The PRWIRE Press Releases https:// 2019-03-25T22:32:31Z The natural & organic solution to Melasma 2019-03-25T22:32:31Z the-natural-organic-solution-to-melasma The natural & organic solution to Melasma Media Release - March 2019 Suffering from blotchy pigmentation across your face? You are not alone. Facial pigmentation known as Melasma is a very common condition caused by a hormonal shift or UV ray exposure, a common side effect of pregnancy. Melasma results in the overstimulation of the melanocyte cell causing pigmentation to appear through the layers of the skin resulting in brown/grey patches on the skin. Creator and Founder of La Mav Organic Skin Science, Tarj Mav first experienced Melasma during pregnancy, which ended up being the trigger to her creating her own brand of natural, certified organic beauty products. Tarj says, “I really found it was confidence killer and in particular in my work life and when I was in groups of people. I went from being a confident presenter to trying to avoid presenting at all costs. I have very few photos of myself from that period as I didn’t not feel comfortable in my own skin.” “As a researcher at heart, I quickly became aware that ingredients such as hydroquinone had side effects like skin dryness, sensitivity, increased allergies and endocrine disruption. It was then I realised the only way to really make a change was with natural and organic ingredients that would help nourish and heal my skin. We use bio actives that are Anti- tyrosianise inhibitors in our products to reduce the visual appearance of Melasma,” adds Tarj. Tarj’s recommendations for reducing the appearance of Melasma include: Rumex Advanced Lighting Crème | RRP $39.95 Infused with anti-aging constituents this daily moisturiser is designed to diminish discolouration and restore the natural radiance of the skin. Nourishing and protecting the skin, the advanced skin brightening formula protects beyond the skins outer layer, supporting natural cell repair and eliminating the damage of cellular DNA from UVA/UVB. Anti-Dark Circle Eye Gel | RRP $39.95 This light gel smooths out fine lines and wrinkles hydrating and revitalising the under-eye area. Diminishes dark circles and puffiness resulting in a more awake and fresh look, the gel brightens the skin under the eye area. Daily Vitamin-C Brightening Serum | RRP $69.95 Targeting discolouration in skin, the serum works to improve the skins clarity and boost radiance. Leaving skin with a healthy, glowing and even tone, the clinically proven bio-active complex contains high levels of Vitamin C, Aloe Vera and Rosewater which instantly revitalises tired skin. Vit-C Advanced Nightly Repair Nectar | RRP $59.95 This unique organic nectar created with the perfect balance of Vitamin C and synergistic blend of skin tightening ingredients promotes visibly lighter, evenly toned and radiant skin. Smoothing out fine lines and wrinkles the nectar delivers on long lasting anti-aging benefits, keeping natural healthy glow of the skin. “It is important to realise once you see Melasma on the topical layer, it means it is present in all layers of the skin and has slowly come to the surface. It is the surface Melasma we are constantly working on until the end of the cycle,” adds Tarj. About La Mav: La Mav uses active ingredients that have been proven in independent clinical studies and scientific research to be effective in reducing the signs of ageing. La Mav uses scientifically based formulas, with ingredients rich in vitamins, essential fatty acids, antioxidants, therapeutic grade herbal extracts and essential oils to help repair, rejuvenate and restore the skin at a cellular level. Products by La Mav are Certified Organic by the Organic Food Chain and Certified Cruelty Free by CCF. www.lamav.com Investment Property Acquisition CGT Tax Accountant Aged Care Kingsgrove Sydney 2019-03-25T22:00:07Z investment-property-acquisition-cgt-tax-accountant-aged-care-kingsgrove-sydney Calculating the Cost Base for CGT Deductions for Investment Properties There is generally great excitement when a rental income property is bought. The new owners have all kinds of plans, and sweet dreams about the extra income it’s going to earn. However, somewhere down the line the property will be sold, and the seller will be confronted by what the tax man euphemistically calls a “Capital Gains Tax event”. If it sounds pretty intimidating, don’t worry, as it’s fairly simple as property tax and acquisitions expert, Matthew Mousaof TLK Partnersexplains. "The profit or loss realised from the sale of a property is the “event”, and could be subject to Capital Gains Tax or CGT as it is referred to. Although CGT is a whole different ballgame, capital works deductions made now can affect the calculations needed for CGT when the property is sold." Deducting the deductions When calculating a Capital Gains Tax profit or loss after the sale of a property, the cost base or reduced cost base is the starting point for calculations. The final, or adjusted, cost base used must exclude any deductions already claimed, or could have been claimed, for capital expenditure. There are two conditions attached to this exclusion: The property was acquired after May 13, 1997. The property was acquired before May 13, 1997, but the money was spent, which gave rise