Accounting, Taxation, Cloud Accounting, SMSF, Retirement, IEC Advisory , Dubbo NSW, Australia

Middle East War Economic Oil Fallout

Thu, 05 Mar 2026 22:16:28 GMT

Economists warn Middle East war to hit households through oil price spike but say fallout could be short lived

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Federal Budget 2025

Wed, 26 Mar 2025 22:58:25 GMT

Easing the Burden: Comprehensive Measures for Cost of Living Relief

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FBT & Christmas Parties

Fri, 15 Nov 2024 01:39:50 GMT

Although we all feel that Christmas parties are a well-earned expense, they are not necessarily tax deductible and can sometimes attract additional tax. See the attached document for a summary.

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FY2024-25 Federal Budget

admin@iecadvisory.com.au (IEC Advisory) — Wed, 15 May 2024 06:43:38 GMT

FY2024-25 Federal Budget

For further information click here

Changes to Tax Cuts

Sun, 03 Mar 2024 23:15:38 GMT

Changes to Tax Cuts from 1st JULY 2024

To view the Changes to Tax Cuts, click here

admin@iecadvisory.com.au (IEC Advisory) — Thu, 19 Oct 2023 23:44:50 GMT

The Rising Bond Yields and the Risk for Shares

Click here to read about the Rising Bond Yields and Risk for Shares

Technology Investment Boost

Tue, 25 Jul 2023 02:17:36 GMT

Technology Investment Boost

For more information on the Technology Investment Boost click here

Claiming Home Office Running Expenses in 2023

Fri, 21 Jul 2023 04:07:10 GMT

Claiming Home Office Running Expenses in 2023

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FY2023-24 Federal Budget Update

Wed, 10 May 2023 06:55:39 GMT

FY2023-24 Federal Budget Update

Click here for a Quick Snapshot of Key Budget Measures & Projections

Click here for a Detail listing for Individuals, Business, Superannuation, Taxation & Other indirect Taxes

Market Situation Update - US Banks, Inflation, Interest Rates and Recession Risk

Mon, 20 Mar 2023 05:04:33 GMT

Market Situation Update - US Banks, Inflation, Interest Rates and Recession Risk

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Interest rate rises 2023

Tue, 14 Feb 2023 23:01:00 GMT

The RBA hikes rates by another 0.25%

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Christmas & FBT Information Sheet

Mon, 05 Dec 2022 01:42:41 GMT

Christmas and FBT Information Sheet

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Summary of how FBT applies to common Christmas benefits

Mon, 05 Dec 2022 01:35:17 GMT

Summary of how FBT applies to common Christmas benefits

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Federal Budget 2022-2023 - Key Measures

Fri, 28 Oct 2022 01:07:02 GMT

Federal Budget 2022-2023 - Key Measures

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Federal Budget 2022-2023 - Economic Commentary

Thu, 27 Oct 2022 00:57:43 GMT

Federal Budget 2022-2023 - Economic Commentary

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Shares sliding again - Is there any light at the end of the tunnel?

Wed, 28 Sep 2022 22:40:18 GMT

Shares Sliding

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Share Market Downturn

Wed, 22 Jun 2022 02:02:51 GMT

Share Market Downturn

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Interest Rate Rise - May 2022

Wed, 04 May 2022 03:51:30 GMT

The RBA starts raising rates: how far and how fast? And what does this mean for investors?

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The 2022 Australian Federal election and investors

Tue, 26 Apr 2022 06:04:00 GMT

The 2022 Australian Federal election and investors

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The escalation in Ukraine tensions

Thu, 24 Feb 2022 05:23:32 GMT

The escalation in Ukraine tensions: Implications for investors

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Share Market Falls

Tue, 01 Feb 2022 22:39:01 GMT

Share Market Falls

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12 drummers drumming

Wed, 22 Dec 2021 05:49:49 GMT

Good things come to those who wait

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11 pipers piping

Wed, 22 Dec 2021 05:47:55 GMT

11 things everyone should know about their super

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10 lords a leaping

Wed, 22 Dec 2021 04:31:24 GMT

More Australians boost their income through the sharing economy

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9 ladies dancing

Tue, 21 Dec 2021 05:11:18 GMT

11 steps to financial independence for Australian women

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8 maids a milking

Thu, 16 Dec 2021 22:18:15 GMT

8 money tips for when your kid lands their first full time job

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7 swans a swimming

Thu, 16 Dec 2021 22:15:14 GMT

7 ways to stay active and healthy in retirement

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6 geese a laying

Thu, 16 Dec 2021 22:01:30 GMT

How to budget for your social life in retirement

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5 Golden Rings

Thu, 16 Dec 2021 02:59:57 GMT

Spring clean your credit rating

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4 Calling Birds

Thu, 16 Dec 2021 02:31:59 GMT

How important is money to your wellbeing

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3 French Hens

Tue, 14 Dec 2021 04:40:52 GMT

What are the 3 biggest living expenses for households?

