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
Last Minute Tax Tips
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.
2016 Federal Budget
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
Horse Investment and the proper use of Self Managed Superannuation Funds (SMSF)
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
Majority of owners cannot sell a horse without all part-owners consent
A Supreme Court (NSW) judge has handed down her decision on 17th September, 2015 in Capogreco v Rogerson [2015] 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.
Why using the 20k Budget tax deduction might be the wrong decision
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.
Taxation Matters and the Thoroughbred Industry
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