View a selection of articles and blog posts by Trak Accounting.
Many small business owners went into business seeking freedom, a better lifestyle or because they wanted to run their own show but don’t understand how to do financial planning. As such, it is only to be expected that small business owners make financial mistakes that can prevent them from enjoying the sustainable and scalable growthRead More »
Being your own investment manager can be interesting and challenging at the same time if you just vaguely think about it. In order to start your Do-It-Yourself financial plan, you need to understand what steps you should do to simplify the investing plan without an advisor. Here are a few tips that we think willRead More »
People work hard to gain more money in order to save for their future home. However, for many younger Australian, apparently, it takes more than a hard work to pursue a house of their dream. Thankfully, the government recently released a program called the First Home Super Saver Scheme. This program allows people to saveRead More »
Australian government has released the Federal Budget 2017/2018 recently, this includes government priorities and plans to be done for a year forward. Federal Budget 2017/2018 According to the announcement delivered by Treasurer of Australia, Scott Morrison, the Federal Budget 2017 will support several fields which are considered as a main priority to be improved orRead More »
The 2017/2018 Budget provides some interesting changes that could affect people with investment properties if the recommended modifications become legislation over the next few months. Minor changes have been suggested to negative gearing, incentives have been increased to encourage property owners to provide affordable housing, and some of the infrastructure funding could offer substantial propertyRead More »
Does your business employ foreign workers? If you do, or you’re considering doing so, changes to work visa legislation in the 2017/2018 Budget could affect you heavily. There are a number of modifications on the cards, including more restrictions on who can get a visa, increased costs for applying and sponsoring visas, and new annualRead More »