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2 Turtle Doves

Mon, 13 Dec 2021 23:59:06 GMT

NSW Land Tax

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Whats next for the Australian and Global Economies

Mon, 13 Dec 2021 04:19:48 GMT

What's next for the Australian and Global Economies

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Partridge in a Pear Tree

Sun, 12 Dec 2021 23:25:22 GMT

How to Invest Ethically

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2020-21 Saw Investment Returns Rebound

Thu, 08 Jul 2021 20:54:19 GMT

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Detailed Overview of 2021-22 Budget

Tue, 11 May 2021 23:00:00 GMT

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2021-22Federal Budget Summary

Tue, 11 May 2021 23:00:00 GMT

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Market Outlook

Sun, 11 Apr 2021 23:00:00 GMT

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How to save for retirement in your 40s

Sun, 04 Apr 2021 23:00:00 GMT

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Change your spending habits to boost your happiness

Sun, 28 Mar 2021 22:00:00 GMT

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Budgeting for a baby

Sun, 21 Mar 2021 22:00:00 GMT

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Australian housing finance is booming - but can it continue?

Sun, 14 Mar 2021 22:00:00 GMT

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Rethinking retirement

Sun, 07 Mar 2021 22:00:00 GMT

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Get your affairs sorted with an estate plan

Sun, 28 Feb 2021 22:00:00 GMT

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Five ways to make yourself more employable in 2021

Sun, 21 Feb 2021 22:00:00 GMT

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5 tips for creating your own good fortune this Lunar New Year

Sun, 14 Feb 2021 22:00:00 GMT

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14 money mistakes to avoid in your younger years

Sun, 07 Feb 2021 22:00:00 GMT

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Personal Income Tax Cuts

Sun, 24 Jan 2021 22:00:00 GMT

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The right times for financial advice

Sun, 17 Jan 2021 22:00:00 GMT

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2021 - a list of lists regarding the macro investment outlook

Tue, 12 Jan 2021 22:00:00 GMT

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How to start saving for your future in your 20's

Sun, 10 Jan 2021 22:00:00 GMT

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Review of 2020 - Outlook for 2021 - From Pandemic to recovery

Wed, 09 Dec 2020 22:00:00 GMT

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Implications of a Biden Presidency for Investors and Australia

Mon, 09 Nov 2020 22:00:00 GMT

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Five reasons why this downturn and subsequent recovery are different

Tue, 03 Nov 2020 22:00:00 GMT

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Changes to personal income tax rates & PAYG withholding for employers

Thu, 22 Oct 2020 22:00:00 GMT

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2020/2021 Federal Budget Summary

Tue, 06 Oct 2020 22:00:00 GMT

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How is your credit score affected by COVID-19

Sun, 04 Oct 2020 22:00:00 GMT

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Putting your own needs first

Sun, 27 Sep 2020 23:00:00 GMT

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Jobkeeper Extension Phase 1

Tue, 22 Sep 2020 23:00:00 GMT

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Superannuation 101: Your guide to a happy retirement

Sun, 20 Sep 2020 23:00:00 GMT

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Some ways to use your tax refund for a stronger financial future

Sun, 13 Sep 2020 23:00:00 GMT

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Seven reasons why the trend in shares will likely remain up

Tue, 08 Sep 2020 23:00:00 GMT

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Don'd let overspending be your undoing

Sun, 06 Sep 2020 23:00:00 GMT

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Early access not so super for women

Sun, 02 Aug 2020 23:00:00 GMT

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Should you give your teenager a credit card?

