Solution for Self-Employed Clients
As brokers, we understand that individuals require tailored solutions for their financial loan matters. Whether they are selling or buying property, entering the commercial market or are already self-employed, we have the solution at Launch Finance. Self-employed applicants have to deal with a lot of rules with banks when being considered for a loan, particularly […]
Final year for $20,000 small business tax break
Small businesses have less than one year left to take advantage of the $20,000 tax break that was announced at last year’s Federal budget review. The scheme allows businesses with an annual turnover of less than $2million to claim immediate tax deductions for as many purchases under $20,000 that they make within this time. Included […]
Make the Most of Your 2016 Tax Return
It’s that time of year when we start to get all of our items ready to send to the accountant to prepare your tax return. The self-employed returns don’t have to be lodged until the new year however, it is important to understand how your return will impact your outcome when you need the bank […]
ATO Requires Clearance Certificate for Property Sales Over $2million
Recent changes to the tax legislation has meant that the ATO now classes all property sales over $2million as a foreign investment transaction, which means if you do not obtain a clearance certificate from the ATO, you will have to withhold GST from the sale proceeds and could end up paying the ATO 10% of […]
3 Ways Mortgage Brokers Add Value
Purchasing a property can be quite scary when you’re starting out. There are a lot of things that you don’t understand and even more things that you have to consider. Do you opt for a fixed or variable interest rate? What documentation do you need to provide to meet the lending requirements? How much deposit […]