Our two highlighted features of Xero this week: Xero’s implementation of live feeds. Information directly received from your banking institution makes reconciling and report producing a breeze. Also bringing with it a level of high integrity data production, by cutting out the middle man. This means no more relaying bank statements to excel spreadsheets […]
First Home Saver Account Cap
First Home Saver Account Cap The account balance cap on first home saver accounts is indexed periodically in $5,000 increments. Income year Account balance cap 2013-14 $90,000 2012-13 $90,000 2011-12 $85,000 2010-11 $80,000 2009-10 $75,000 2008-09 $75,000 Features of first home saver accounts The main features of first home saver accounts were: The government […]
