Welcome to the February issue of the Bongiorno newsletter.
In this edition, we’ll take you through ways to make your cash assets work harder, a compilation of tax advice from our top advisers, and a snapshot of the importance of life insurance.
Because of its critical importance, we are also republishing a recent article regarding the biggest changes to superannuation in 10 years.
If you own real estate or have a defined benefits super fund, or you’re over 50, we strongly recommend you act before 30 June or, ideally, before 31 May.
If you’d like more information about the topics covered in this issue, we’d be delighted to assist.
Regards
Bongiorno (NSW) Group
PS: ESSAY COMPETITION
The Bongiorno & Partners (NSW) Essay Competition closed today, 28 February 2017. Thank you to everyone who shared their ideas on improving the public hospital sector in NSW and the ACT. We look forward to announcing the winners soon, and to presenting our submissions report.
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The latest super changes, passed in Parliament on 23/11/16, will have an enormous impact on everyone who has any amount in superannuation. The changes represent many pre-30/6/17 windows of opportunity which should be considered as a matter of urgency.
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Bongiorno is often asked about the best strategies for effective utilisation of accumulated cash or unexpected monetary windfalls. Here is some of our best advice.
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Minimising your tax debt can be a complicated task. While the following advice is merely the tip of the iceberg, we hope you find it helpful.
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Life insurance is something many people tend to delay thinking about - or avoid entirely. While the inclination is entirely understandable, the right policy can make all the difference to the lives of the people left behind.
Let’s look at the facts;
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Year-end planning is an important part of ensuring you take advantage of all the concessions and tax deduction to which you are entitled. Over the coming months, consider:
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