Entries by Superior Accounting Group

Starting A Business? What You Need To Know About GST

Starting a new business is both an exciting and daunting time for any entrepreneur or business owner. The setup phase requires managing an overwhelming number of tasks such as getting an Australian Business Number (ABN), registering your business and domain name, buying or leasing premises, and managing all the required licenses, permits and tax regulations. […]

Grow Your Self-Managed Super Fund (SMSF) With Property Purchasing

Traditionally, SMSFs grow their funds through a variety of investment strategies like shares, term deposits, managed investment schemes, derivatives, collectibles and more. Investing in property was a less popular choice due to the large amount of funds required to purchase one. Since 2007 however, superannuation laws in Australia have allowed SMSFs to borrow money to […]

Looking To Retire With An SMSF? What You Should Know Before Moving Into One

A Self-Managed Super Fund (SMSF) is a legal tax structure regulated by the Australian Taxation Office (ATO) that allows people to control and manage their retirement savings. Individuals are responsible for managing the fund and investing it appropriately while ensuring compliance to tax laws and super fund regulations. The increase in popularity of SMSFs came […]

How Often Should I Talk To My Accountant?

Your accountant is like your partner. He or she gets access to review your personal finances, or that of your business, and then talk to you about it so as to help you manage and grow those finances. With your accountant, you’ll comfortably talk about the intimate subject of money; whether your investments paying off, […]