to a capital works deduction after June 30, 1999. How does this work in practice? “Let’s say that you bought a rental property in 1998 for $200 000, and you sold the property in 2017,” Matthew explains. “The cost base in 2017 is calculated at $210 250. However, during the time you owned the property you claimed $10 000 in capital works deductions. You will have to deduct the $10 000 you claimed, to arrive at a new cost base for calculating your Capital Gains Tax. Your new cost base would therefore be $200 250.” Limited recourse debt arrangements If any part of the capital expenditure on capital works deductions was financed by a limited recourse debt, which includes certain hire purchase or instalment sale agreements, excessive deductions for capital allowances has to be included as part of assessable income. But this only applies if the debt was terminated, or wasn’t paid in full. Anyone unsure of what constitutes a terminated recourse debt arrangement, and its implications for assessable income, should consult a tax consultant for clarification on CGT, and any other tax implications of investment property, as it could have far-reaching effects on tax obligations. "Many property investors have been caught out and surprised about CGT triggered by a sale of an asset because they failed to understand CGT fundamentals," Matthew concludes. TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviserare wealth and taxation advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media; the Market Influencers. Reymond Opens Sydney Office 2019-03-25T04:51:46Z reymond-opens-sydney-office Lifestyle PR agency Reymond Communications has expanded into Sydney with a Darlinghurst office. The Melbourne based firm manages local, national and international clients and is pleased to be able to support them further with the addition of the new location, while attracting new business. Managing Director Joanna Reymond-Burns says the expansion is a natural progression following six wonderful years in operation with strong growth. “As a business it is important to continue to evolve and strive, so as well as the Sydney move, we have refreshed our branding and launched a new website. “The team and I are excited by this new challenge and hope to see it benefit our existing business, while creating new opportunities.” Reymond-Burns will share her time between the Melbourne and Sydney offices, while Account Manager Isabella Donato has moved to Sydney to manage the new location on a day-to-day basis. Exciting growth within the agency has encouraged internal promotions as well as the appointment of Angeline Lewis as a Senior Account Manager. - Ends - Notes to editors About Reymond Communications Reymond Communications is a lifestyle PR agency passionate about sharing the dynamic stories aligned with the design, hospitality and travel industries. Melbourne: 131A Chapel Street, Windsor VIC 3181 Sydney: L2/223-225 Liverpool Street, Darlinghurst www.reymond.com.au | @reymondcomms For media enquiry please contact: Joanna Reymond-Burns | Director | Reymond Communications E: joanna@reymond.com | T: +61 (0)3 9510 4124 | M: +61 (0)431 540 640 Winning Winter Warmers for 2019 2019-03-25T02:38:26Z winning-winter-warmers-for-2019 Winning Winter Warmers for 2019 Media Release - March 2019 Once again, the time of year has come around where we unpack our winter coats and layer up! The temperature begins to drop and we start looking for new and creative ways to stay warm without sacrificing comfort or lifestyle. Stay warm this winter with winter warmers from McGloins Supertex that will have you winning this frosty season. Nick Barnes, CEO of McGloins Supertex say “After the crazy weather we all witnessed over the summer, there is no question we are in for an intense winter. Don’t leave yourself out in the cold. Make sure you are prepared for this winter season.” Top 4 Winter Essentials 2019: TAAV VaporPRO RRP $69.95 Stockist: Chemist Warehouse, Selected Pharmacies or www.mstx.com.au The VaporPRO uses natural steam therapy and latest technology, designed to relieve nasal congestion. With a range of safety features including double wall insulation, a safety night light and auto-cut you, can feel safe leaving it on through the night. TAAV ThermoPRO Non-Contact Infrared Thermometer RRP $89.95 Stockist: Selected Pharmacies or www.mstx.com.au This handy gadget can measure foreheads, room and surface temperatures. With a simple, easy to read backlit screen, the thermometer operates uses a traffic light system to indicate normal and fever temperatures. The non-contact design makes it completely non-invasive and a hygienic solution to taking temperatures. HOTPOD RRP $39.95 Stockist: Chemist Warehouse, Selected Pharmacies or www.mstx.com.au Dubbed the next generation hot water bottle, the HOTPOD is an electric heat pack, designed with safety and convenience in mind. As well as keeping you warm, the HOTPOD is amazing for pain relief on the stomach, back and shoulders. Archline Slippers RRP $59.95 Stockist: Selected Pharmacies or www.mstx.com.au Archline slippers are orthopaedic and podiatrist recommended. Available in two colours (Grey Marle and Charcoal Marle) both closed and slip on styles are created with a built-in orthotic footbed which is formulated to be perfectly supportive and