Kingston Harrop Group

Property Hot Spots in Australia

2009-09-17T14:28:00.003+08:00

St George Bank have issued a report that highlights potential property hot spots for medium to long term price growth. Bassendean and Thornlie have been identified as the hot spots of Perth. See this article that provides details of the report prepared by RP Data for St George Bank:

http://www.abc.net.au/news/stories/2009/09/16/2688029.htm?site=local

Are you missing some superannuation?

2009-09-14T10:42:00.003+08:00

If you are unsure if you have more superannuation accounts about the place than you can recall, or you have moved house and don't get any mail from that old fund anymore - then you might want to have a search to locate that missing superannuation. Once located, explore with us your options for amalgmating your monies to an appropriate fund. See this link to start the search.

http://www.ato.gov.au/individuals/content.asp?doc=/content/16442.htm

Medicare Levy Surcharge changes - 2009 and 2010

2009-09-02T10:00:00.003+08:00

The rules pertaining to the Medicare Levy Surcharge have changed and this information summarises the income thresholds and other key determinants as to whether or not you may be liable for the surcharge.

http://www.khg.com.au/userfiles//Medicare%20Levy%20Surcharge%202009.pdf

Interest Rates Likely to Rise

2009-08-31T14:20:00.004+08:00

According to an article on 'Mortgage Business' today, interest rates seem likely to rise before Christmas this year. For the full article go to http://www.mortgagebusiness.com.au/breaking-news/2607-rate-rises-to-hit-within-months

Economic Update 19 August 2009

2009-08-24T10:37:00.004+08:00

See this economic update from Bankwest
http://www.khg.com.au/userfiles//WeeklySnapshot19August2009.pdf

First Home Owners Boost Scheme

2009-08-20T10:37:00.003+08:00

There are pending changes to the First Home Owners Boost Scheme as at 30 September 2009 and 31 December 2009. Bring yourself update by viewing this fact sheet from the WA Department of Treasury and Finance:
http://www.khg.com.au/userfiles//First%20Home%20Owners%20Boost%20Fact%20Sheet.pdf

Documents for Review

2009-08-14T16:05:00.004+08:00

See this link for the Kingston Harrop Group documents available for review.
http://www.khg.com.au/khg-docs.asp

Individual Tax Rates

2009-08-13T16:47:00.005+08:00

See this link for individual marginal tax rates that apply to residents and non-residents for the 2009 as well as the 2010 taxation years.
http://www.ato.gov.au/individuals/content.asp?doc=/content/12333.htm

Expanded Services now available

2009-08-13T16:30:00.003+08:00

We are pleased to announce that the Kingston Harrop Group has expanded its service offering through Kingston Harrop Financial Services Pty Ltd by entering into new arrangements with Australian Finance Group Pty Ltd and its associated company, Australian Finance Group Financial Planning Pty Ltd. Visit our web-site that has been upgraded to incorporated detailed information on all services available: www.khg.com.au

Education Tax Refund 2009

2009-06-22T09:53:00.003+08:00

A tax refund on certain (not all) out of pocket education expenses may be claimed if you receive, or are entitled to receive, Family Tax Benefit Part A or if as an independent student under age 25 you satisfy particular conditions. See this link for comprehensive details http://www.educationtaxrefund.gov.au/home/

Superannuation Co-Contribution

2009-06-19T12:38:00.005+08:00

Take time to review your income (before deductions and including Reportable Fringe Benefits) to consider if you may be eligble to receive a co-contribution to superannuation from the government - and then consider how much contribution to superannuation is appropriate in your circumstance (if any). Note: If your income is less than $60,342 you may be entitled to at least a part co-contribution if you make a personal contribution to superannuation.

See the following link for details and then discuss with us.

http://www.ato.gov.au/individuals/content.asp?doc=/content/42616.htm&page=1&H1

Investment Allowance

2009-06-18T23:32:00.001+08:00

See updated information regarding the Investment Allowance incorporating the 50% deduction for investment in depreciable business use assets - http://www.ato.gov.au/taxprofessionals/content.asp?doc=/content/00175431.htm

Web Page

2009-06-18T23:29:00.000+08:00

Visit our web page for details of our services - http://www.khg.com.au