Outsourcing bookkeeping services has become an increasingly popular choice for businesses seeking to optimise their financial management processes. Here's a closer look at why outsourcing offers significant advantages.
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Estate planning is a crucial aspect of ensuring your assets are distributed according to your wishes after you pass away. However, for blended families, i.e., families where one or both partners have children from previous relationships, estate planning can be particularly complex. Understanding the nuances of the legal framework, fostering clear communication, and tailoring estate planning documents to suit the unique dynamics of blended families are essential steps in this process.
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Domestic markets suffered a 2% drop in ASX200 over the past fortnight, led by a 1.81% slump on Tuesday, with Communications down 3.4%. Iron ore prices rose 7%, but RBA warns of an 80% export decline due to declining population and construction. Australian bond yields rose to 4.37% amid inflation concerns. In the international arena, US inflation data dampened hopes of rate cuts, while China surpassed GDP forecasts, but faces challenges ahead, impacting regional markets.
Salt is in the process of introducing a new ATO mail system on behalf of our clients which will allow us to download and distribute all forms of ATO mail in the most efficient manner possible. As we begin this transition, it is important that you, our clients, understand how it operates and how your ATO correspondence will begin to be received. The new ATO Mail system using 2 factor authentication. This means when your ATO mail is sent electronically, you will receive a text message with a 6-digit code which will be required to access the mail via email.
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In Q1 2024, ASX IT sector surged by 55% due to AI interest, while property and financial sectors grew steadily. Materials slumped 8.34% amid Chinese export decrease. Gold hit all-time high. Cocoa prices soared 230% due to weather hindrances. US markets reached record highs.
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In the ever-evolving landscape of personal finance, one key aspect often overlooked is the formidable impact of tax planning. Each year, countless individuals overpay their taxes simply because they lack a comprehensive tax strategy. Opportunities for savings slip through the cracks, resulting in missed chances to bolster retirement accounts, fund education plans, or pursue long-held aspirations. This is the all-too-common error that strategic tax planning is able to avoid.
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In the journey towards securing a comfortable retirement, maximising your superannuation benefits is crucial. Whether you are just starting your career or nearing retirement, adopting effective long-term strategies can significantly enhance your financial security in the future. Here are 10 key strategies…
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RBA maintains interest rates at 4.35%, signaling a shift to a neutral stance. Australian energy and utilities sectors lead ASX growth. S&P rises 1.4%, US Fed holds rates, while BOJ ends negative interest rates.
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