Super Choices for employees

Super choices for employees July 2018 If you earn most of your income from employment, you may want to make personal deductible contributions – instead of, or in addition to, salary sacrifice.. Super options Since 1 July 2017, employees have been able to claim personal super contributions as a tax deduction. Like salary sacrifice, personal […]
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Super opportunity for first home buyers

Super opportunity for first home buyers June 2019 Eligible first home buyers can save for their deposit in the concessionally taxed superannuation system, using the First Home Super Saver Scheme (FHSSS or scheme). If you qualify, this scheme may help you accumulate a larger deposit when compared to saving outside super. Key dates Voluntary contributions […]
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A Will isn’t always the only way!

A Will isn’t always the only way December 2018 You would have heard the saying: “where there’s a will, there’s a way”. This statement is usually used to encourage people who are losing enthusiasm for a task or goal. But it also reflects the way many people feel about estate planning. They think that so […]
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Steps to consider before entering Aged Care

Steps to consider before entering aged care   December 2018   Early planning can take away a lot of the stress and uncertainty that can arise when considering aged care at home or a residential aged care facility. Know what your options are The first option that probably comes to mind is a residential aged […]
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The Coalition Wins a Third Term

The Coalition wins a third term – your superannuation policy update in preparation for the end of the financial year The Coalition Government has been re-elected in the 2019 Federal Election, with a small majority of seats in the House of Representatives, after taking a policy of stability for superannuation to the election. After the […]
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4 Steps to help you protect your income

4 Steps to Help you Protect your Income Many of us don’t hesitate to insure physical assets such as our home, contents and vehicles, but what about our greatest asset of all – our ability to earn an income? While we’d all like to picture a smooth road ahead, sometimes that’s just not the case. […]
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Crush your Christmas spending: 8 ways to save money

December 13, 2018 / by Altitude Wealth Management / Blog / 0 Comments
Article adapted from Starts at 60 sponsored by St. George Money Would it be out of the question to assume you spend around $500 on Christmas gifts? What about a holiday? In the thousand dollar mark?   If you answered ‘yes’ to these questions, then guess what, you’re not alone! In fact, the average Aussie […]
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Have you considered what you will do if an unexpected event occurs?

Your SMSF is a long-term plan. Much can happen during this time including illness, incapacity or death of a member. It is best practice to have contingency plans in place to deal with unexpected events. For example, if a fund member dies, leaving you as the sole member are you happy to continue with the […]
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Considerations when planning for retirement?

Retirement tends to roll around a lot sooner than we expect. Laying plans from an early stage will ensure you enjoy the best retirement possible. What are my retirement options? Most of us look forward to retirement. It’s a chance to explore new horizons, do all the things we never had time for when we […]
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12 Facts of Christmas

December 18, 2017 / by Altitude Wealth Management / Blog / 0 Comments

As 2017 comes to a close, we all fall into holiday mode with Christmas & New Year’s just around the corner. Words of wisdom, thanks and optimism for 2018 are the ongoing communications that we are sure are taking place as we speak.

As we celebrate Christmas, many of you may or may not know the facts behind this celebration apart from the religious belief and aspect of the event. So, we thought it would be good to provide you the “12 Facts of Christmas” for you to share with your friends and loved ones –  wearing a paper crown while imparting this wisdom is optional.

  1. In AD 350 Pope Julius I proclaimed 25 December as the official celebration date for the birthday of Christ.
  2. Commissioned by Sir Henry Cole, the first Christmas card was invented in 1843 by British illustrator John Callcott Horsley. Hallmark introduced their first Christmas card in 1915.
  3. The first Christmas crackers were created by London sweet maker Tom Smith in 1847. Bonus fact: The largest cracker – 45.72m long and 3.04m in diameter – was pulled in Australia in 1991.
  4. Germans made the first artificial Christmas trees out of goose feathers dyed green. Tinsel was invented in 1610 in Germany and was once made of real silver. Apples were the first tree decorations. Bonus fact: According to the Guinness Book of Records, the tallest Christmas tree ever cut was a 221-foot Douglas fir.
  5. The tradition of Christmas stockings being hung by the chimney started when three girls who could not afford to marry as they had no dowry hung their stockings by the fire to dry. St Nicholas of Myra heard about the girls’ dilemma and dropped gold coins down the chimney and they fell into the stockings. Bonus fact: The largest Christmas stocking measured 32.56m long and 14.97m wide, weighed as much as five reindeer and held almost 1,000 presents.
  6. Saint Francis of Assisi introduced singing carols in a church in the 13th century.
  7. All the gifts in the ‘12 Days of Christmas’ would equal 364 gifts. The gifts actually refer to Catholic symbolism, for example “true love” means God, “a partridge in a pear tree” represents Christ, “two turtledoves” are the Old and New Testaments, “three French hens” stood for faith, hope and love, the “four calling birds” were the gospels of Matthew, Mark, Luke, and John.
  8. “Xmas” has been an abbreviation for Christmas (which is itself a contraction of Christ’s Mass) since the mid-1500s. “X” in Greek is the first letter of Christ.
  9. Irving Berlin wrote White Christmas in 1940 and Bing Crosby’s rendition has sold more than 100 million copies. Paul McCartney earns half a million dollars every year from his Wonderful Christmastime song.
  10. We Wish You a Merry Christmas was originally a threat – being sung loudly and repeatedly by crowds of rowdy servants demanding alcohol from their masters… or else – “We won’t go until we get some”.
  11. During the Christmas of 1914 (World War I), a truce was held between Germany and the UK. They decorated their shelters, exchanged gifts across no man’s land and played a game of football. During WWII, US playing card company Bicycle manufactured cards to give to all the POWs in Germany as Christmas presents – when the cards were soaked in water, they revealed an escape route.
  12. Visa cards are used 5,000-6,000 times every minute during the Christmas season and 28 sets of Lego are sold every second.

Once again, as another successful and enjoyable year comes to a close, we would like to thank all of our clients and their families for their support throughout the year. On behalf of all the staff Altitude Wealth Management, we hope you have had a wonderful 2017 and we are very much looking forward to a bright 2018 for all!

Looking to secure your future financials?

Contact Altitude Wealth Management today on (07) 4753 5777 or via email at townsville@altitudewm.com.au to speak with one of our friendly consultants on how you can secure your future.

Disclaimer

Past performance is not a reliable indicator of future performance. The information and any advice in this publication does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. This article may contain material provided directly by third parties and is given in good faith and has been derived from sources believed to be reliable but has not been independently verified. It is important that your personal circumstances are taken into account before making any financial decision and we recommend you seek detailed and specific advice from a suitably qualified adviser before acting on any information or advice in this publication. Any taxation position described in this publication is general and should only be used as a guide. It does not constitute tax advice and is based on current laws and our interpretation. You should consult a registered tax agent for specific tax advice on your circumstances.

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