Sun, 26 Jul 2020 23:00:00 GMT

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Essential apps for budgeting and savings money

Sun, 19 Jul 2020 23:00:00 GMT

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How seniors can come out of isolation on top

Sun, 12 Jul 2020 23:00:00 GMT

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Get on top of your finances post COVID-19

Sun, 05 Jul 2020 23:00:00 GMT

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Take stock of how much conveniences are costing you

Sun, 21 Jun 2020 23:00:00 GMT

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Why you need to keep your identity safe

Sun, 24 May 2020 23:00:00 GMT

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The big differences between the Great Depression and COVID-19

Sun, 17 May 2020 23:00:00 GMT

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How to reduce spending after a job loss

Sun, 10 May 2020 23:00:00 GMT

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Withdrawing from Super: what to consider

Sun, 03 May 2020 23:00:00 GMT

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Retirees, COVID-19, and options on the table during a market crash

Sun, 26 Apr 2020 23:00:00 GMT

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Where to seek advice in uncertain times

Sun, 19 Apr 2020 23:00:00 GMT

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Employees working from home

Mon, 13 Apr 2020 23:00:00 GMT

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JobKeeper payment wage subsidy measures announced

Mon, 13 Apr 2020 23:00:00 GMT

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Market Volatility - How it's affecting your Super

Sun, 12 Apr 2020 23:00:00 GMT

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Is Coronavirus driving a recession, depression or an economic hit like no other?

Mon, 06 Apr 2020 23:00:00 GMT

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The Coronavirus Pandemic and Economy Q & A

Mon, 06 Apr 2020 23:00:00 GMT

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Looking after your mental health during the Coronavirus outbreak

Sun, 05 Apr 2020 23:00:00 GMT

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Why we dont save anymore

Sun, 29 Mar 2020 22:00:00 GMT

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Early access to superannuation for individuals affected by COVID-19

Tue, 24 Mar 2020 22:00:00 GMT

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Government introduces Coronavirus SME guarantee scheme for bank loans

Tue, 24 Mar 2020 22:00:00 GMT

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Accessing Coronavirus supplement payment for sole traders and casuals

Tue, 24 Mar 2020 22:00:00 GMT

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NSW releases COVID-19 business support package

Tue, 24 Mar 2020 22:00:00 GMT

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Cash flow assistance for businesses

Tue, 24 Mar 2020 22:00:00 GMT

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Pension minimum drawdowns reduced by 50 percent

Tue, 24 Mar 2020 22:00:00 GMT

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Investing on behalf of your kids

Sun, 22 Mar 2020 22:00:00 GMT

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Investments - How to make sense of whats occurring

Wed, 18 Mar 2020 22:00:00 GMT

Key points

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Stimulus Package- Instant Asset Write Off

Sun, 15 Mar 2020 22:00:00 GMT

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Six Podcasts to help you find your way in 2020

Sun, 15 Mar 2020 22:00:00 GMT

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Stimulus Package- Apprentices

Sun, 15 Mar 2020 22:00:00 GMT

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Stimulus Package- Accelerated Depreciation

Sun, 15 Mar 2020 22:00:00 GMT

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Five ways to increase your financial wellbeing

Sun, 08 Mar 2020 22:00:00 GMT

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Director Liabilities to Increase

Wed, 04 Mar 2020 22:00:00 GMT

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The increasing spread of the Coronavirus

Mon, 02 Mar 2020 22:00:00 GMT

Key Points

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How to live with your parents as an adult

Sun, 01 Mar 2020 22:00:00 GMT

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Grow your super this year

Sun, 23 Feb 2020 22:00:00 GMT

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The Economy: Learn the basics

Sun, 16 Feb 2020 22:00:00 GMT

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Informed Investor - February 2020

Wed, 12 Feb 2020 22:00:00 GMT

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Federal Government assistance for bushfire victims

Sun, 09 Feb 2020 22:00:00 GMT

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Coronavirus and its Impact on Markets

Sun, 02 Feb 2020 22:00:00 GMT

The Coronavirus is slowly jumping international borders after its initial spread in China, and markets have not been immune to its impact.

Here, we take a look at some of the key market developments in relation to this feared pandemic.

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5 minutes for 5 days - get your finances in order

Sun, 02 Feb 2020 22:00:00 GMT

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Time to consider green investing?

Sun, 26 Jan 2020 22:00:00 GMT

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The Basics of Investing

Sun, 19 Jan 2020 22:00:00 GMT

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Meet the Team - Renee

Mon, 13 Jan 2020 22:00:00 GMT

Meet the Team - Renee

Job title? Receptionist.

