Issues Confronting All SMSF Accountants

SMSF accountantsThere is a great deal of debate among adults who are looking at their options once they retire. Whether it is in their 40s, 50s, 60s, 70s or beyond, the ability to care for yourself and others beyond your working life is a paramount concern that involves a lot of intricate details.

This is where the concept of a self managed super fund (SMSF) enters the equation. Here, the retiree can either act as the sole trustee or be up to one of four members for a fund that is entirely of their own control.

SMSF accountants are therefore utilised as niche specialists who can assist clients maximise the value of this fund and guide them to making decisions that will serve their own interests.

However, in the past few years in Australian law there have been some alterations to legal procedures when it comes to these representatives and the types of advice they are able to offer their clients.

Each one of the amendments has been designed to help the Australian consumer manage their affairs with a stronger degree of transparency as they plan their future.

With that in mind, let us discuss some of the issues that SMSF accountants face in today’s market as these new rules and stipulations have altered how they engage with you – the client.

Dealing With Administration

When it comes to administration, SMSF accountants have a series of facets to consider when consulting with the client. First and foremost their advice has to be catered around the suitability to the party they are representing, whether that arrives in the form of an individual package or for a business (corporate trustee).

The evolving reforms that have taken place before parliament will also have repercussions and it is the capacity to monitor their agreements to ensure they are in accordance with current rules that becomes paramount. The administration element will be all encompassing to include tax returns, audits, paperwork, compliance reports, trustee records and more as it pertains to the fund.

Rules Around Advice

What is classified as exempt and what is classified as a license-only requirement has shifted for SMSF accountants. In a majority of scenarios, an Australian Financial Services License (AFSL) is necessary to conduct advice for a client in a professional capacity. In some cases it is standard to be considered a financial advisor without those qualifications, but the grounds have clearly shifted in this respect in the past couple of years, notably in 2016 and 2017. Should legal compliance, accounting or taxation enter the discussion, then the AFSL license should be evident for anyone of the SMSF accountants you speak with.

Managing Pensions

SMSF accountants will be concerned with the concept of the pension throughout their discussions with clients. Their essential concern would be the format of the pension, whether it is a transition-to-retirement pension (TRIP) or a super pension. A license will be necessary for those practitioners that suggest beginning a pension and recommending sums to be paid. There are less stipulations in relation to the preparation of paperwork and tracking the limits that can be withdrawn on a minimum and maximum level. SMSF accountants have to be qualified if they articulate a specific amount that should be withdrawn to a pension fund.


As has been discussed, the role of SMSF accountants is far from a simple exercise. There is a great deal of diligence that has to be upheld as the client decides to shape their own future irrespective of the available super funds that are on offer in the market. This places a great deal of emphasis on the qualifications and expertise of SMSF accountants, so ensure that you have the right firm looking after your future.

Why IBM Planning Analytics is Ahead of the Game

When IBM launched their TM1 platform, that was the beginning of what would be a software revolution for business applications. In a cutthroat world where speed, efficiency and versatility became king, the need to remain current in the digital landscape was never more paramount.

In 2018, IBM planning analytics is the answer to those continual concerns as the market becomes more diverse, more competitive and even more complex than it was 10-20 years ago.

No matter what niche or what department you are situated in, there must be clarity from every end of a business. An

enterprise lives or dies by its ability to interpret information and proactively act on it, something that IBM has prided itself on for years.

Right here, we will outline the merits of the IBM planning analytics platform to argue why it is a market leader, a fact that can be overlooked by operators who are simply on the hunt for a bargain.

Rich Data Framework

If you are upgrading from the original Cognos TM1 model, then IBM planning analytics will allow you to integrate any cube from any database that you choose. The Workspace application in this format really does deliver for the end user, eliminating any hassle when it comes to data conversion. That can slow down the performance of an enterprise who are attempting to utilise a tool that is efficient and timely. With the help of selectors like slider, list and tile, the content can remain within context as the filters are shaped and shifted according to your own demands.

What-If Scenario Analysis

IBM planning analytics

There are moments when a business finds itself at a crossroads. Either a product has encountered problems or an investment opportunity has emerged with a potential commercial partner. Head one way and you might be on a path to major profits. Head the other way and you could be filing for bankruptcy. What is the solution here?


