You may have read in the media or even received a letter outlining that your fund has failed this performance test. What should you do and what should you know?
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New year, new offerings? Critically reviewing your products and services to see if there is an additional way you can provide benefits to your existing clients or unlock new clients can be a strong pathway to growth. Our article below sets out some important steps to take
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The maximum income thresholds for the Commonwealth Seniors Heath Card significantly increased from 4 November 2022 allowing more older Australians to qualify.
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Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. We have outlined some of the best ways to find new markets and increase your market share. Click the link below to find out how.
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Focus On Existing Customers
Target your best customers with offers
Identify the customers who generate the most profit for your business or who have the most potential for additional sales. Actively engage with these customers to gain more sales. Find out how you can utilise the 80/20 rule in business.
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At Salt Financial Group our integrated financial services are able to create a detailed and personalised plan to help you achieve Financial Freedom. This plan can help you to understand how you are positioned to meet your retirement and pre-retirement goals. We can use this to recommend appropriate strategies for building wealth and reducing tax. One or more of these key 6 options may be appropriate for you:
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The ATO has recently released a new guidance that totally changes the way that professional firms can allocate (or split) their profits among a family group.
Under PCG 2021/4 Professional firms including doctors, dentists, medical specialists, lawyers, architects, engineers, consultants, financial advisers, and accountants are being ranked audit and higher scrutiny based on a new “traffic light” system and quotes
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Is a Self-Managed Super Fund (SMSF) right for you? Already have a SMSF but want to make it work harder for you?
Over 900,000 Australians run their own SMSF. But the news media is in a frenzy at the moment about SMSF’s and property investments.
We understand that SMSF’s don’t suit everyone, so it’s important you get the right information to decide for yourself.
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Company directors who have yet to apply for their Director ID have been urged to do so now by the ATO, before the due date November 30, 2022.
The mandatory Director IDs were introduced to prevent the use of false or fraudulent director identities, increase director accountability, and eliminate director involvement in unlawful activity.
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