Swift Business Solutions

01/11/2019

This sweet video from our FYG Planners Association says it all....enjoy the serenity!!...feel free to give us a call to chat about your interests 02 63344455

15/09/2019

https://swiftbiz.com.au/news-and-info/2019/9/12/the-magic-of-timing-the-market

Do I toss a coin or make that phone call?

At Swiftbiz we believe history has shown that the best way to get great returns is to invest across a considered range of assets taking into account your objectives, take a long-term view and focus on keeping costs low.

This means avoiding trading costs, avoiding realised capital gains and finding investments with low fees. It means having an overall strategy that reduces tax, harnesses the long term returns from the companies and properties of the world and manages risks.

Needless to say, that’s what we love to do here. If you’d like to deal with someone that generates income from great strategy and financial education rather than from selling any particular products or investments then we’d love to hear from you.

Pop over to www.swiftbiz.com.au for information and a fun read....are you going to toss the coin or give us a call on 02 6334 4455

Lately the stock market has been the topic of conversation amongst many people. I have one friend who kindly always makes sure he tells me when someone gives him the tip that the stock market is about to crash. I always ask him “Could he please tell us what day, week or even month it is going to h...

11/08/2019

New rules allow you to 'carry forward' your unused Concessional Contribution Cap

During June we will have reviewed all our clients super accounts and, for many, we assist with calculations for additional Concessional Contributions into Super (contributions for which the member can claim a personal tax deduction). The current cap is $25,000.

Don’t worry if you missed your opportunity to do this as this year, for the first time, if you don’t use up your whole cap, people will be able to carry forward the remaining balance and put more in next year, or the year after. Your $25,000 cap will ‘carry forward’ for up to 5 years providing your total super balance is under a certain amount.

Give the team at Swift Business Solutions a call on 02 63344455 if you would like to discuss this further and we can assist you with a plan of attack!. Head over to our webpage for the full article and more...read how this could boost tax effective super investments for your future.

At this time of year, we review all our clients super accounts and, for many, we assist with calculations for additional Concessional Contributions into Super (contributions for which the member can claim a personal tax deduction). The current cap is $25,000. This year, for the first time, if you d

31/05/2019

https://www.gumtree.com.au/s-ad/bathurst/office-space-commercial/rent-sun-filled-professional-office-meeting-space-bathurst-cbd/1216670492

Sun Filled professional office space in Bathurst CBD for rent, Short or longterm availability Good foot car traffic, opposite centrelink All day parking ..., 1216670492

31/05/2019

https://swiftbiz.com.au/news-and-info/2019/4/8/better-returns-from-lower-grandfathered-commssions

Do you have a super account, or an investment that has been in place since before 1 July 2013…. it’s very likely that you are paying extra fees which would be against the law if you opened the account now.

These fees (called ‘trails’) are significantly eroding your returns each and every year…..you might want to consider getting a second opinion on your financial strategy.

Have a read of this article from our website that explains in the context of Financial Planning in Australia what “Grandfathering” is…and if you would like to have a discussion about your financial plan, or a ‘second opinion’ on your current investments or strategy, we would be only too pleased to have an obligation free chat with you…call 02 6334 4455

What is Grandfathering? In the context of Financial Planning in Australia, Grandfathering is most commonly a provision in which the old rules about commissions continue to apply to some existing clients while a new rule will apply to all future cases. As of 1st July 2013, commissions paid from inve

31/05/2019

https://swiftbiz.com.au/news-and-info/2019/4/3/2019-federal-budget-review

In April we wrote an article about the main points of the budget as we saw them. We noted that with a ‘hard-to-pick’ election coming up it was very difficult to say how much of the budget will ever actually become law.

For those that like a bit of reading, pop over to our web-page to get the info on what was discussed for Business Changes, Income Tax, Superannuation, Aged Care and Energy Assistance....now that the election is over ...watch this space! we will have much more to discuss as some of the policies do or don't start to roll out....

So, we’ve had the budget. It’s great for journalists and TV news, but don’t make any big decisions just yet. Budget measures take some time to become law, and with a ‘hard-to-pick’ election coming up very soon it’s very difficult to say how much of the budget will ever actually become la...

31/05/2019

https://swiftbiz.com.au/news-and-info/2019/4/2/get-your-kids-off-to-a-good-start-with-superannuation

We often meet young people who’s first experience of the super system is a bad one, where their hard-earned super balance is eroded or completely gobbled up by fees when the account only has a few hundred dollars in it from holiday work.

Small super accounts have received a bit more protection as of 12th March.

If you would like some advice on where to start off your super, or your child’s super with zero fees please feel free to contact us….have a look at the article on our website for more details and call us on 02 6334 4455

Small super accounts have received a bit more protection as of 12th March, with new legislation receiving assent. Super fund trustees are now prohibited from charging fees totalling more than 3% of a super account with a balance of less than $6,000, Inactive superannuation accounts will also have

31/05/2019

Did you know ...The Commonwealth Government Work Bonus Scheme allows people on the Age Pension to earn an amount of $250 per fortnight that does not count towards their Income Test, and hence does not affect or reduce their Age Pension payment

...but only about 6% of Age Pension recipients are using it. The numbers may increase a little come July 1st this year, as the threshold is being increased to $300 per fortnight. That’s $7,800 per year, in most cases, tax free and ‘Pension Reduction’ free.

There is good news for self employment too! We at Swift Business Solutions are here for you if you want further information...head over to our web page for the full article, 5th March or call 02 6334 4455

The Commonwealth Government Work Bonus Scheme allows people on the Age Pension to earn an amount of $250 per fortnight that does not count towards their Income Test, and hence does not affect or reduce their Age Pension payment. It’s a great idea aimed at keeping ‘oldies’ motivated and active....