IBM planning analytics offers you a what-if analysis to play these hypothetical scenarios out in data form. Numbers could scale upwards or downwards as it integrates external and internal influences judging by the markets and other projections. This information will help you to see whether or not your assumptions are correct, switching away from the need to rely simply on gut instinct.

Uniformity Across Departments

Attempting to find common ground between different departments is tricky for a medium to large enterprise. IBM planning analytics assists in this field by offering a service that integrates a universal plan, no matter what sector of the business is in focus. From the customer service desk to the HR department, the sales team or the board of directors, each party is privy to the same processes.

High Level Automation

There will be events noted and upgrades that take place by IBM planning analytics that does not require any human intervention. Cutting down on human error through an automated process is part and parcel of what this software brand can deliver, by providing insight notifications at scheduled times and issuing analytics that work off internal memory data.


Should you be forced to run your online management and data analysis through a one-size-fits-all model? If you believe there are alternative methods that suits your business, why be forced to stick to an application that is inflexible? Thankfully IBM planning analytics addresses this concern head-on by delivering a multidimensional framework that filters information according to your internal designs. Product valuation, testing and customer demographic reporting can all be crafted by a developer that is privy to a brand’s own circumstances.


Judge IBM planning analytics for yourself as a business developer. The reputation of this brand is unwavering and there are a number of competing outlets who would love your business. However, it is obvious that the features and services on offer from IBM planning analytics is leading the way to ensure that organisations are maximising their potential and market reach.

How can a public relations company in Sydney help you?

Public relation companies in Sydney
differ from advertising agencies. They don’t buy ads, write stories or even put up billboards. Public relation companies in Sydney promote other companies or individuals through editorial coverage. This is done through sources of free or earned media as you are being promoted through websites, magazines, newspapers and television programs rather than paid channels.

However, public relation companies in Sydney and advertising agencies have the same end goal in mind, they want to promote their clients so that they can convey their positive attributes as well as increasing their overall awareness.

So why choose a public relations company in Sydney over an advertising agency?

The main edge that Public relation companies in Sydney have over advertising agencies is that people are more than likely to recognize when a form of advertising has been paid for. Public relation companies in Sydney work on building awareness through non paid channels which is seen as a better form of communication from a consumer perspective. Most consumers see paid media and immediately switch off. However, if the story comes through a non-paid channel they deem the brand or individual as trustworthy and actually adds value to society.

How do public relation companies in Sydney operate?

Instead of merely paying for the creation and distribution of advertising material, Public relation companies in Sydney operate in the following way:

  • Public relation companies in Sydney counsel the management of a company at all levels relating to policy decisions and their courses of action.
  • They research, conduct and evaluate communication of a continuous basis to ensure that the communication being relayed to the public is consistent with that of the brand image. These forms of communication may include: marketing, fund raising, and company involvement with the community and relations with the government.
  • They also plan and implement the organisation’s efforts to influence change with in the public setting. Planning, budgeting, setting objectives and the recruiting and training of staff are also covered with the scope of a public relation companies in Sydney.


What tactics do PR companies use and how do they help?

The tactics and strategies that Public relation companies in Sydney will ultimately results in what benefits you will be getting from their services. Below is a list of some tactics that Public relation companies in Sydney use:

  • Write and distribute press releases and speeches

This strategy involves writing statements to convey certain pieces of information about a company or individual in a professional way. Having a third party undertake the writing ensures that the information stays relevant and does not negatively affect the individual or company giving the speech.

  • The creation of special events

PR special events are designed to further expand the client’s presence and acts as an outreach program. They can be used to promote a new product or simply provide more brand awareness through charity or other sorts of special events.

  • Copy writing and blog posts

A common tactic that Public relation companies in Sydney implement is the creation of copy and blog posts for a lot of their clients. This includes writing new pieces of content to stay relevant on the internet or promoting themselves through blog posts on hosted websites.

Ideal Characteristics of a Wedding Photography Service

Wedding photography

Image: Pexels

The art of wedding photography is a varied field where experts of all backgrounds promote themselves as masters of the domain.


At the end of the day, you will be seeking a service that is value for money to deliver a product that you can love and cherish for years to come.


