Are you an entrepreneur? A creative? Running a home-based business? Or simply just ‘sticking it to the man’? Regardless of whether you’re working the 9-5 in an office, your bedroom or by the pool – the government would also like to share in your successes.
Whilst almost nobody enjoys paying taxes, there are a few little tax incentives that the Government provides that could make a big difference to your bottom line. Generally, most expenses that a business incurs in producing income are claimable, so be sure to keep records of any spending that is business related!
Here are some tips to help keep more of your hard-earned cash in your pocket…Read more
“SO YOU’RE SAYING I CAN GET MORE OUT OF MY REGO?” NOBODY enjoys paying bills – and registration bills for the majority of vehicle owners usually ranks from ‘necessary expense’ at best to ‘absolute nightmare’ at worst. But did you know that there might be more than just the benefit of keeping your car on the road by paying your registration? Compulsory Third Party insurance (commonly abbreviated to CTP) is built into your registration fee, but surprisingly few vehicle owners understand the benefit of this insurance – or even what it represents. In Queensland, CTP provides an insurance policy that covers for personal injury caused by, through or in connection with the use of an insured motor vehicle. An injured third party has a right seek monetary compensation from the person ‘at fault’ for the personal injury and other related losses. This means that if you have been injured, you can apply for compensation relating to health expenses and economic losses that have occurred from the injury – providing you are not at fault. This proved to be the case for Jadon who had been caught up in a nasty prang driving home from work. As a result of the accident, Jadon required regular visits to the physiotherapist and time away from work. As he was not at fault and was eligible to claim for CTP insurance, all of his subsequent visits to the physiotherapist were covered by insurance. If something has happened to you or someone you know on the road within the last 3 years, contact us here at Brandon & Gullo Lawyers. Blayde or Ash will be happy to provide you with a free case evaluation to see if you are eligible to submit a CTP claim. For more information on Compulsory Third Party Insurance, please visit https://maic.qld.gov.au/ctp-scheme/Read more
No doubt, you’ve already started to think of all the ways you can lose weight, save money, stress less and improve your general well-being. All of that ahead of this Christmas when most of us will undoubtedly put on weight, over spend on Christmas presents, stress about the in-laws coming and drink a little too much eggnog! Here’s an article from a personal account of someone who made the decision to eliminate alcohol and caffeine from his daily life and the impact it has made. While I’m not advocating for all of us to give up alcohol and coffee (unless you want to), I thought it painted a good picture regarding how powerful habits are in our lives and the effect they can have (either positive or negative) across a wide range of areas. Click below. Food for thought! P.S. I’ll still be drinking coffee in the New Year. Karen Gullo (article below) “I Had No Alcohol and No Coffee for 15 Months and This Is What Happened” Written by Tobias van Schneider for Huffington Post “Exactly today I haven’t had a single drop of alcohol or coffee in 15 months. A couple of my friends on Facebook & Twitter asked me to write about my experience, so here it is, in a nutshell. With over a year of no alcohol & coffee, I did notice some side effects. Here is what I learned. I save $1000 every month After 2 months I noticed that I had $1000 more on my bank account. Yes, that’s a lot, but do the math and you notice it’s not that much. I live in New York. In order to spend $1000 on alcohol I only have to spend $33 everyday. Assume that I have 2-3 cocktails every other day (which are $10 each without tip), including some wine bottles every month for at home I can easily spend $1000. Some might think that this is heavy alcoholism, but trust me when I say that having 1-2 drinks everyday in New York is more than normal. Also, going out drinking means that the occasional dinner & snacks are more frequent. You don’t just drink, you get hungry and buy some food. And before you noticed it, you spend $1000. Less gossip If there is one thing I noticed quite early, then it’s the lack of social interaction my new diet brought with it. Here is what happened: You don’t really go out anymore. It’s exhausting to explain again and again why you don’t drink and NO also one drink is not okay. When a group of people asks me to join them for drinks, I mostly default to answer with NO because I just don’t want to deal with gossip as a sober person. If I do go for drinks, I last max. 1 hour because this is how long my attention span as a sober person lasts in a group of drunk people. While I was never a party animal anyways, completely stopping with alcohol made me go out even less. It’s amazing to see the culture of drinking slowly fading away from […]Read more
If you go where the money is, if you’re good at what you do, you continually learn and are prepared to work hard, then you’ll see the rewards – Ashley
Seven years ago we started Brandon & Gullo out of our ironing room! Over the years we’ve certainly made some mistakes and learnt some big lessons but we’ve also celebrated some great wins along the way. Two years ago we were recognized on the BRW Fast 100 list. While this was a wonderful moment to celebrate with our team, there are definitely some keys that have helped myself and the firm achieve this. Here’s just 6 things (out of the thousand) I’ve learnt or seen that might help you in your new or existing business venture.Read more
“Risk is like fire: If controlled it will help you; if uncontrolled it will rise up and destroy you” Theodore Roosevelt.
Could you support your family if you were injured/sick and needed several months off work? Income protection replaces the income lost through your inability to work. It is a great line of defense and usually a very affordable way to keep risk away from your hard earned wealth and protect your estate over your lifetime.
Here’s some ways to make it more affordable…Read more