What do you love about your job? Getting to talk to and meet lots of people and working with a friendly and fun team.

Most common question to you get from clients? Oh, I get so many different questions.. but probably "Can I speak with Tom?"

Where are you from? Warren.

What do you like to do when you aren't working? Going out for brunch to cafes, being outdoors, playing with my dog and taking her to the park, socialising with friends.

What's your favourite sports team? West Tigers.

Least favourite super hero? All of them, I'm not into superheros.

What's a fun fact about you many people don't know? I had a pet emu as a kid, his name was Mickey.

New Year / New Financial Resolutions!

Sun, 12 Jan 2020 22:00:00 GMT

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What happens if you need to become a carer

Sun, 05 Jan 2020 22:00:00 GMT

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Time to take the property plunge

Sun, 29 Dec 2019 22:00:00 GMT

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Merry Christmas!

Tue, 24 Dec 2019 22:00:00 GMT

The team at IEC Advisory would like to take this time to wish everyone a very merry Christmas.

Rebooting for retirement

Sun, 22 Dec 2019 22:00:00 GMT

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Are tiny houses here to stay?

Sun, 15 Dec 2019 22:00:00 GMT

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Work related phone use

Thu, 12 Dec 2019 22:00:00 GMT

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Market Review of 2019 - Outlook for 2020

Sun, 08 Dec 2019 22:00:00 GMT

2019 saw growth slow, recession fears increase and the US trade wars ramp up but solid investment returns as monetary policy eased, bond yields fell and demand for unlisted assets remained strong. 2020 is likely to see global growth pick up with monetary policy remaining easy. Expect the RBA to cut the cash rate to 0.25% and to undertake quantitative easing. Against this backdrop, share markets are likely to see reasonable but more constrained and volatile returns, and bond yields are likely to back up resulting in good but more modest returns from a diversified mix of assets. The main things to keep an eye on are: the trade wars; the US election; global growth; Chinese growth; and fiscal versus monetary stimulus in Australia. Click here to read more.

Staycations: Should you stay or should you go now?

Sun, 08 Dec 2019 22:00:00 GMT

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5 saving graces of Giftmas

Sun, 01 Dec 2019 22:00:00 GMT

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Ka-Ching! Talking money with kids

Sun, 24 Nov 2019 22:00:00 GMT

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Getting your investment property rent-ready

Sun, 17 Nov 2019 22:00:00 GMT

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Three reasons why FUN should be in your budget

Sun, 10 Nov 2019 22:00:00 GMT

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Opening up about money

Sun, 03 Nov 2019 22:00:00 GMT

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5 tips for a planet saving, money saving lifestyle

Sun, 27 Oct 2019 22:00:00 GMT

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Good things come to those who wait

Sun, 20 Oct 2019 22:00:00 GMT

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Where could responsible investing take you?

Sun, 13 Oct 2019 22:00:00 GMT

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Is buy now pay later a better way to borrow?

Sun, 06 Oct 2019 22:00:00 GMT

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Rent vs Lifestyle - Can you have it all?

Sun, 29 Sep 2019 23:00:00 GMT

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Can money buy happiness?

Sun, 22 Sep 2019 23:00:00 GMT

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2019 Dubbo Rhino Awards Finalists!

Wed, 18 Sep 2019 23:00:00 GMT

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Can I work if I have already accessed my Super?

Sun, 15 Sep 2019 23:00:00 GMT

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R U OK?

Wed, 11 Sep 2019 23:00:00 GMT

Mental health issues are complex and can occur in anyone and all kinds of circumstances.

Like lack of sleep, how you're feeling about your financial situation is something that can tip you towards or away from a sense of mental wellbeing.

If you're concerned about someone who may be experiencing struggles with mental health, ask R U OK?

Click here to read Dan Price's story.

Boost your savings for Spring

Sun, 08 Sep 2019 23:00:00 GMT

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How much do I need to start investing?

Sun, 01 Sep 2019 23:00:00 GMT

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Make Australia save again

Sun, 25 Aug 2019 23:00:00 GMT

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How to get out of debt

Sun, 18 Aug 2019 23:00:00 GMT

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Spot the scam signs

Wed, 14 Aug 2019 23:00:00 GMT

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Managing finances with a significant other

Sun, 11 Aug 2019 23:00:00 GMT

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The ups and downs of superannuation

Sun, 04 Aug 2019 23:00:00 GMT

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The 2018/19 Financial Year in Review

Tue, 30 Jul 2019 23:00:00 GMT

2018-19 saw solid returns for diversified investors, helped by a sharp rise in share markets in the last six months & solid returns from most assets, except cash.