In order to achieve that with a wedding photography service, you need to understand what characteristics to analyse ahead of your decision.


Not all of these will be evident on first glance and you may have to consult with colleagues, friends and family.


However you go about reviewing the candidates, ensure that you cover the following topics thoroughly.



Your ideal wedding photography service will have the flexibility to sit down and speak with you to collaborate on the day beforehand. Having hard and fast rules over the presentation of a wedding is not a feature that you should look for, as the best practitioners will have a dialogue with the bridal party over the aesthetics of the photos. This will also go a long way to establishing a friendly and open relationship during and after the day itself.

Top Portfolio


Before you take a position on which professional you should hire to undertake the wedding photography, examine their past history and look at their portfolio. This will be able to communicate a number of points that will be prevalent to your decision, from the style to the quality and the presentation of the final product. If this is up to scratch and you deem it good value for money, then make steps to proceed. Should it fall short of those standards, then keep your options open and make other arrangements.



Even for professionals, the field of wedding photography can really test the patience of individuals who are tasked with a job during a day of stress, joy and relative chaos with people coming and going readily. To have the temperament of being patient whilst assertive enough to get the final product as they conduct the positioning of various bridal parties is what you are after. Those professionals who are demanding or panic when something does not go exactly according to script only elevates the stress and panic by those who should be enjoying the day.

Seen But Rarely Heard


The expert who is in charge of the wedding photography will have to be consulted and brought into the picture when the bridal parties are going about their business. From the best man and groom to the bride and family members, there will be a collection of various shots to incorporate the members who were there on the day.


For the photographer, they will be a presence without dominating the event. Should they not be in close proximity to you, then they should not be heard at all. A wedding is about those who partake in it, not the photographer who is there to chronicle the day.

Eye for the Photo


Above all else, professionals who are educated and skilled in the art of wedding photography should be able to produce a product that showcases their talent and eye for a photo. Sometimes the best snapshots of the event are not those that are carefully choreographed, but those that are taken in the moment when people are showing their emotion and living in the moment.


That is when a wily photographer will earmark their spot and take the right image and the right position and all at the right moment. If you can secure a provider that caters to that need, then you can rest assured you are in good hands.



Having given some context as to the merits of the top wedding photography services in your area, you should now be well placed to conduct a thorough and specified search. No two wedding photography services will be the same, so take time to talk with them about your desires and demands before settling on a choice that everyone is happy with.

Signs it might be time for a total house clean out

Let’s face it, mess can accumulate around us faster than we can realise. Sometimes the only good course of action is to organise a professional house clean out from a rubbish removal company.

Whether the mess is unhygienic or cluttered, there’s always a good reason to live in a nice environment. People have better moods and get more things done when they aren’t always thinking about the mess they are living in.

Let’s take a look at the common signs that it’s time for a total house clean out.

You can’t park in the garage anymore

One of the most common example of a mess that’s out of control is when it stops you from using a whole part of your house for what is was originally intended for. A garage is a convenient place to store a whole heap of junk, especially when you are happy to park the car outdoors.

While it’s nice to leave stuff out of sight in the garage, is it really the best use of the space? Even if you don’t find it necessary to park your car in a garage, did you really buy the property expecting to use the garage as a landfill?

If the answer to both these questions is no, then it’s a sign you need a total house clean out. Removing junk from the garage and other parts of your residence will kill the problem at its source so that you can use the space again.

You or someone else has tripped over the garbage

If a mess is actually causing you to fall over and hurt yourself, it’s time for a house clean out. You shouldn’t have to navigate your home like it was a minefield just because it’s messy.

Even if you only had a minor accident and have brushed it off, have you considered what it could mean for children or elderly people? It’s never a good idea to have a home that people could hurt themselves just trying to get around in.

It’s unhygienic

Even if you’re not the kind of person who leave rotten food out, grime, dust and other nasty things can accumulate in areas otherwise covered in junk. This can lead to developments of mold and dust concentrations that can be very bad for the health of people living there.

Do yourself a favour and get a total house clean out so that you don’t risk these health issues developing or becoming worse.

It’s embarrassing

It would certainly be unfortunate if you invited some guests over and forgot how embarrassingly messy your home is. While most people can forgive a bit of clutter, a major mess will send people away with a bad impression of your home maintenance skills.

