Senior Partner - Taxation & Business Advisory
This article, written from an accountant’s perspective, provides a comprehensive overview of income protection insurance, including its definition, importance, differentiation from other insurance products, coverage determination, tax implications, target audience, cost considerations, and the value of professional advice. The focus is to educate readers on the significance of income protection as part of their financial planning and risk management strategy.
This article, written from an accountant’s perspective, provides an in-depth look at credit ratings. It covers the definition, calculation, importance, score ranges, ways to check and improve the rating, common pitfalls, and the value of seeking professional advice. The focus is to educate readers on the significance of a credit rating in their financial life and guide them in managing it effectively for better financial opportunities.
This article, written from an accountant’s perspective, provides a comprehensive overview of the real costs associated with short-term loans. It covers aspects like high interest rates, additional fees, impacts on cash flow and credit score, the risk of a debt cycle, alternatives, and the importance of long-term financial planning. The focus is to educate readers about the potential financial pitfalls of short-term loans and encourage careful consideration and professional advice before proceeding with such financial decisions.
This article, aimed at enhancing financial literacy and written from an accountant’s perspective, provides an overview of how to understand a credit card statement. It covers key areas such as the account summary, payment information, detailed transactions, interest charges, credit limit, rewards summary, fees, and the importance of staying informed about any changes. The focus is on empowering readers with the knowledge to manage their credit card usage more effectively.
This article, tailored for individuals looking to improve their financial management and written from an accountant’s perspective, provides basic budgeting tips. It covers understanding income, tracking expenses, setting goals, creating a spending plan, planning for savings, limiting debt, regular budget reviews, using budgeting tools, and the importance of patience and persistence in developing effective budgeting habits. The focus is on establishing a practical and adaptable approach to budgeting for improved financial health.
This article, written from a tax agent’s perspective, provides essential information for first-time homebuyers about understanding and securing a mortgage. It covers mortgage basics, types, deposits, pre-approval, features, interest rates, additional costs, tax considerations, and the importance of professional advice. The aim is to educate new homebuyers on the key aspects of obtaining a mortgage and encourage informed decision-making in the home-buying process.