As crazy as it sounds save tax by putting your money in the bank.   From 1 July 2013, individuals will be entitled to a tax discount of 50% on up to $500 of interest income they receive.From 1 July 2014, individuals will be entitled to a tax discount of 50% on up to $1,000 of interest income received each year.

As most of us know saving for superannuation is a government requirment, its an investment in your retirement. Starting a Self Managed Super fund (SMSF) means taking control of your investment in your retirement. You accumulate superannuation by paying it in yourself, claiming a business deduction from your business paying in or from employers paying 9% of your gross wages into a super fund of your choice... this can be to a "retail fund" (you pay someone else to manage your super) or paid into your SMSF (enabling you to manage your own investments)  

By focusing on a few key strategic focus points, one business worked out that they could potentially turn their profits from $15,000 to $100,000 in one year.  This sometimes seems too good to be true…..this does not happen overnight, but if you don’t focus on the important focus points for your business, it might never happen….that is a certainty!

There are only 4 ways you can do this: Increase your number of customers Increase your number of transactions Increase your average sale Increase your effectiveness

Rental returns are directly related to the presentation of a property, so a quick paint and a small renovation is always going to add value to your rental return