Don’t be the person who constantly apologises for the mess that you never get round to taking care of. Get a total house clean out done and enjoy hosting parties and re-engaging in your social life from the comfort of your home.


Getting a total house clean out is something that can really improve your quality of life if you use it as learning experience. It gives you the breathing room you need to be able to re-order you home life so that you don’t end up making the mess again.

You’d be surprised by how much your mood and outlook will improve when you have a nice home to come back to after a long day. Don’t put it off any longer, if you know you need it, then don’t hesitate and get a total house clean our service done right away!

Why men’s novelty socks are trending

Every day you go to work, you wear a uniform, do roughly the same thing for the same amount of time before coming home and repeating everything the next day. Wearing a uniform and having set hours is all about creating a team environment. The only question is, ‘How do we make this fun?’

Narrowing our focus to males, who many could say have a stricter uniform than females in the corporate world, there are limited ways in which they can add a little bit of excitement to their day and jazz up their uniform. Now I am not saying that it is harder for men to dress for work, it is likely easier, but they are more confined in their standard dress of a suit and tie.

Men’s novelty socks are the answer. The beautiful thing about men’s novelty socks is that there is infinite versatility and is allows the conservative man to have a little bit of fun. Whilst many offices may have casual Fridays, waiting until then to have your fun with your work attire is boring and when there are other alternatives why not take advantage.

Colour and vibrancy

Wearing accessories that are neither black, blue or grey is a great way to add a little bit of colour and vibrancy to the boring suit. Men’s novelty socks can easily be matched with a tie or pocket handkerchief to add some colour and vibrancy to your outfit whilst remaining stylish. There are so many different designs and colours that you are able to be as extravagant or reserved as you like.

There are simple patterns on men’s novelty socks like striped shades of blue for those not wanting to be too wild. Alternatively, there are the yellow and red and green and blue and pink combinations that throw all of these colours together in stripes and circles and squares to really ignite your corporate accessories.


Wearing the same thing every day without colour or creativity can leave you feeling run down as the routine of the same day week in week out weighs you down. Being able to spice up your mornings by putting on your favourite pair of men’s novelty socks can leave you feeling a little more enthused for the day ahead.

No longer are you stuck in the corporate cycle but you can know that you are wearing a little bit of your own style underneath the smart suit. It allows you to express yourself in a more subtle way and pairing your men’s novelty socks with a pocket square or even your tie can be a nice added touch as well.

Something to talk about

When you meet people or are with colleagues, finding a mutual interest can sometimes be challenging. Taking a quick look to see if the person you are talking to is wearing a pair of men’s novelty socks can be a great conversation starter. When you are sitting down this is a lot easier so maybe try to manufacture a sit down chat. This can be great when meeting clients as you want to build a relationship immediately.


For some, this could be the biggest reason as to why men’s novelty socks are currently trending. Wearing the same old suit everyday can be boring and after a while you may feel and look like you are lacking style with limited effort. Wearing the men’s novelty socks and identifying matching ties or pocket squares can out you back in the style game and have you looking dapper. And never underestimate the power of style in getting that client over the line or convincing your boss to give you a little extra funding.

How to know when it is time to consider home cleaning in Sydney

Most people out there who have their own houses will feel quite proud of where they live. When someone has shown the initiative and strength required to save up for a house deposit, they will want to show this off by taking great care of their abode. While there is nothing wrong with this, things can sometimes no go to plan. Life can get in the way and people can have others things that are more important than their household duties. Some examples of this can be when someone has just had a baby, and they are getting used to life with their newborn. Others may have a sick family member or loved one who they need to take care of, or someone may have increased work responsibilities. Sometimes people can become injured or ill, and others may simply be heading off for a vacation. Whatever the life circumstance may be, many can benefit from implementing decluttering services in Sydney. While this is an amazing service that many people enjoy, some will still feel hesitant. This is because they can feel like they have failed in some way if they do not take care of their houses themselves. Others will feel guilty for spending money on such a service. Because there are so many people who are unsure when it comes to home cleaning Sydney, here is how to know when it is time to consider home cleaning in Sydney.

