Accounting and Finance Blogs
What is private health insurance, and how does it impact your taxes?
Feb 07, 2024
When it comes to managing our finances and staying on top of our tax situation, there are plenty of factors to consider. One crucial element that often gets overlooked is the role that private health insurance plays in this equation.Read more
How to increase your chance of home loan approval?
Nov 22, 2023
Securing a home loan is a crucial step in buying a property, and it requires more than just a casual approach. With fluctuating interest rates and strict lending criteria, you must be well-prepared to increase your chances of loan approval.Read more
Tax planning for property investors: Strategies to optimise your returns and stay compliant
Oct 20, 2023
Owning property can be a great way to earn money. But, like all investments, there are taxes involved. If you don't plan well, you might pay more taxes than you need to. On the other hand, if you try to avoid taxes without knowing the rules, you could get into trouble. That's why it's so important for property investors to understand tax planning.Read more
Is using a home equity calculator the first step to unlocking your home's value?
Oct 16, 2023
Homeownership is not just about having a roof over our heads; it's also about understanding the financial potential of our property. The home equity calculator has emerged as a prominent tool for homeowners eager to gauge their property's value.Read more
How can mortgage brokers help with your home-buying journey?
Oct 15, 2023
Finding the perfect home is a dream many of us cherish. But once that dream home is within sight, the journey of securing it often becomes complex with a web of loan options, unfamiliar terms, and extensive paperwork.Read more
Top 10 tax planning strategies to reduce tax and build wealth for high-income employees
Oct 14, 2023
Tax is a significant concern for many, especially those with high incomes. While business owners often benefit from various tax management tools, high-salaried individuals might feel their options are limited.Read more
What is an interest-only loan, and how do you strategically plan for its end?
Sep 09, 2023
Interest-only loans can be a double-edged sword, offering immediate financial relief but posing long-term challenges. This specialised mortgage allows you to pay just the interest for a period, often the first 5 to 10 years, before transitioning to a traditional loan structure.Read more
Why negative gearing is important for Australia's tax landscape?
Aug 21, 2023
Negative gearing has long been a contentious topic in the realm of Australian taxation. As a popular investment strategy, negative gearing allows individuals to deduct expenses incurred from owning an income-producing asset, such as residential property, from their taxable income.Read more
The pros and cons of hiring a tax agent for your income tax return in Australia
Aug 03, 2023
The arena of income tax returns in Australia is often a complex web that requires time, patience, and a good grasp of the ever-evolving tax laws. This complexity often prompts individuals to seek the aid of a tax agent.Read more
Simplify your tax return with online income tax return calculator
Aug 03, 2023
Understanding and filing income tax returns can feel like an uphill battle for many, fraught with complexities, nuances, and an inherent fear of making costly mistakes. This can deter individuals from maximising their benefits and availing themselves of the numerous tax-saving opportunities.Read more
Rise of buy now pay later (BNPL) services: Implications for borrowers and lenders
Jul 22, 2023
In recent years, the financial landscape has undergone a significant shift, with Buy Now Pay Later (BNPL) services emerging as a popular alternative payment method to traditional credit options. These services have revolutionised the way Australians shop, enabling them to purchase items immediately and pay for them over time in manageable interest-free instalments.Read more
The importance of financial literacy for managing debt and building wealth
Jun 27, 2023
Financial literacy is the ability to understand and use various financial skills, including personal financial management, budgeting, and investing. It is about making informed decisions about your finances, knowing how to keep a close eye on your debt, and how to effectively build wealth for the future.Read more
What is the impact of mortgage interest rate changes on loan repayments and how to prepare for them?
May 29, 2023
Ever wondered how changes in mortgage interest rates can affect your home loan repayments? Well, fluctuations in interest rates can have a profound impact on your monthly mortgage repayments, influencing your budget, financial goals, and overall financial stability.Read more
Understanding the impact of inflation: Managing your finances in an inflationary environment
May 21, 2023
Inflation is a key economic concept that silently erodes the value of your money, impacting your personal finances in significant ways. At ZedPlus, a renowned firm of online mortgage brokers and tax agents in Australia, we understand the importance of grasping inflation's effects and taking control of your financial well-being.Read more
Maximising investment returns with optimal negative gearing strategies
May 12, 2023
Are you looking to invest in property? If so, you probably may have heard of negative gearing. While it may sound like a complicated financial strategy, it is a simple and effective way for property investors to reduce their tax bills and maximise their investment returns.Read more
Understanding child support payments & personal finances in Australia
Apr 22, 2023
As a residential mortgage payer, it's essential to stay informed about how child support payments can impact an individual's personal finances. In this comprehensive blog post, we'll discuss how child support payments affect an individual's personal finances, and provide you with valuable insights that can help you better serve your clients.Read more
Important update: Accountants must alert clients to LMITO changes
Apr 17, 2023
Dear valued clients and residential taxpayers, we have recently come across an important update regarding the Low and Middle Income Tax Offset (LMITO) that we believe you should be aware of. This blog post aims to provide you with crucial information on the LMITO, recent developments, and what you can do to prepare for these changes.Read more
How green home loans in Australia can benefit your wallet and the environment
Mar 30, 2023
If you are looking to make your home more eco-friendly and energy-efficient, a green home loan may be just what you need. These loans are designed to reward borrowers who are buying, building, or renovating a property with sustainable and eligible clean energy products.Read more