Dear clients and friends
Welcome to the March edition of Morrows Insight. We hope you find the following articles informative.
Placing Loved Ones into Aged Care
Morrows’ Principal Murray Wyatt discusses from personal experience the process of what happens when a loved one goes into Aged Care, what you and your family can expect and some of the key things you need to consider – click here
Purchasers to have an Obligation to Withhold Tax for the ATO when Buying Certain Properties
New legislation imposes a 10% withholding obligation on the purchasers of certain Australian assets – broadly speaking it relates to property purchased from a non-resident – click here
May Budget Planning
As budget time approaches there is always much speculation around what changes will be made particularly to retirement incomes. A prudent approach if you are contemplating making contributions or turning on a pension is to do it before budget night – click here
What is a Huge Risk to a Grandparent’s Happy Retirement?
Most people don’t think about the impact to their retirement plans if something happened, particularly to their son or daughter’s partner. Who would be helping with the grandkids when their children are at work? Sadly it’s a predicament that some people are forced to face – click here
Staff Spotlight – Getting to Know Kellie Stark
Kellie is a Morrows Senior Taxation and Business Advisor. We sat down recently with her to learn a little more about her role and her interests – click here