We’re now on the home stretch to the end of the Australian financial year so it’s important to ensure that you’ve not overlooked anything as an Australian expat and haven’t missed out on any opportunities available to you. I’ve put together my End of Financial Year Checklist for Australian expats in Singapore and across the [...]
For most Australian residents, and the Australian expats planning to retire down under, superannuation will in many cases be one of the most tax efficient ways to save for and provide your retirement income. Providing your superannuation is managed appropriately and you receive the right advice, it can offer significant tax and estate planning benefits. [...]
As of 30 June 2017, there are more than 6.3 million lost and unclaimed super accounts, including those held by the Australian Tax Office (ATO), with a value of just shy of A$18 billion. If you’ve ever had more than one job in Australia, or even changed your name or address, then chances are some [...]
For most professional expats in Singapore, we’re focused on earning and building our wealth, rather than spending the time to review how you’ll pass it on. It’s important that you set time aside to start your estate planning journey. This is an important first step, but you must remember, this is just the first step. [...]
The ‘Super’ Australian Federal Budget 2016 has just been released and there are a number of important changes that Australian expats need to be aware of. There have been a number of key changes to superannuation, for both concessional and non-concessional contributions, as well as lifetime allowances. As Australian expats, it’s important that you seek [...]
There’s far more to retirement planning than simply making mandatory contributions to your superannuation fund or putting your surplus cash each month into a savings account. With an aging population and growing numbers of people over 60 living below the poverty level, far too many are either not saving for their retirement with a plan [...]
“In this world nothing can be said to be certain, except death and taxes.” - Benjamin Franklin One of the many great attributes of Singapore is the relatively low personal tax rates that we enjoy. For many countries including Australia, UK, France and Canada, the tax rates here in Singapore are considerably lower as [...]
The Central Provident Fund (CPF) is the retirement savings plan for citizens in Singapore. This is open to both Singapore Citizens as well as those that have Permanent Residency (PR) here. There have been many questions surrounding CPF lately so I’ve highlighted below the 6 key facts that you need to know. 1. You’ll earn [...]
One of the most important pieces of my personal financial puzzle is my Term Life Insurance Policy. The key reason that I have term life insurance is become I have a mortgage on my investment properties in Australia. When I have children in future, I’ll then look to increase my coverage to a higher amount [...]
A common question faced by most middle-aged people and those approaching retirement is – “How much do I need to retire with the lifestyle I want..?” The earlier you’re able to clearly answer this question the better, and the sooner you can start developing your strategic financial plan to get there. There is no [...]
