Snapshot – November 2023
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Withdrawing part of your superannuation fund balance then paying it back into the account, known as a recontribution strategy, may sound a little strange but it could deliver a number of benefits including reducing tax and helping to manage super balances between you and your spouse. Your super is made up of tax-free and taxable [...]
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Managing a healthy cash flow is often tough for small businesses and it is particularly the case right now in the challenging economic conditions Many businesses are facing supply chain issues, utilities and wages costs are increasing, it is more expensive to borrow money and some sectors are suffering severe downturns. Strong cash flow is [...]
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