You feel stressed out when you enter your house

A clear sign that someone needs to implement home cleaning in Sydney is when they feel stressed out when they think about returning to their house. Instead of feeling relieved when they get to return to their safe haven, all they can think about is all of the tasks they have to do when they get there. These feelings of stress can also spread to the other members of a household and it doesn’t take long for everyone to feel a little on edge. Furthermore, when there are so many different things that need to be taken care of, even when someone does take care of a small task, another one will usually pop up right away. This can often lead to overwhelm and fighting, and people will no longer feel like they can relax and unwind. A great way to avoid these ill feelings is simply by considering professional home cleaning in Sydney.

There are no spare hours in the day

Another sign that it is time to look into home cleaning in Sydney is when there are no spare hours in the day. People will often be in denial about this for a long time and so it can be helpful for people to plan out their day on a calendar. When they do this, they will see that they are already completely booked out and there isn’t actually any time to take care of the housework duties. When this is the case, it only makes sense to look into professional home cleaning in Sydney. This is especially important when there is more than one person living in a residence and everyone involved is too busy to take on the take. It can be surprising for some when they realise how much home cleaning in Sydney can change their lives. They can once again have a place where they can go to relax and they can have more time to spend on other important things. Furthermore, their less stressed-out attitude can have a ripple effect into other areas of their lives.

Occupational therapy and driving

Occupational therapy involves the use of activities to aid in the recovery of individuals who suffer from a physical injury or mental illness. The therapy aims to give back individuals their independence so that they can have fulfilling lives. Task include going to the shops for groceries, interacting in social interactions or even driving.

The therapy can be applied to many different individuals including the elderly, those who suffer from a physical injury or who have a mental illness. It can also benefit children and early adolescents if they require attention.

If you are undergoing occupational therapy you may be required to do a driving occupational therapy assessment. Driving is definitely seen as a necessity in life so aiding individuals to get their driving permission back is vital.

Unlike most daily life tasks, driving is a complex task for anyone that requires a lot of cognitive, visual and physical ability. If any of these factors changes due to injury, age or illness you will have to seek an alternative driving assessment.

These are the mains things you need to know when trying to obtain your driving permission.

Occupational therapists are there to help

Occupational therapists (OTs) are health professionals who are there to assist you in every way possible. The OTs that conduct the driving assessments do have post-graduate training that they have completed.

When people’s skills have been compromised due any reason OTs are required to intervene when establishing whether the individual can still operate a motor vehicle. People suffering from the following conditions can benefit from seeing an OT to help them get their license back;

  • Physical injuries (including spinal and brain injuries)
  • Amputations
  • Parkinson’s disease
  • Dementia
  • Those suffering from a stroke or memory issues
  • Cerebral palsy
  • Multiple sclerosis

What does the driving occupational therapy assessment involve?

The test involves two components that are an on road assessment and an off road assessment. The off road component involves determining what factors will affect an individual’s ability to drive according to the guidelines of the RMS.

The component involves a;

  • A medical consultation
  • An information gathering session
  • Review of any taken medication
  • Visual function assessment
  • Knowledge of road law and road craft
  • Physical assessment
  • Cognitive and perceptual screening

The on road component is the actual driving part of the assessment where the assessor judges the person’s medical conditions and how they affect their driving ability as well as any equipment modifications that are required during driving.

The information that is gathered during the assessment is relayed between the OT and the instructor (can be both at times) and any recommendations are then forwarded to the individual.

Usually the assessor will meet at the house of the individual a couple of hours beforehand, the time varies depending on condition.

Once the assessment is complete the RMS will be contacted of the results and any amending program will be carried out if necessary.

If you are undergoing occupational therapy and don’t think you will be able to drive ever again there are solutions for you. There are driving occupation therapy assessments available that take into consideration any medical conditions and modifications needed in order for an individual to drive.

There are many services and businesses available that specialise in this type of field that are always happy to help. They usually are free to take any questions in order to help you with your process.


Electric versus gas water heater in NZ

When it comes to choosing how you want to heat your water, knowing the pros and cons of various systems is important. It’s important that you do your research of electric and gas water heaters in NZ so that you can make the best decision for your home or office.

There are a number of things to consider as cost and function are important and it is certainly a long term investment so you want to make the right choice between an electric or a gas hot water cylinder in NZ.



