The end of the financial year has now come and gone but investors still need to plan for the year ahead. Some investors look forward to this, while others try to ignore it for as long as possible. Why is that? In my experience, those investors who file their tax returns sooner rather than later…
Articles by Ken Raiss
Ken is director of Metropole Wealth Advisory and gives strategic expert advice to property investors, professionals and business owners. He is in a unique position to blend his skills of accounting, wealth advisory, property investing, financial planning and small business. View his articles
With an ageing population and ever decreasing government resources, Australians are looking at being less reliant on the social security safety net and planning personal strategies to give themselves a comfortable financial security in later years. Given the vagaries of the stock market, investing in property is being recognised as a less risky way of owning…
Many of the property investors I speak with are often confused about the differences between Line of Credit facilities and Offset Accounts. Understanding how these two types of loan related products can function will help determine the best fit for your property investment strategy. What is a Line of Credit? A Line of Credit (often abbreviated to ‘LOC’) is…
The end of the financial year is upon us once again and it can be an especially busy time for investors. So, with 30 June just around the corner, here are a number of issues that retirees and property investors must understand beforehand. 1. Superannuation After the age of 60, many investors opt to reduce…
Do you make the most out of your potential tax deductions? Do you keep good records to substantiate your tax claims? Well you should because the ATO regularly targets property investors, so it’s important that you know what you can and cannot claim as a tax deduction. Of course expenses incurred in earning income, such as…
A new client recently came to see me. He was a little hesitant at first as he had been using an accountant, lawyer and financial planner and was apprehensive about the value Metropole Wealth Advisory could give. He left my office almost in tears when he realised the cost of his poor previous advice. Given that…
Imagine you just received a letter from the ATO advising they will be conducting an audit of your tax affairs. For many this is a daunting task and dare I say it; even a visit to the dentist is looking better. With an increasing number of ATO audits it is imperative that as a property…
The strength of Australia’s economy is due to its small and medium businesses. In fact, there are more than two million of them in Australia, who collectively employ a huge number of people. So, clearly, their importance to the overall health of our national economy cannot be overstated. However, one of the issues that small…
There are changes aplenty in the superannuation space at present, but some things have stayed the same. One of which is that there are still multiple benefits to running your own super fund, regardless of any changes to the general super landscape. In fact, more and more Australians are opting to take control of their…
Q: I am a dual-national Australian citizen living and working in the UK. I was born in the UK, am Australian by descent and recently returned to the UK after nine years and nine months living in Sydney. I sold my principal place of residence in Sydney to purchase a new principal place of residence in…
