Blog – Maddern Financial Advisers

Be ahead of the news in accounting, private wealth and finance

Weighing up the cost of risk – insuring your business

Weighing up the cost of risk – insuring your business

Team Maddern
03/Sep/2018
Running your own business can be rewarding, but there is also risk involved when you put your own money and reputation on the line. What would you do if your shop was destroyed by fire, a client sued over advice you gave, or your business was disrupted for months in the aftermath of a freak […]
Bankruptcy: Not the end of tax considerations

Bankruptcy: Not the end of tax considerations

Team Maddern
28/Aug/2018
With personal debt on the rise, many Australians are struggling with their finances. In most cases, a repayment plan can be worked out to get you back in the black. If that’s not feasible, another solution can be to declare bankruptcy, but this can have serious implications if you are running your own small business. […]
Maddern Financial Advisers – ifa Excellence Awards 2018

Maddern Financial Advisers – ifa Excellence Awards 2018

Team Maddern
30/Jul/2018
Maddern Financial Advisers are pleased to announce that we have been nominated for two awards in one of the financial industry’s most prestigious awards. As a local independent financial advising and accounting firm based in Melbourne we are in the running to take out an award at the independent financial advice event of the year. […]
A little adrenaline can be a good thing

A little adrenaline can be a good thing

Team Maddern
24/Jul/2018
We all know what it feels like to be stressed. For most of us, it is a hallmark of our daily lives. While the word has very negative connotations, stress can actually drive us forward. That surge of adrenaline we get when tackling something out of our comfort zone helps us to achieve our goals. […]
Superannuation and inheritance: making your wishes known

Superannuation and inheritance: making your wishes known

Team Maddern
16/Jul/2018
People often think their superannuation will be treated as part of their estate when they die and distributed according to their Will, but that’s not the case. Unless you have nominated your beneficiaries, the decision as to who receives your super is in the hands of the trustees of your fund. When that happens, the […]
How to avoid common SMSF mistakes

How to avoid common SMSF mistakes

Team Maddern
09/Jul/2018
Running your own self-managed super fund can be time-consuming, but it’s about to get a little easier thanks to a change announced in the May 2018 Budget. From 1 July 2019 SMSFs will be able to move to three-yearly audits if they have three consecutive clear audit reports and lodged their annual returns on time. […]
Tax Alert for June 2018

Tax Alert for June 2018

Team Maddern
25/Jun/2018
Budget promises tax cuts now, more later While the May 2018 Budget delivered modest personal tax concessions for the upcoming financial year to Australian taxpayers, the big news was a new long-term tax plan that will overturn the existing progressive tax system. Here’s a roundup of the latest tax news: Tax offsets for lower income […]
Tax traps for expats

Tax traps for expats

Team Maddern
18/Jun/2018
Every year more Australians head overseas to work for an extended period. While it can be great fun and a boost for your career, it’s important to remember the tax man will be taking a keen interest in your offshore activities. Whether it is the capital gain on your former home, where your super contributions […]
What will the Budget mean to you?

What will the Budget mean to you?

Team Maddern
09/May/2018
The Budget promises to deliver a strong economy, more jobs, guaranteed essential services and the government living within its means, so what does this mean to you? Encouraging tax cuts There’s immediate relief for Australians on low to middle incomes, as well as light at the end of the tunnel for higher-income earners. Those earning […]
Tax considerations when separating

Tax considerations when separating

Team Maddern
07/May/2018
Divorce is never easy, and with so many practical and emotional issues to process it’s hardly surprising if tax is not top of mind. But tax can have far-reaching consequences if it’s not considered when marital property is divided, especially now that divorce is on the rise among older couples with more wealth at stake. […]