• The place to find the right expertise and make better decisions
  • Find the right expertise

Recent Activity

Kartia K.
Kartia K.
Wallsend, NSW
0 Likes
0 Followers

If there is a fuel rebate of per say 75.000
Do you add that into the 'Income' column when doing your financials?...My husband has had his aunt doing the Co financials the Co is in earthmoving they spend supposedly 170.000 for Fuel & Oil and get a rebate between 56.000 and 75.000. would that be classified as 'Other Income' which she has added onto the 'Trading Income' column

8 years ago
josie j.
josie j.
Aspendale, VIC
1 Likes
0 Followers

Im 30 and work in a secure full time permanent role as a HR Manager.
I have $60,000 deposit and have found a place that ticks all my boxes for $520,000
My monthly salary is $5377
Repayments would be $514 a week approx
I have no other depts or loans.
Should I take the plunge and buy or keep saving.

The place is two bedroom, close to a train station 300 metres from the beach in Aspendale Vic.

Are those repayments sustainable for a person on a single income?

8 years ago
Brett A.
Brett A.
Tooradin, VIC
1 Likes
0 Followers

I am a practice manager contemplating buying a vet practice in partnership with a Vet friend. We are currently looking into how our income should be split and paid. We are going into this venture as 50-50 partners - could you please advise on what the recommended or appropriate wages/income split would be, given we will both be engaged in different roles within the business, of which one is usually paid higher than the other?
Thanks

8 years ago
Susanne J.
Susanne J.
Kallangur, QLD
1 Likes
0 Followers

Hi
I am a Director and co-founder of a small start up business. My business partner and I hold the shares 55 to 45 (me). My business partner is the Managing Director and invests 20 hours+ each week operationally. I invest around 5 hours. My question pertains to how to best capture the Directors' lost time in a business without revenue at this stage. Should we come up with a seperate agreement to pay out once profitable or journal in balance sheet?

8 years ago
Rob S.
Rob S.
Wyong, NSW
0 Likes
0 Followers

Mum is 74 years old,living alone at home, but needs to go into a high care nursing home. She only receives a minor part pension as she has approximately $400,000 in a super based managed fund.
She was told that when she goes into the nursing home she will loose all pension/care benefits as her home will be treated as an asset in full and she will have to pay maximum fees. Can she sell up and gift some funds to her children? Centerlink said 5 yrs still her asset, but what about after?re-assess?

8 years ago
Anony M.
Anony M.
Kunda Park, QLD
0 Likes
0 Followers

I have been separated for 2 years, and have just sold the family home. I believe a 50/50 split of the equity is fair but my estranged partner believes she is entitled to more as my father passed away 10 months ago and she is wanting some inheritance as well. My fathers estate is still in probate and overseas. I am self employed, pay maintenance for our child, the ex does not work and has never worked.
Does my ex have claim on my future inheritance, or for a higher split in the equity?

8 years ago
Tim M.
Tim M.
Lockleys, SA
2 Likes
0 Followers

My mother has passed intestate and her superfund has determined to pay 100% of her super to her spouse, my step father. My step father intends dividing the super keeping 20% for himself and paying my mother's 4 adult children each 20%.
Can you advise whether it is appropriate I consider this as gifted funds and do not pay tax on my 20%, or should I pay the ATO the applicable tax which I believe is 15% of the inherited super funds?

8 years ago
More