Key lessons for investors from the last financial year were to: turn down the noise around investment markets, maintain a well-diversified portfolio; and cash continues to provide low returns.

A pick-up in global growth, renewed monetary easing, an absence of significant economic excess globally and okay equity valuations should support returns over the year ahead. But they are likely to be constrained with bouts of volatility as the US trade conflict impacts and risk remains around the Australian property market.

Click here to read our full review of the 2018/19 Financial Year.

Understanding Estate Planning

Sun, 28 Jul 2019 23:00:00 GMT

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Sustainable Investing - Making money and doing good

Sun, 21 Jul 2019 23:00:00 GMT

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Changing money habits for good

Sun, 14 Jul 2019 23:00:00 GMT

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11 steps to financial independence for Australian women

Sun, 07 Jul 2019 23:00:00 GMT

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Tax Tips and Tax Return Checklist

Thu, 04 Jul 2019 23:00:00 GMT

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Family Matters Workshop

Tue, 02 Jul 2019 23:00:00 GMT

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Say goodbye to tax troubles

Sun, 30 Jun 2019 23:00:00 GMT

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AFA Rising Star Top 10

Sun, 30 Jun 2019 23:00:00 GMT

We would like to congratulate one of our team members, being our Associate Financial Advisor, Cassandra Scoble for making the top 10 in the prestigious national AFA Rising Star of the Year Award 2019!

The AFA Rising Star Award celebrates the brightest new talent in the Financial Advice Industry in Australia.

Being selected in the top 10 is a testament to the hard work, commitment to education and ethical practice and the dedication Cassandra has shown to her career and the Financial Advice profession.

I am sure our clients and referral partners, will join our team, in wishing Cassandra all the best in the upcoming award process!

How to retire early

Sun, 23 Jun 2019 23:00:00 GMT

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Pronup or Prenup? What is the difference?

Sun, 16 Jun 2019 23:00:00 GMT

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What happens to my Super when I die?

Sun, 09 Jun 2019 23:00:00 GMT

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9 tips when you dont size up in the financial department

Sun, 02 Jun 2019 23:00:00 GMT

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End of Financial Year Super Strategies

Sun, 02 Jun 2019 23:00:00 GMT

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Changes to Insurance held inside Super

Thu, 30 May 2019 23:00:00 GMT

Are you at risk of losing the insurance you hold inside super?

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The hidden costs of buying a home

Sun, 26 May 2019 23:00:00 GMT

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What could the 2019 election outcome mean for you

Mon, 20 May 2019 23:00:00 GMT

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How to manage the impact of starting a family on your career

Sun, 19 May 2019 23:00:00 GMT

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7 healthy habits that could improve your bank balance by thousands

Sun, 12 May 2019 23:00:00 GMT

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8 money tips for when your child lands their first full-time job

Sun, 05 May 2019 23:00:00 GMT

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6 misconceptions about life insurance

Sun, 28 Apr 2019 23:00:00 GMT

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Digital Bootcamp in Dubbo

Mon, 22 Apr 2019 23:00:00 GMT

The Department of Industry, Business Connect, is holding a Digital Readiness workshop in Dubbo on 16th and 17th May (two half days).

The program is designed for start-ups and small business owners who are serious about growing their business using innovation and digital readiness techniques.

If you are interested in attending, Click Here for more information.

Spark joy with your finances

Sun, 21 Apr 2019 23:00:00 GMT

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It's time to close the gender superannuation gap

Sun, 14 Apr 2019 23:00:00 GMT

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Could a family dispute erupt over your will, or lack of one?

Wed, 10 Apr 2019 23:00:00 GMT

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What will you do in retirement?

Sun, 07 Apr 2019 23:00:00 GMT

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Touch Football Gala Day 2019

Mon, 01 Apr 2019 22:00:00 GMT

On Saturday 30th March, IEC had a team play in the Touch Football Gala Day. We played hard, we scored some tries.. and we took out the wooden spoon!

We had a great day, and we would like to thank the kids who came along to represent the IEC team. In particular to the three young ladies who played for us, and managed to co-ordinate a number of try time celebrations of syncronised backflips on field!

