these products if I use a dropshipping concept of placing my clients names on the receipt? I am under the impression this would cover the client for warranty if the part was to break, Is there any other issues using international online retail suppliers instead of having trade accounts with Australian distributor. Thanks

5 days ago
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