Personal finance

Category: Personal finance

three people

Avoid penalties with an ATO payment plan

An ATO payment plan allows you to break down your payment into smaller amounts made via instalments and spread over a fixed period. Within ...
insurance costs

Navigate the complex world of insurance with an insurance broker

Insurance brokers act as intermediaries between individuals or businesses seeking insurance coverage and insurance companies. Their primary role is to help clients navigate the ...
adventure man

The Isle of Man has a tax cap of £120,000

The Isle of Man, also known simply as Mann, is a self-governing crown dependency between England and Northern Ireland in the Irish Sea. Under ...
sumo wrestling

Metabo Law to decrease Japan’s obesity rates

In 2008 the Japanese Ministry of Health, Labour and Welfare introduced the ‘Metabo Law’ to decrease Japan’s obesity rates. The ‘Metabo law’ is, in ...
girl book

The UK has a bedroom tax!   

In 2012 the United Kingdom (UK) introduced the bedroom tax to free up public housing (1 million spare bedrooms) and reduce the Government’s public ...
Marijuana

Marijuana tax

In the United States (US), the possession of cannabis is illegal under the Federal Controlled Substances Act of 1970. In contrast to the Federal ...
illegal early access super

Illegal early access to super

To access your super legally, you must satisfy one of the twelve conditions of release. Generally, you can only access your super when you: ...
super fund tax

30% tax applies to super fund balances greater than $3m

From the 1st of July 2025, the future earnings of super fund balances greater than $3m will be taxed at 30%. Currently, these earnings ...
Australia

What does the Australian government spend your income tax on?

Percentages vary from year to year based on changes in government policy and the economy but most recently, the highest percentage of funds from ...
pedigree trust

Protect your assets with a pedigree trust

A pedigree trust (also known as a linear descendant's discretionary trust) is a type of discretionary trust established to ensure that the property of ...