Rick Maggi

23 June 2020

Educational, EOFY, Financial Planning, Investing, Pensions, Real Estate, Retirement, Shares, SMSF, Superannuation, Strategy, Taxation

EOFY: Time to take stock, why costs matter...

Rick Maggi

23 June 2020

Educational, EOFY, Financial Planning, Investing, Pensions, Real Estate, Retirement, Shares, SMSF, Superannuation, Strategy, Taxation

EOFY: Time to take stock, why costs matter...

Maybe its just me, but all too often, perhaps in the drive to achieve better investment results, fee considerations seem to fall off the agenda somewhere along the line…

Rick Maggi

19 June 2020

Taxation, EOFY

EOFY: How much tax should I pay?

Rick Maggi

19 June 2020

Taxation, EOFY

One of the key determinants of how much income tax you pay, and how much you get back as a refund depends on how well you’ve maximised the deductions you're entitled to claim.

Rick Maggi

7 June 2020

Taxation, Financial Advice, Financial Planning, June 30, EOFY

EOFY: What is Capital Gains Tax?

Rick Maggi

7 June 2020

Taxation, Financial Advice, Financial Planning, June 30, EOFY

One tax that does look a little daunting and still sparks confusion amongst Aussies, particularly at this time of the year, is the Capital Gains Tax (CGT). So, what is it?

Rick Maggi

5 June 2020

Taxation, Superannuation, Strategy

June 30: Maximise your tax return...

Rick Maggi

5 June 2020

Taxation, Superannuation, Strategy

With the end of the financial year almost upon us there are a few things you should sort out to maximise your tax refund, before the month is up:

Rick Maggi

1 April 2019

Federal Budget, Taxation

FEDERAL BUDGET ALERT: Tax relief on its way

Rick Maggi

1 April 2019

Federal Budget, Taxation

FEDERAL BUDGET ALERT: Tax relief on its way

The Federal Government will tomorrow unveil a reshaping of its already legislated tax plan, with tax cuts favouring low- and middle-income earners to be brought forward…

Rick Maggi

13 February 2019

Financial Advice, Financial Planning, Superannuation, SMSF, Taxation

A Guide To Super Contributions

Rick Maggi

13 February 2019

Financial Advice, Financial Planning, Superannuation, SMSF, Taxation

As well as super guarantee payments from your employer, there are all sorts of ways to save more into super and boost retirement savings. Find out more in our comprehensive super contributions guide…

Rick Maggi

22 September 2018

Taxation

How to max your tax refund...

Rick Maggi

22 September 2018

Taxation

Expecting a refund from your 2017/18 tax return? 77 out of 100 Aussies are likely to get one and many could already have plans to spend it. If you’re one of them, find out how to treat yourself right with your windfall and be better off for good.

Rick Maggi

21 June 2018

Economics, Event Driven Update, Taxation

Tax Cuts Passed

Rick Maggi

21 June 2018

Economics, Event Driven Update, Taxation

The Senate has approved the Government's budget promise to progressively cut income tax, with Prime Minister Malcolm Turnbull welcoming it as a "great day"…

Rick Maggi

10 May 2018

Federal Budget, Centrelink, Aged Care, Small Business, Taxation

2018 Federal Budget

Rick Maggi

10 May 2018

Federal Budget, Centrelink, Aged Care, Small Business, Taxation

The 2018-19 Budget will be the last before the next election (due by May 2019) and so had to provide pre-election goodies, but in a way that keeps the return to surplus on track. Read here for a complete run down…

Rick Maggi

14 March 2018

Event Driven Update, Politics, Taxation

Shortsighted Tax Proposals

Rick Maggi

14 March 2018

Event Driven Update, Politics, Taxation

Yesterday, the Opposition Leader revealed a new policy to abolish the ability for individuals to claim cash refunds on excess imputation credits that had not been applied to offset tax liabilities...

Rick Maggi

28 February 2018

Superannuation, SMSF, Taxation, Legal, Wills & Estate Planning

What happens to your super when you die?

Rick Maggi

28 February 2018

Superannuation, SMSF, Taxation, Legal, Wills & Estate Planning

What happens to your super when you die?

Who get's your super when you die? How is it taxed? Can you reduce the tax?

Rick Maggi

4 January 2018

Financial Advice, Financial Planning, Investing, Market/Economic Update, Mortgage, Property, Real Estate, Strategy, Superannuation, Taxation, Wealth Accumulation

Alert: Residential Property Deductions

Rick Maggi

4 January 2018

Financial Advice, Financial Planning, Investing, Market/Economic Update, Mortgage, Property, Real Estate, Strategy, Superannuation, Taxation, Wealth Accumulation

The ATO have now made the following changes to residential property deductions, applicable from 1st July 2017...

Mistakes To Mastery (Free eBook)

Life doesn’t revolve around money. Lots of other things - like family, friends, and health - can be much more important to you than your bank balance. But some personal goals are hard to achieve if you don’t have much money. That’s why the FPA have put together this handy guide to getting to grips with the do’s and don’ts of your finances...

Rick Maggi

4 September 2017

Educational, Financial Planning, Financial Advice, Legal, Redundancy, Retirement, Strategy, Stats, Taxation, Wealth Accumulation, Wills & Estate Planning

STARTING A NEW BUSINESS?

Rick Maggi

4 September 2017

Educational, Financial Planning, Financial Advice, Legal, Redundancy, Retirement, Strategy, Stats, Taxation, Wealth Accumulation, Wills & Estate Planning

Statistics show that 'baby boomers' are simply refusing to retire, and instead, are choosing to start new businesses. The same trend also applies to the recently retrenched, which is great news for the Australian economy and financial markets....