Think outside the square by Peter Power

When sourcing finance for whatever reason don't restrict your search to the big 4 (ANZ, CBA, NAB & WBC). There are a myriad of financiers available outside the big 4 that may better suit your circumstances and/or offer more attractive terms.

With any finance application you will need to fall within the credit policy of the respective lenders.

Do you have more than one employer by Peter Power

If you have two or more jobs you can claim only one tax free threshold to avoid being undertaxed. If you claim the tax free threshold with more than one employer the danger is that your second and subsequent employer will withhold inadequate tax leaving you with an unwanted tax debt at the time of completing your tax return.

It is best to claim the tax free threshold from your primary employer.

Due date for September 2010 quarter BAS/IAS

Due date for lodgement and payment of September 2010 quarter BAS/IAS is the 28 October 2010. If completed and lodged via 3 Dimensions this is extended to the 11 November 2010.

Testing Microsoft Feeds for 3D Clients

Test Blog

Super Co-contribution by Peter Power

We have had a number of queries in respect to eligibility to the Federal Government's superannuation co-contribution.

You may be eligible for the super co-contribution if all of the following apply:
you make an eligible personal super contribution by 30 June each year into a complying super fund or RSA and don't claim a deduction for all of it
your total income (minus any allowable business deductions) is less than the higher income threshold
10% or more of your total income is attributable to eligible employment-related activities, carrying on a business or a combination of both
you are less than 71 years old at the end of the year of income
you are not the holder of a temporary visa at any time during the income year, unless you are a New Zealand citizen or holder of a prescribed visa
you lodge your income tax return for the relevant income year.
Source: http://www.ato.gov.au/individuals/content.asp?doc=/content/42616.htm&page=3&H3

Childcare Tax Rebate by Peter Power

Remenber there is a 50 percent childcare tax rebate available for parents who place their children in approved care. This rebate is based on your out-of-pocket expenses up to a maximum threshold. This rebate is dependent on your eligibility for childcare benefits and this eligibility is based on an income test which is higher than the income test for family tax benefits. This rebate is paid quarterly or annually.

Tailored Finance Solutions by Peter Power

3 Dimensions has had a very positive response to our letter to clients advising of our tailored finance solutions. We are achieving very positive outcomes for clients and will continue to provide updates via our blog, including case studies. All names and facts will be altered to protect privacy.