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Showing 11 - 20 of 70 results for "Furniture"

EOFY tips for advisers

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
... (TLE) is one tax measure that should be top of mind for advisers. This applies to assets such as IT equipment and office furniture purchased that advisers can receive an immediate deduction for, he said. Such assets must have been purchased and in use ...

Cost of living eroding super: ASFA

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... travel, many retirees are shifting this budget onto domestic travel, home improvements and other big-ticket items such as furniture and appliances. "As a greater number of people ventured out of their homes in search of a meal out or a domestic holiday ...

First Super adds to board

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
... Brakell will join First Super's board, commencing 1 January 2021. Brakell is chief executive of the Australian Cabinet & Furniture Association (ACFA) and a director of Innovation & Business Skills Australia's furnishing industry reference committee. ...

40% of ERS applicants not eligible: illion

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... and not maintain it. "Almost two-thirds (64%) of this additional spending was on discretionary items such as clothing, furniture, restaurants and alcohol," illion said. "Spending on debt repayments has dropped slightly since the first round of early ...

Stimulus, ERS pushes spending up 17%

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... normal levels. Those forced to work from home also appear to be continuing to fork out. Seven weeks ago spending on furniture and office supplies was up 138% on normal levels, now it's still up 114%. "Consumer spending across all states except Victoria ...

ATO extends WFH deductions

ALLY SELBY  |  MONDAY, 13 JUL 2020
... "shortcut" method covers phone and internet expenses, electricity and gas, and the depreciation in value of equipment and furniture used whilst working from home. Minister for housing and assistant treasurer Michael Sukkar welcomed the extension of the ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... realised with troubling reports of bank data showing money from super was being spent on discretionary items like alcohol, furniture or gambling." ISA said members should think carefully before accessing the scheme as it comes with a hefty price tag ...

Super withdrawals being misused

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... in the first two weeks. Most of the money, 64%, appears to have been spent on discretionary items such as clothing, furniture, restaurants and alcohol. "There's a group of people out there living very large on pizza and beer courtesy of tax-free super. ...

Taxman simplifies work from home deductions

KANIKA SOOD  |  WEDNESDAY, 8 APR 2020
... from home and covers all deductible running expenses including electricity, depreciation in things like home office furniture and computers, phone, internet, stationery and cleaning. It will be in place for expenses from March 1 to June 30 this year. ...

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
... with 13% returns for 2019, ahead of stamps (6% growth in value), rare whisky (5%), art (5%), watches (2%), wine (1%), furniture (0%), coloured diamonds (-1%), cars (-7%), jewellery (-7%). "It's only been possible to create an index on handbags now because ...