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#EveryoneNeedsaPlan to Avoid Money Scams
Posted by G. Dean McKinnon
on 22 February 2022
Money scams are increasing and the most popular is 'false billing'.
The recent ACCC report "Targeting scams: report of the ACCC on scam activity 2020" highlights the increase of criminals using payment redirection scams whereby they pretend to be a supplier of the business and request payment of a fake invoice using the criminal's bank account details.
The criminals usually hack into your email systems, so they know the credible details of your suppliers. The fak...
| Posted in:Business Planning | 0 Comments |
ATO Knows You Have a Boat!
Posted by G. Dean McKinnon
on 23 July 2021
The ATO, using their data-matching program, will now be able to obtain lifestyle asset data from insurance policies for the 2021 FY, 2022 FY, and 2023 FY.
The ATO will be comparing the value of certain lifestyle assets to your declared income and if you have a boat that is insured for $100,000 but your declared income for the last three years was $20,000, you may have a problem ...
The data-matching program will look for assets above a certain value, so if you have a $5000 dingy I would...
| Posted in:Tax | 0 Comments |
Consumer Guarantees Override Warranties
Posted by Dean McKinnon
on 8 July 2021
The Australian Consumer Law protects consumers by providing automatic guarantees on products and services regardless of the manufacturer warranties.
For example, if you purchased a sports watch and the seller provided a one-year warranty, but the watch broke 15 months after you purchased it, under the Australian Consumer Laws the seller must fix or replace the watch or refund the money to you.
There are different timeframes for different types of goods, so if you have an issue with a pr...
| Posted in:Legal | 0 Comments |
#Everyoneneedsaplan to Protect Their Identity from Criminals
Posted by G. Dean McKinnon
on 17 November 2020
Increasingly, the threat from criminals stealing your identity to arrange credit in your name has become a significant problem.
In the high-tech world we now live in, it is virtually impossible not to have your identity exposed to the possibility that it may be stolen and used by criminals.
Most of us now complete our everyday transactions via the Internet using our credit card and other details. Even the government now requires you to use their services online, including providin...
| Posted in:Mortgages and Finance | 0 Comments |
#Everyoneneedsaplan To Make Sure That Not Paying Too Much for Electricity
Posted by G. Dean McKinnon
on 16 November 2020
Following is a link to a website that will allow you to compare energy providers in your area, so you can determine if you are paying the right amount for your electricity and gas:
| Posted in:Budgeting | 0 Comments |