therapeutic. These winter essentials are all available now. Destination Cocktails Inspired by JURA ENA 8 2019-03-25T02:05:05Z destination-cocktails-inspired-by-jura-ena-8 Blurring the line between cocktails and coffee Media Release - March 2019 To celebrate the launch of JURA’s new fully automatic household coffee machine, ENA 8, JURA has released four cocktail recipes inspired by all four styles, or “destinations”. The new line has been created with the intention of taking you on a journey, and there is a design to suit all personalities. More than just coffee, the new ENA 8 is the perfect coffee extension for all your mixology needs. There are four styles or “destinations” available in JURA’s ENA 8 range, including Massive Aluminium, Nordic White, Metropolitan Black and Sunset Red. Metropolitan Black RRP $1,899 – Inspired by the hustle and bustle of city life with vibrant cafes, boutiques and bright neon lights illuminating the dark night sky. Think artificial office lights, or sleek white kitchens in contrast with the metropolitan black ENA 8. Nordic White RRP $1,899 – Think purity and clarity in the snow swept mountains. Take a step away from the world of colour and explore the vast land beyond with the Nordic White ENA 8. Sunset Red RRP $1,899 – With clay roof tiles and the warm light of the evening sun beaming through the window, experience the red earth through the sunset red ENA 8. Massive Aluminium RRP $2,699 – Combines traditional craftmanship with state-of-the-art product technology to create the world's first coffee machine totally encased in solid aluminium adding 1.9kgs to the overall weight of the machine. Four easy to make cocktails you can make in the comfort of your own home: Massive Aluminium Cocktail 30ml Bombay Sapphire Gin 20ml Noilly Prat Dry Vermouth 2 dash Orange Bitters *Cocktail inspired by Massive Aluminium design elements. Stir over ice and strain into a chilled martini glass. Garnish with a lemon twist. Nordic White Cocktail 30ml freshly ground JURA espresso 30ml 42 Below Vodka 60ml Vanilla infused coconut milk Build the liquor over ice and top with coconut milk. Metropolitan Black Cocktail 30ml freshly ground JURA espresso 30ml 42 Below Vodka 30ml Mr Black Coffee Liqueur Shake vigorously with ice and double strain into a chilled cocktail glass. Sunset Red Cocktail 30ml 42 Vodka 30ml Cranberry Juice 15ml Solerno Blood Orange 10ml Lime juice *Cocktail inspired by Sunset Red design elements. Shake with ice and double staring into a chilled cocktail glass. Garnish with a sliver of burnt orange zest. JURA ENA 8 is available now online at www.au.jura.com, selected electrical retailers, department stores and independent and specialty outlets. About JURA: JURA’s products stand for innovation, ease of use and sustainability. JURA believe in the perfect cup of coffee, using fresh beans, freshly ground and extracted at the touch of a button. The product range includes both machines for domestic use and professional models for the office and food service industry. In recent years the long-established Swiss brand has grown to become a global player, operating in around 50 countries. For more information, imagery, or to trial a JURA coffee machine, please contact 360 PR: Rachel King – 02 9571 4448 – rachel@360pr.com.au Space Bag your way to happiness 2019-03-25T01:42:31Z space-bag-your-way-to-happiness With the queen of organisation Marie Kondo sweeping the world by storm with her simple tidying tips, there’s no better time than now to re-arrange your belongings, stash away your summer wardrobe and last season’s home styling items. Space Bag offers the ultimate solution to improving your storage space and making your home look neat and organized, while also protecting your belongings. Nick Barnes, Director of McGloins-Supertex Distributors of Space Bag, says, “Autumn is a great time to tidy up your home before the cooler winter weather sets in. Marie Kondo has shown everyone that organising your home doesn’t have to be a painful and tedious process and we completely agree. Space Bag will be your new best friend!” Key benefits of Space Bags include: Compress and organise your belongings with ease and speed Keep contents airtight, waterproof and protect against insects, dirt, mildew and odours Outer tote layer: handles and inside straps Inner vacuum bags feature double zip is made from durable multi-layer, polymer film New and fast cap-free dome valve Stackable, reusable and folds flat when not in use There is a wide variety of packs available in the Space Bag range, including: Spacesave Combo 12 Bag Set. includes 9 vacuum-seal bags and 3 roll-up bags. RRP $69.95 Organiser Combo 4 Bag Set. Includes 2 Large Bags and 2 Medium Bags with vacuum seals. RRP $30.95. 2 Cube Bag Set. Includes 1 Extra Large Bag and 1 Large Bag with vacuum seals. RRP $30.95. 1 Hanging Bag. Vacuum seal. RRP $22.45. 1 Jumbo Bag. Vacuum seal. RRP $23.95 1 Extra Large Bag. Vacuum seal. RRP $19.45. 2 Large Bags. Vacuum seals. RRP $23.95 1x Medium Bag. Vacuum seal. RRP $13.45. 