These have a recovery rate of approximately 190 litres per hour and are therefore better suited to smaller families. It is also worthwhile considering your access to power. If you live in an area that is regularly subject to power outages then this option may be a little risky as electric heaters do require access to electricity.


These are extremely efficient. They use very limited energy in order to complete the job and this makes them reliable.


In gaining greater efficiency you have to sacrifice a low cost. This option is a lot more expensive than others available. Whilst you may think that you are going to save money with a more efficient service you will find that you are likely to actually end up paying more due to the starting costs of the electric version.


This option is rather durable and you can expect it to last approximately 13 years which is not dissimilar to a gas water heater in NZ.

Gas water heater in NZ


There are two really great performance advantages when it comes to gas water heaters in NZ and they are; a fast recovery rate of about 50 litres per hour and their ability to continue working even when the power goes out. This makes them good for homes that have limited access to power or are regular victims of power outages.


In order to achieve this fast recovery rate you have to sacrifice some of the efficiency. With a gas water heater in NZ it is always kept hot which means that it is constantly using energy. You will also note that your gas water in NZ will be subject to heat loss as they are not perfectly insulated so this will lead to further inefficiencies.

Luckily, investing in a newer, higher-quality gas water heater in NZ can help to improve efficiency and you are also able to insulate your current one.


If you already have a gas line to your home then a gas water heater in NZ will likely be the cheapest option that you have available. They are easy to install, are cost-effective to run and require very little maintenance. This makes them the most cost effective model for the majority of homes.


Your gas water heater in NZ will last roughly as long as an electric version. These will last you approximately 12 years. This means that you will get some quality use out of it and in many cases you will have moved homes before you have to replace it.

Whilst this is simply a comparison between the two heating options, there are many more things to consider when deciding on a heating system for your home. This includes the size of your home, how regularly you will use the system and the number of people in your household which will impact on the amount that you are going to need at any one time. It is important that you do your research before investing in such a long term appliance.

Where to find solar battery storage in NSW

For environmental enthusiasts out there, they will likely already know what solar battery storage in NSW is and where they are able to find this system. For some, however, they are just learning about green practices and will be looking for a little bit more information. For those who may not know, solar battery storage in NSW is a system which stores energy sourced from the sun that is captured by panels (usually located on the roof of the building). The reason why so many people look into this kind of system is because panels can only offer power at the time when the sun is shining. Of course, the sun doesn’t shine 24-hours a day and so people have had to figure out a way to capture excess energy that is created so it can be used at a later time. This is where solar battery storage in NSW comes into play. This system can be easily installed on the inside or outside of any building so that energy can be provided during those times where the sun may not be shining e.g. at night time or when it is overcast. This system is even able to help when there is a black out. As there are so many benefits to solar battery storage in NSW, this article will explore the topic further and will advise readers of where they can get their hands on a system.

Search online for companies that offer solar battery storage in NSW

As there are not many in-person stores that can be visited that will sell and install this kind of system, sometimes the best thing to do is simply search online. For example, people can use Google to find relevant businesses near them that will not only sell the product but will have a lot of information about it too. These websites will usually also display the costs of the product as well as how they will for and any warranties that may be offered along with purchasing. In addition to all of this, websites may have a section where past customers have left their experience with the product. This can give potential customers a good idea of what they are buying and the different ways that their new purchase will be able to benefit them. On top of this, free quotes can usually be obtained when visiting different websites.

Are there different options to choose from when it comes to solar battery storage in NSW?

There are a few different options to choose from when it comes to solar battery storage in NSW. For example, newer models may have a larger capacity than the older models. There are also a few different options when it comes to the installation. This means that people can choose between having their purchase installed inside of the building or on the outside. Similarly, it can be installed on the wall or on the floor. These choices are completely up to the individual. There are also choices when it comes to paying for the item and the installation. Many companies will require a deposit and then the system can be paid off over time. There is also usually the option for people to pay for the whole thing up front. Having different finance options makes it easier for all sorts of people in different positions to be able to invest in solar battery storage in NSW and save themselves money in the long run. Many will find that they can greatly reduce their power bills with this system and can also feel great knowing they are reducing their carbon footprint.

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