Deductible and Non-Deductible Interest
Most of us have it. Nearly all of us don’t want it. And yet, it is often fundamental to financial growth in the modern, Australian landscape. What am I? Debt. Debt, and the effective use of borrowings enable you to buy assets in today’s dollars that will be valued in tomorrow’s dollar for the period […]
Understanding Tax Cuts: What It Means for You
Two Perspectives On Tax – Daylight Robbery Vs. Club Fees ‘Daylight robbery’ or ‘clubhouse fees’ provide two opposing perspectives on government mandated tax. While both sides provide a compelling argument, from a financial advisory perspective, let’s consider this. There is a price to pay for living in a safe democracy. A simple glance to a […]
Climbing To The Peak
There’s something almost mesmerising about the ongoing rally in global equity markets. Rather than a spectacular race to the peak, this quarter has seen a more slow and steady climb. By the end of March both the S&P/ASX 200 Index in Australia and the S&P 500 Index in the US are reaching new record highs […]
Property – A Historically Sound Investment
Over recent years, Australia’s residential property market has experienced increased volatility and disruption. Speculation around the markets’ strength and future trajectory has been at the forefront of property-related communications, influencing people’s confidence and ability to buy or invest. Fundamental to understanding whether property is a suitable asset to help grow your financial portfolio is ensuring […]
We Look Back, So You Can Move Forward
At Locumsgroup, we recognise that understanding the defining financial events of the past is essential to achieving a secure financial future. As experts in financial advice and accounting, our speciality is identifying the key facts to advise and direct you toward realistic financial goals for the future. Whatever your goal may be, whether you want […]
The History of Locumsgroup
Take a trip back in time with us to the origin of our business – where it all began… The historic image below, taken in 1951, sets the scene. It was around the time when Locumsgroup was founded and has since traded as a successful financial advice and tax and accounting business for more than […]
Have You Heard About Our Insurance Health Check Service?
A good accountant is a key member of your team and does more than just prepare your income tax return. They prepare, forecast, advise and provide a range of services to help you feel confident about your financial future. At Locumsgroup, one of the services we offer outside of tax return preparation, is an Insurance […]
Eight Tips For A Great Start For The New Financial Year
Happy New Financial Year! To make the next year a seamless transition, Locumsgroup is sharing eight key tips and recommendations that you can implement now to help you get ahead of your financial plans, your resolutions and your commitments this year. These eight key tips include simple and comprehensive steps to help you take charge […]
Increasing Your Superannuation Contributions
Another great tax tactic to have up your sleeve to help reduce your personal income tax, and ultimately build more wealth for your retirement is increasing your superannuation contributions. The summary below sets out the broad categories of superannuation contributions that may enable you to reduce your overall taxation liabilities: • Concessional Contributions (Pre Tax). […]
Maximise your EOFY return with deductible expenses and prepaying deductible interest
With EOFY right ahead of us, it’s well and truly time to make last time efforts to prepare for 30 June. To help you experience a seamless tax return process and minimise your tax liability, we have prepared the following tax tips which outline how and what you can claim as a deductible expense and […]
