Tax Planning 2016/2017 EOFY Alert 2016/17 EOFY Alert: Temporary Budget Repair Levy

15 June

A reminder that the 2016/2017 income year is the final year of the Temporary Budget Repair Levy, which is an additional 2% on top of the top marginal rate for individuals with taxable income over $180,000. From 1 July 2017, the highest marginal rate...[Read More]

2016/17 EOFY Alert: Travel Deduction for Residential Rental Properties

13 June

The 2016/17 financial year may be the last year you can claim a deduction for travel to a residential investment property. This rule is still subject to being passed as legislation. However, to avoid any disappointment, if you are a landlord, you...[Read More]

Introducing… Natalie Tran, Associate Adviser

26 May

By now, many of you will have met OakWealth Associate Adviser, Natalie Tran. Diligent, professional and cheerful, Natalie has been a delightful addition to our growing team. Of course, in the same way we like to really get to know our clients, here...[Read More]

5 Things for Small Businesses to Consider Before the End of Financial Year

21 June

Earlier this month, we brought you some general tax planning considerations. In this instalment, we turn our focus to tax planning considerations for owners of small business. The ATO recently changed its definition of small business to include...[Read More]

10 Things to Consider Before the End of Financial Year

29 May

As 30 June 2017 is fast approaching, we outline here some general tax planning opportunities you may want to take advantage of before the end of the financial year. Deferral of Income Subject to anti-avoidance rules and cash flow considerations,...[Read More]

Welcome to the OakWealth Blog on Money and All Things Wealth

14 March

There is sufficient random rambling on the web today to last us generations! So when the idea of a blog was mooted, we wanted it to be one driven by our audience – you – about the things that you want to hear about, the questions you want...[Read More]