Federal Budget 2019 - What it means for you

Sun, 31 Mar 2019 22:00:00 GMT

The Federal Treasurer, the Hon. Josh Frydenberg MP, delivered the 2019 Federal Budget on 2 April 2019.

As widely predicted, the announcement included a range of tax cuts for both individuals and businesses. The Treasurer also announced increased funding for regulators to encourage tax and superannuation compliance, a number of positive changes to superannuation, and an affirmation of previously announced aged care measures.

This summary provides coverage of the key issues of most interest to you.

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WE did something EPIC!

Sun, 24 Mar 2019 22:00:00 GMT

On March 23rd, 2019, the IEC Team donned their best running shoes and singlets to take part in the TITAN Macquarie Mud Run. There were plenty of laughs, possibly some screams, and definitely a lot of "ouch's" as we made our way through the obstacles. Big congratulations to the kids who also represented IEC in the Kids Pits! A lot of fun was had by all, and we would like to thank all of the organisers, sponsors and volunteers who made the Mud Run such a wonderful event for all who attended.

Dust off your lunch boxes!

Sun, 24 Mar 2019 22:00:00 GMT

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Four ways to declutter your finances

Sun, 17 Mar 2019 22:00:00 GMT

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Steps to buying a home

Sun, 10 Mar 2019 22:00:00 GMT

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International Women's Day

Thu, 07 Mar 2019 22:00:00 GMT

Today at IEC Advisory we are celebrating International Women's Day with our team. We would like to take this time to acknowledge and thank the women who have contributed to the success of our business from our very first day, along with welcoming and thanking the women who have joined our team as we have grown. We would also like to thank our leading men, Tom Larkin and Joel Bones, who, while outnumbered, continue to place their faith in women in the industry to meet their client's needs.

Live for the moment vs Save for the future

Sun, 03 Mar 2019 22:00:00 GMT

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Your number 1 financial focus - decade by decade

Mon, 18 Feb 2019 22:00:00 GMT

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Four tips for women to take control of their super

Mon, 11 Feb 2019 22:00:00 GMT

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Royal Commission Final Report

Thu, 07 Feb 2019 22:00:00 GMT

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5:2 Savings Plan

Sun, 03 Feb 2019 22:00:00 GMT

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2019 A List of Lists Regarding the Macro Investment Outlook

Tue, 15 Jan 2019 22:00:00 GMT

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New Water Rebate Available to Farmers from 14th January 2019

Thu, 10 Jan 2019 22:00:00 GMT

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Review of 2018 - Outlook for 2019

Sun, 16 Dec 2018 22:00:00 GMT

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10 money conversations to have when your relationship heats up

Sun, 16 Dec 2018 22:00:00 GMT

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Protective Clothing - ATO Deductibility Guidlines

Wed, 12 Dec 2018 22:00:00 GMT

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What are the three biggest living expenses for households?

Tue, 04 Dec 2018 22:00:00 GMT

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IEC Informed Investor

Thu, 15 Nov 2018 22:00:00 GMT

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Market Correction or Market Downturn?

Tue, 30 Oct 2018 22:00:00 GMT

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Investment Seminar

Wed, 24 Oct 2018 22:00:00 GMT

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Baby Rhino Award Winners!

Wed, 24 Oct 2018 22:00:00 GMT

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IEC Advisory Investment Seminar

Fri, 28 Sep 2018 23:00:00 GMT

IEC Advisory Investment Seminar

2018 Dubbo Rhino Finalists!

Wed, 19 Sep 2018 23:00:00 GMT

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Should the RBA raise interest rates?

Mon, 02 Jul 2018 23:00:00 GMT

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NSW Budget 2018: Winners and Losers

Wed, 20 Jun 2018 23:00:00 GMT

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2018 Federal Budget

Wed, 09 May 2018 23:00:00 GMT

2018 Federal Budget: How will you be affected?

Tariffs, Trump & other Global Political Risks in 2018

Wed, 28 Mar 2018 22:00:00 GMT

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How you can fine-tune your superannuation in 2018

Thu, 08 Mar 2018 22:00:00 GMT

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Correction time for Shares?

Fri, 09 Feb 2018 22:00:00 GMT

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New Year, New Financial Resolutions

Fri, 12 Jan 2018 22:00:00 GMT

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You may have already given thought to some health-related wellness goals for 2018, but what about your financial wellness?

