How will a Labor victory affect your SMSF? A possible plan….

I have recently read an Australian Financial Review opinion piece from John Maroney, the CEO of the SMSF Association, Australia’s premier independent professional body representing the Self-Managed Superannuation Fund (SMSF) industry. The article details how key Labor policies, if elected, will have an impact on SMSFs.  Below I have extracted important pieces from the article. […] Read More

Moneyball, life lessons

I recently watched the end of great movie which I had not watched in quite a while called Moneyball, a movie centred around baseball and starring Brad Pitt. For those that have not seen the movie, I highly recommend it. The movie is based on a actual events, following the Oakland Athletics baseball team throughout […] Read More

Secrets to get you on the path to profit

Just read a great blog on the 3 tips to get you on the path to profit.  I must say that it is interesting that it referred to 3 tips. I remember attending a session and there was an ex US Marine presenting. He referred to the rule of three.  That is we cannot concentrate […] Read More

Eat that Frog

“Eat that Frog”. Eat the what I hear you say. As you are all aware, at Green Taylor Partners we try and be as proactive as we can for our clients. Part of this is doing additional reading which not only includes compliance related information, but ways that we can generally assist our clients. Whilst […] Read More

8 Money Ideas for the Early Years!

As we approach the festive season, financial discipline (along with dietary discipline) tend to fall by the wayside and New Year’s resolutions about getting yourself into shape are usually the result.  Here are 8 simple ideas to guarantee your long-term financial fitness. 1. Ditch some or all of your credit cards As of September 2017 […] Read More

Going broke – some statistics and some reasons…

The following draws upon an article from Worrells, (a firm devoted to dealing with insolvencies both before and after the event) and personal experience. Are economic conditions to blame? The September quarter of Australian Financial Security Authority (AFSA) personal insolvency statistics are out, and the trends of 2017 continue. Total personal insolvencies are up by […] Read More

Advice for buying or selling property

Are you buying or selling a house, farming land or commercial property? Talk to your accountant now! Recent changes to taxation laws mean that anyone purchasing or selling property may have an obligation to withhold tax, or find that they have tax withheld from their settlement proceeds! The ‘Foreign Resident Capital Gains Withholding’ regime has […] Read More

“The 8th wonder of the world”

I have been asked many times – “How much money do I need to retire on?” My answer is always the same – “it depends on what your living style will be when you retire”.  If you are going to take an overseas holiday every year and lavish those around you with gifts – then […] Read More

Tax Planning

May and June is the time for tax planning as 30 June looms down on us. Accountants love 30 June and celebrate like New Years Eve. But the lead up to the end of June is very important for all businesses. Many of our clients have now completed reviews of their figures and have now […] Read More

A few “To Do” actions before 30 June 2017

5 weeks to go! Here are a few helpful tips for businesses and individuals to complete prior to the End of Financial Year (EOFY). For Businesses Update tax planning so you are aware of your tax position – so in turn you can take action to minimise tax if required. See your GTP accountant. Great […] Read More