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Last Chance to Increase your UK State Pension at Lower Class 2 Rates
September 20th, 20185 April 2019 – seems like a fairly unimportant date to most, but if you’ve eligible to purchase UK National Insurance Credits at the Class 2 rate, it’s D-Day. On the 5th (which will come around sooner than you may think), Class 2 rates will be abolished by the UK government and you’ll be stuckread more
In The Media – Ian Gath’s Interview with Jenny Seaton
August 22nd, 2018Recently, McKinley Plowman's Head of Superannuation and Audit Ian Gath made another appearance in the media, this time having a chat with Jenny Seaton on Curtin FM's "Afternoons" show. In the interview he discusses the importance of drafting a comprehensive will, estate planning and other asset protection issues in situations of re-marriage (particularly after retirement).read more
The Benefits of Cloud Accounting
August 21st, 2018As the world moves more and more online, businesses must keep up with the pace. Accounting and bookkeeping is no different, and it’s as important as ever to be able to look after your business in one place, with access for the people who need it, and secure data at all times. Many business ownersread more
Personal income tax rates for Australian residents (2018-2019)
August 2nd, 2018There were some changes to personal income tax rates and thresholds in the 2018-2019 Federal Budget compared to 2017-2018. Notably, the old $87,000 tax threshold has been increased to $90,000; while the amount of tax on incomes for the highest two brackets have changed slightly. See the personal income tax rate tables below. [table id=4read more
Interdependent Relationships in Estate Planning
July 31st, 2018Protecting family estates from hefty tax bills can be challenging, however there are little known concessions that can save beneficiaries tens of thousands of dollars in liability. Many people make the mistake of not fully accounting for the relationship between superannuation and estate planning when drafting their wills. Estates with large payments from a superannuationread more
In The Media – Ian Gath hits the airwaves on Michael Worthington’s show “In Conversation”
July 11th, 2018Recently, our resident Superannuation Specialist Ian Gath was the special guest on Michael Worthington's "In Conversation" program. He discusses the current Superannuation landscape, Estate Planning, investment portfolios, and how his passion for Superannuation and Estate Planning has helped him establish himself as a leading professional in the field. Enjoy! https://youtu.be/t9ehcOC1E1w read more
McKinley Plowman Property Seminar – AUGUST 9th
July 5th, 2018At McKinley Plowman, we’re always on the lookout for ways to help you reach your financial goals, both short and long-term. With that in mind, we’re hosting a property seminar on Thursday August 9, in conjunction with Performance Property Advisory. The goal of this seminar is to educate clients and encourage future wealth creation andread more
McKinley Plowman’s Top Tax Time Tips
July 3rd, 2018Tax time is upon us! While this isn’t necessarily a time of year most people get excited about, something that motivates most people is a potential tax refund. Even in situations where you might not be eligible for a refund, legally reducing your taxable income to minimise your tax liability is always a bonus. Nowread more
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