Bubbles, Busts and Bitcoin

Thu, 14 Dec 2017 22:00:00 GMT

Click here to read our article concerning

The surge in Bitcoin and how it has attracted so much interest

Source: AMP

IEC Financial Planning

Wed, 13 Dec 2017 22:00:00 GMT

Click here to learn more about the Review of 2017 and the Outlook for 2018

Source: AMP Capital December 2017.

Economic Update November 2017

Tue, 14 Nov 2017 22:00:00 GMT

Click here to read about the Market and Economic Overview as at November 2017

ATO releases self-assessment report on overall performance

Mon, 06 Nov 2017 22:00:00 GMT

To view how the ATO assesses its performance, and a summary of the ATO identified key focus area's Click here

Smart Investing

Fri, 25 Aug 2017 23:00:00 GMT

Don't let your emotions get in the way of smart investing

Tax Tips & Changes July 2017

Thu, 27 Jul 2017 23:00:00 GMT

There are several key changes in FY2018.

For more information simply click for the item relevant to you:

Simpler BAS System.

Overdue Tax Debt could impact on your credit rating.

Superannuation:

Deductible Superannuation contribution – Change to self-employed test.

Reduced Concessional contribution limit .

Employer obligations:

Annual PAYG Payment summary statement due.

Single Touch Payroll (Employers with >20 employees).

We note this is general information if you wish to understand further how this applied to your personal circumstances simply email or click here to send us a note and we can call to discuss.

Simpler BAS System

The ATO has advised that the Goods and services tax (GST) reporting on the business activity statement (BAS) is getting easier for small business. This is due to a change to GST reporting called Simpler BAS. With Simpler BAS, from 1 July 2017 small businesses will have less GST information to report on their BAS.

From 1 July 2017, Simpler BAS is the default reporting method for small businesses with a GST turnover of less than $10 million. They have less GST information to report on their BAS.

Small businesses will only need to report:

Click here for more information - https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/Goods-and-services-tax-(GST)/Simpler-BAS/ .

Overdue Tax Debt could impact on your credit rating

Recently, the government announced its intention to allow the Australian Taxation Office the power to inform credit reporting bureaus of long outstanding tax debts.

From 1 July 2017, any tax debt for a business over $10,000 and 90 days overdue may appear on that businesses credit rating.

Click here for more information - https://www.ato.gov.au/general/new-legislation/in-detail/other-topics/improve-the-transparency-of-tax-debts/ .

Superannuation - Removal of 10% rule from 1 July 2017

From 1 July 2017, irrespective of your status as self-employed or working as an employee for wages, you can now claim a deduction for concessional superannuation contributions made from after tax income.

Individuals aged below 75 will be able to claim a deduction for their personal contributions to a complying superannuation fund even if their income is derived wholly from employment or they are retired. The 10% rule will no longer prevent a deduction.

Please note the concessional contribution limits will apply. See below.

Click here for more information - https://www.ato.gov.au/individuals/super/super-changes/change-to-personal-super-contributions-deductions/ .

Superannuation - Reduced Concessional Contribution Cap

Do you or your employee's salary sacrificed contributions to superannuation? Do you make tax deductible contributions to superannuation?

From 1st July 2017, the concessional superannuation cap has been reduced to $25,000 each for all ages. Ensure you don't breach your limit by advising your employer or changing your automatic contributions.

Click below for more information
https://www.ato.gov.au/individuals/super/super-changes/change-to-concessional-contributions-cap/ .
https://www.ato.gov.au/rates/key-superannuation-rates-and-thresholds/?page=3#Concessional_contributions_cap .

Did you pay employees during the year?

In line with the normal process you were required to provide your employees with a PAYG payment summary by the 14th July 2017. This shows how much income they earned and how much tax you took out of their pay for the financial year (1 July to 30 June). You also need to provide a copy of each employee's PAYG payment summary, as well as a PAYG payment summary statement with the ATO by 14 August 2017 .

Click here for more information - https://www.ato.gov.au/business/payg-withholding/payg-payment-summaries/?anchor=Paymentsummariesforworkers#Paymentsummariesforworkers .

