Anthony Wolfenden
Anthony Wolfenden and Intertek Pty Ltd | ABN 95 001 076 697 are Authorised Representatives (1242381/
Employers are required to pay super on time or face sanction from the ATO. I paid myself super as required on the 13th Dec 2024. As of today, the funds are still sitting with the ATO. The ATO feel no urgency to fund a taxpayer's super in the same way they hold employers accountable, who cares about mortgage payments or expenses that need to be paid. Not the ATO.
Onetouch payroll is a rort. We used to make contributions direct with no delay. Now the ATO has injected itself into the process. Poorly.
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Same happened for myself. What if I just pay it directly to SMSF bank account? I guess there is fine but it may has less damage than paying the mortgage late!
Vanguard has an interesting take on US markets. Bonds outperforming stocks makes risk profiles seem even more absurd. I wonder if ASIC is listening.
Vanguard Thinks The Party Is Almost Over For U.S. Stocks
flip.it
If you owned U.S. stocks and ETFs — especially of giant tech companies in the S&P 500 — you hit the jackpot in 2024. But some think the chips need to fall as gravity sets in — perhaps as soon as...0 CommentsComment on Facebook
The professionals left in an industry over-regulated by ASIC for YEARS. are both very talented and very stubborn, which makes them VERY HELPFUL.
Demand for financial advice reaches record high
www.smsfadviser.com
The demand for financial advice has reached record highs especially regarding retirement income, according to the latest report from Investment Trends.0 CommentsComment on Facebook
Risk Profiling Explained. Review this before seeing your Financial Adviser.
Financial Risk Profiling Explained
Hi, I'm Anthony Wolfenden, a financial advisor. In this video, I delve into risk profiling using the Andex chart for the Australian economy. The chart covers key aspects like the share market, property trusts, and bond market over 72 years. Understanding market cycles and volatility is crucial for l...
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The concept of limiting tax benefits of the ultrawealthy is not a bad one. BUT there are two VERY BAD IDEAS: imposing an unrealised capital gains tax AND not indexing the threshold. Amendments were offered and rejected. So it's not an oversight, it's intent.
Lower house passes Div 296 bill - SMS Trustee News
smstrusteenews.com.au
The Division 296 or $3 million soft cap bill will progress to the Senate after the government voted down amendments in the lower house.0 CommentsComment on Facebook