The Australian Taxation Office (ATO) has recently revised the fixed rate method for claiming working from home deductions. Previously, the fixed rate was 52 cents per hour and covered only running expenses for home office use. However, the new rate has been increased to 67 cents per hour and now includes additional expenses such as
Before you go knocking on the bank’s door for a million-dollar mortgage, it’s a wise idea to spend a few months boosting your borrowing power. That’s the word from Walshs Mortgage Broker Grace Lee, who says it’s possible to magnify your borrowing power – or the amount a lender will hand over – based on
Insurance might not always be front of mind, but it’s important to review your policies regularly to make sure you’ve got the right cover. Whatever your mix of cover — life, total and permanent disability, income protection and trauma — insurance can be an important part of protecting yourself and your family, now and into
‘Sustainable Investing’ is one of many terms that describes the consideration of non-financial factors in investment decision making. Also known as ‘socially responsible investing’ or ‘ethical investing’, ESG investing brings a focus to environmental, social and governance factors when considering different investments. ESG continues to gain traction as a popular investment option among investors, and
We are proud to announce that Walshs has recently gained another incredible accolade having been named the winner in the category of ‘Self-Licenced Firm of the Year’ at the recent IFA Excellence Awards held on the 16th November in Sydney. These awards celebrate the best and brightest in the financial services industry nationally and we are thrilled to be
When it comes to financial planning, it’s important to find the right partner who will help you achieve your goals. Walshs’ team of financial planners in Brisbane work with individuals across Australia. We have grown our knowledge and processes across more than 30 years of working with individuals just like you. Our team follows several
With a kick-butt deposit in your coffers and strong self-employed income as a specialist medical consultant, getting a home loan should be a cinch, right? Wrong! If you’re transitioning from a hospital-employed intern to a self-employed doctor, whether that be in your own private practice or as a contracting consultant, you’ll still have to show
On the evening of Tuesday 25 October 2022, Australia’s Treasurer, Jim Chalmers, delivered the nation’s 2022-23 Budget, Labor’s first since taking office earlier this year. While the Budget features a couple of key proposals aimed at providing cost-of-living relief for young families, it had a fairly light touch in the areas of taxation, superannuation and
Balancing the books is a crucial part of running a successful business and an important part of this is ensuring you meet ATO deadlines for compliance lodgements. The Australian Taxation Office (ATO) provides ‘Key Dates’ for all of the compliance lodgements. However, these deadlines can easily be overlooked by busy business owners which can create
Are you considering establishing your own private practice? There are a number of general and professional factors to cover to ensure you get it right. Julian Muldoon, Director and Founding Partner of 1Group Property Advisory provides us with some key considerations to think about when it comes to this big decision. There’s an incredibly important