Single Touch Payroll

Single Touch Payroll is a government initiative to streamline business reporting obligations. Employers will be able to report salary or wages, pay as you go (PAYG) withholding and super information to the ATO direct from their payroll solution, at the same time they pay their employees. There will also be more options for completing tax and super forms online. Employers with 20 or more employees must start reporting through Single Touch Payroll from 1 July 2018.

https://www.ato.gov.au/about-ato/about-us/in-detail/strategic-direction/streamlined-reporting-with-single-touch-payroll/ .

Lodging your Tax Return

Fri, 14 Jul 2017 23:00:00 GMT

Do you want more when you lodge your tax return this year?

IEC Advisory offers a comprehensive tax return service!

At IEC Advisory, our focus is helping you to achieve financial success, and your aspirations.

We will not only ensure you are aware of all deductions you are entitled to claim,

IN ADDITION

our specialist team will also complete a comprehensive review of your financial affairs, make personalised and practical suggestions to assist you improve and protect your financial well-being.

Complete the online questionnaire and the financial health check, click here to start now.

Our team uses this information combined with our specialist knowledge to provide personalised solutions to help improve and protect your financial success.

Click here to contact us today:

PH: (02) 6800 2740

Unit 2/211 Macquarie St

Dubbo NSW 2830

Global Political Risks

Wed, 28 Jun 2017 23:00:00 GMT

One year on from Brexit what have we learned?

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Should you lend money to family?

Fri, 02 Jun 2017 23:00:00 GMT

Click here to read some of the issues to think about when lending money to family

The Australian Housing Market

Mon, 29 May 2017 23:00:00 GMT

Click here to read about the Key Issues in the Australian Housing Market

Economic Update April 2017

Wed, 17 May 2017 23:00:00 GMT

Click here to read about the Market and Economic Overview as at April 2017

Australian Federal Budget: Winners & Losers

Wed, 10 May 2017 23:00:00 GMT

Who are the Winners and Losers?

Image by cafecredit.com

Click on this link to read this interesting article from "In The Black" by Jan McCallum.

Australian Federal Budget 2017: Overview

Wed, 10 May 2017 23:00:00 GMT

Federal Budget 2017

What you need to know

Click on this link to see how the Federal Budget will affect you

Strategic Opportunity for SMSF's to own Farming land

Mon, 01 May 2017 23:00:00 GMT

Are you a Primary Producer who is after a strategic opportunity?

One of the major drawbacks of holding farming land within SMSF has been removed.

To read the full article click here.

The Basics of Investing

Sun, 23 Apr 2017 23:00:00 GMT

Need help with Investing?

Planning Meeting Checklist for Primary Producers

Tue, 18 Apr 2017 23:00:00 GMT

Click here to access the checklist

Planning Meeting Checklist for Businesses

Tue, 18 Apr 2017 23:00:00 GMT

Click here for more information

Stocks or Property:

Thu, 06 Apr 2017 23:00:00 GMT

Where to Invest Next?

Click on this link to read this interesting article, from The Australian Journal of Financial planning by Roger Montgomery

Are you a small business?

Wed, 29 Mar 2017 22:00:00 GMT

Are you aware of the BAS reporting changes?

Find out the relevant changes by reading this document

Do You Employ Backpackers?

Mon, 13 Mar 2017 22:00:00 GMT

Make sure you're not overtaxing your backpackers by following these requirements .

Super Reform at a Glance

Fri, 03 Mar 2017 22:00:00 GMT

Reforms have been made recently in regards to Superannuation in the following areas:

    Concessional & Non-Concessional Contributions
    Pension Limits
    Transition to Retirement Pension

Read the full document here or contact us today .

Fuel Tax Credit Rate Change - 1st February 2017

Sat, 18 Feb 2017 22:00:00 GMT

REMINDER: Fuel Tax Credit rate change 1 February 2017.

Fuel tax credits have increased for fuel acquired after 1 February 2017, in accordance with the CPI increase. These rates are indexed twice a year.

To make sure you claim the full amount you are entitled to, read ahead...

Why Insurance is Important - real benefits for you and your family

Fri, 17 Feb 2017 22:00:00 GMT

Why insurance is important – real benefits for you and your family

Insurance is all about protecting what you have now and what you need to have in the event of the unexpected.

As you travel through life, the protection you need is likely to change. The key to selecting the right insurance is understanding your present needs and making sure you have both the right sort and level of cover.

Being over-insured is a waste of money, but it is also a financial risk to have too little insurance in place. With this in mind, let's look at the types of insurance that may be particularly relevant to each life stage.

Read Full Article...