Just 33 sleeps to go as we fast approach the first wave of 2018 yearlings going through the ring, starting at Magic Millions on 10 January 2018. Read more
The Federal budget not only affects all Australians but also foreigners wanting to either work or invest in Australia.
The labour-intensive horse industry relies on energetic workers from abroad to assist at Stud farms, racing stables and on the track. Unfortunately, it seems the 457-visa regime has been largely rebranded and could see employers across Australia in all industries pay $1.2 b more over four years for visas for temporary foreign workers. Read more
On the day of the US election, the Treasurer tabled the final legislation in Parliament to explain how he intends to implement the complex new super reform package. Read more
Stable Financial is excited to announce the launch of its partnership with Dixon Advisory to assist clients with their investment and SMSF advice needs. Read more
With the end of financial year fast approaching it is time to consider the last minute income tax tips and strategies to reduce your tax burden.
The 2016-17 Federal Budget is an election year budget so stay tuned as there will be more announcements to come as the Budget allows for a $1.6 billion “decisions taken but not yet announced” election war chest. Furthermore, with a pending election timing is everything and some measures may not even make it past the post. Read more
Stable Financial has noted that the important topic of horse investment and the use of SMSF have been raised in media outlets during the past week. We feel it is time to set the record straight. In particular, the question has been raised whether the SMSF collectable and personal use asset rules apply to horse investments… THE SHORT ANSWER IS NO. Read more
A Supreme Court (NSW) judge has handed down her decision on 17th September, 2015 in Capogreco v Rogerson  NSWSC 1371 in which it is again made clear by a court that part-owners do not have to sell their interest in a horse against their wishes.
So, your business has a turnover under $2 million and you want to know how to use the $20,000 immediate tax deduction that’s been all over the news?
Before you start spending, there are a few things you need to know.
We write to allay any concerns that may arise as a result of an article that appeared in newspapers across Australia yesterday titled “Racehorse owners to fight Tax Office crackdown” Read more