Financial Planning & Tax Advice Sydney - Quinn Financial Planning

One in four Australian families find money a source of conflict in their relationship. – St George bank survey
This research also found that 40% of respondents believing the reason for the conflict was due to their partner’s overspending.
In my experience one partner may be paying more of the family bills than the other, but they are not overspending on themselves....

Are you or your parents over age 65? Are you aware of the tax incentive for over 65 year olds to downsize their home?
What is the downsize contribution strategy?
This strategy as the name suggests involves selling your home, purchasing another more modest residence and contributing the surplus funds up to $300,000 per individual member or $600,000 for a couple to superannuation. You have 90 days after receiving...

Periodically check you have received your compulsory superannuation
Generally if you are an employee you are entitled to receive superannuation contributions from your employer. The minimum your employer must contribute is 9.5% of your gross wage. This payment must go into a complying superannuation fund account. In...

It is well documented that saving for your first property is challenging.
From 1 July 2018, the First Home Savers Scheme will enable first-home buyers to save for a deposit inside their superannuation account, attracting the tax incentives and some of the earnings benefits of superannuation....