When Things Don’t go to Plan

If you’re experiencing financial difficulty – if you’ve taken some hard knocks – then you’ll know how quickly things can spiral. We look at five ways you can take charge. Give me the main points Talk to a free government-funded Financial Counsellor. Get in touch with your bank ASAP – talk to their financial hardship…

Boost your spouse’s super and reduce your tax

Making an after-tax contribution into your spouse’s super could benefit you both – by increasing your spouse’s super and potentially reducing your tax. HOW DOES THE STRATEGY WORK? If you make an after-tax contribution into your spouse’s super account and they earn less than $40,000 pa, you may be eligible for a tax offset of…