Before You Buy a Property: Checklist
Written by Tricia Williams, Manager - Edney Ryan Mortgage & FinanceBuying property, for many of us, is the biggest financial decision we will make – one influenced by both emotional and rational factors. Here is a simple checklist of recommended steps to take before making an offer or bidding at auction. Obtain finance pre-approval (read more below) Research the area (we... Read more
Edney Ryan Group is proud to be a Bronze Sponsor of the Balmoral Swim for Cancer, a family-friendly open water, charity event raising funds for the Children’s Cancer Institute. It is a unique event as it is one of the few swims held within the safety and beauty of Sydney Harbour. A great event for all comers. The swim is... Read more
Kate O’Brien Wins Hillross Adviser of the Year 2017
Written by Stephen Ryan, Managing Director - Edney Ryan Chartered AccountantsI am delighted to announce that Kate O’Brien has been named Hillross Adviser of the Year for 2017. This national award recognises the adviser who has demonstrated the highest level of professionalism and excellence through client service, advice delivery and implementation. Importantly, client advocacy, undertaken by the Beddoes Institute’s Client Experience Survey was an important part of the judging process, and we thank our... Read more
Informal Wills: A Risky Way to Express Your Testamentary Wishes
Written by Andrew O'Donnell - Director, Edney Ryan LegalA legally binding Will must be written on paper and signed by the testator in the presence of two witnesses. These requirements are designed to prevent fraud, undue influence, substitution or mistake, given that the person who creates the document is not available to be questioned when the Will is being executed. However, there are some exceptions, and Courts can... Read more
Overcapitalising: The Risk of Spending Too Much on Improvements
Written by Tricia Williams - Manager, Edney Ryan Mortgage & FinanceBy Tricia Williams, Manager – Edney Ryan Mortgage & Finance Renovating your home or investment property can be a wonderful way to make it more appealing to buyers and increase its overall value. However, there’s a fine line between spending money to make your property more appealing and overcapitalising on your renovations. In this article, we look at overcapitalising.... Read more
Each year we compile current tax rates and key superannuation data in our handy quick reference guide. You can request a hard copy by phoning (02) 9908 9888, email marketing@edneyryan.com.au or view the booklet online here.
Foreign Residents – CGT Withholding Tax Changes
Written by Angela Boyd - Senior Associate, Edney Ryan LegalThis existing withholding tax assists the collection of foreign residents’ Australian tax liabilities. Where a foreign resident sells certain taxable Australian property, the purchaser is required to withhold an amount from the purchase price and pay that amount to the ATO (see our previous article on this topic). Australian residents selling real property will need to obtain a clearance certificate from... Read more
Our Top 10 Tax Planning Tips
Written by Matthew Stewart - Director, Edney Ryan Chartered AccountantsWith the EOFY just days away it’s time to get your tax affairs in order. Here are our top 10 tax planning tips to get you started. 1. Small Business Assets Now might be a great time to purchase a new computer or work car. The 2017 Federal budget gave small businesses (with a turnover less than $10 million) a 12-month... Read more
Super Changes: Last Chance Before 1 July
Written by Kate O'Brien - Director, Edney Ryan Wealth ManagementChanges to the superannuation rules will come into effect on 1 July 2017. Hopefully you have already received comprehensive financial advice to ensure you are ready for the many changes from July 1, including the significant $1.6 million cap on tax-free superannuation. Here’s some final steps you can take, where appropriate to your individual circumstances, before 30 June to... Read more
Highlights of the Federal Budget 2017
Written by Stephen Ryan, Director - Edney Ryan Chartered AccountantsEach year it is fascinating to observe how the Budget is received. Most commentators subjectively assess the Treasurer’s efforts by how they, or their interest group, is expected to be impacted. But is it possible to assess a budget more objectively? According to the stock market and rating agencies the Treasurer has done a reasonably good job. The ASX is... Read more