http://blog.revolutionadvisors.com.au/closing-the-office-for-the-holidays/As the holiday season approaches, the workplace often gets more relaxed as things wrap up. However, closing the business for the holidays usually isn’t as simple as...
Read MoreTax on gifts and donations
http://blog.revolutionadvisors.com.au/tax-on-gifts-and-donations/Individuals can claim tax deductions when giving gifts or donations to organisations that have the status of deductible gift recipients (DGR). To be eligible to claim a tax...
Read MoreProposed measures to increase retirement savings
http://blog.revolutionadvisors.com.au/proposed-measures-to-increase-retirement-savings/Currently, people aged 65 to 74 can only make voluntary superannuation contributions if they meet the ‘work test.’ This means they must report...
Read MoreDoing market research for your business
http://blog.revolutionadvisors.com.au/doing-market-research-for-your-business/Market research is key to developing relevant and effective business strategies as it helps you understand your industry, customers, competitors and market trends...
Read MoreWhat you need to know about BFAs
http://blog.revolutionadvisors.com.au/what-you-need-to-know-about-bfas/A Binding Financial Agreement (BFA) is the Australian equivalent of a prenup. It is used to agree in advance on how a couple’s property and other assets would be...
Read MoreGetting to know your social media audience
http://blog.revolutionadvisors.com.au/getting-to-know-your-social-media-audience/Knowing your audience is a fundamental aspect of social media marketing for your business. A good social media strategy will use the business’s knowledge of...
Read MorePaying tax on term deposits
http://blog.revolutionadvisors.com.au/paying-tax-on-term-deposits/The interest you earn from term deposits is subject to tax, just like your regular income. You have to declare investment income on your tax return, including interest in the year...
Read MoreIntroducing a new employee
http://blog.revolutionadvisors.com.au/introducing-a-new-employee/Hiring a new employee is a time-consuming process that affects you, the company, and the team. It can often be especially nerve-wracking for the new employee starting a new job and...
Read More2019 Updates to the Pension Loan Scheme
http://blog.revolutionadvisors.com.au/2019-updates-to-the-pension-loan-scheme/Changes have been made to the Pension Loan Scheme (PLS) under the federal government that came into effect 1 July 2019. The updates aimed to improve the previous scheme...
Read MorePros and cons of hiring an intern
http://blog.revolutionadvisors.com.au/pros-and-cons-of-hiring-an-intern/With so many eager school-leavers looking for employment opportunities, hiring an intern can seem like a good way to offer work experience to someone without the risks of a...
Read MoreMaking NRAS claims
http://blog.revolutionadvisors.com.au/making-nras-claims/The national rental affordability scheme (NRAS) started on 1 July 2008, encouraging large-scale investment in affordable housing. It offers tax and cash incentives to providers of new...
Read MoreDoes your SMSF meet the sole purpose test?
http://blog.revolutionadvisors.com.au/does-your-smsf-meet-the-sole-purpose-test/If you have a self-managed super fund (SMSF), then you need to meet the sole purpose test to be eligible for the tax concessions that are normally available to super...
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