4 Travel Bags. Includes 2 large and 2 medium roll-up bags. RRP $32.45 2 Travel Bags. Includes 1 large and 1 medium roll-up bags. RRP $19.45. Space Bag is available now at Big W, Harris Scarfe & Howards Storage World nationwide or online at www.mcgloins-supertex.com.au Expert Aged Care Property Acquisition Tax Advice Accountant in Kingsgrove Sydney 2019-03-24T23:00:49Z expert-aged-care-property-acquisition-tax-advice-accountant-in-kingsgrove-sydney Tax impact of Buying or Selling Second-hand Depreciating Assets Buying or selling second hand assets can cause headaches at tax time. TLK Partners’ property acquisition specialist, Mr Matthew Mousa, offers insight into how to handle these situations, and what effect they have on tax obligations. Tax deductions on depreciating assets Matthew compares dealing with tax deduction claims on long-life assets to finding one’s way through a labyrinth, even when dealing with new items that will help generate rental income. Yet getting through this maze can become even more complicated, he says, when other factors become involved, like the disposal of a depreciating asset. Basically, a depreciating asset is one which has a long projected lifespan as an effective asset in generating income. Deductions against income, originally based on the asset’s initial cost, are spread over a period of years on a sliding scale schedule. This scale takes into account the asset’s dropping value and shortening lifespan as an income generator. Disposal of a depreciating asset When an asset like this can’t (or won’t ever again) be used to facilitate rental income, its tax position as a depreciating asset changes immediately. “Because it is no longer involved in generating an income, it doesn’t count as a deduction on your future tax returns, and therefore stops playing any part in determining future taxes,” Matthew explains. But it can’t just disappear off a return before the books on its tax history, including any remaining depreciation value, have been balanced and closed. There are various ways in which an item like this could have been “disposed” of. The most obvious is that it has been sold, lost or destroyed. A homeowner may have planned to use the asset to generate rental income, and then decided against it; cancelled its installation; or changed the way he uses it, so its sole purpose is no longer generating a rental income. An asset may also have to be “disposed of” if it was considered while in a partnership, but the use of the asset, or the nature of the partnership, has changed since then. “All these reasons are valid ones for its disposal in terms of tax. The bottom-line is that you must be able to affirm that you do not expect to ever use it again for its original purpose,” Matthew says. Balancing adjustment event To change the asset’s status somewhere down the line, when the depreciation process has not been completed, requires levelling the scales on what’s gone out and what’s come in with regard to that asset’s disposal. This involves creating a “balancing adjustment event” on a tax return. To do this, the following steps need to be taken: Work out what value of the depreciating asset remains unclaimed. This becomes the balancing adjustment value. Then take selling price of the depreciating asset, or termination value if it was scrapped, and compare it with the adjustable value. If the termination value (sale price) of the asset is greater than the adjustable value; the difference between the two becomes a form of income which has to be added to assessable income along with income from other sources, including rent. However, it is not included as part of the rent, but instead listed under “Other Income” on a tax return. If the adjustable value is greater than the termination value, deduct the difference on the current return. Purchase of second-hand assets When purchasing a second-hand asset, its price can generally be claimed, in the same way as the cost of a new asset would be claimed for, and subject to the same conditions regarding its projected life-span and purchase price as are applied to new assets. However, if second-hand assets form part of package when a rental property is bought, there are some steps that need to be taken to separate them from the rest of the package. The depreciating assets that come with the rental property must be separated from the price of the property itself based on reasonable values determined by both seller and buyer, and specified as part of the sale agreement. If they aren’t specified, a reasonable cost will have to be determined by the homeowner. If unable to do so, a qualified evaluator will have to be called in. Whichever way it’s done, the owner must be able to show a firm basis for establishing the value. "Sound taxation advice and planning can save heartache and financial surprises," Matthew concludes. TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviser are wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media. NSW Wealth Management Age Care Financial Planning Property Acquisition Services TLK Partners' Property Acquisition Expert Matthew Mousa 2019-03-24T22:00:40Z nsw-wealth-management-age-care-financial-planning-property-acquisition-services-tlk-partners-property-acquisition-expert-matthew-mousa Property Owners’ Claim Borrowing Expenses At Tax Time While some rental property expenses can be claimed straightaway, there are a number of expenses which are only deductible over a number of years. Matthew Mousa, Partner and Adviser with TLK Partners, tries to ease your way through the minefield of these sorts of tax claims. The tax laws regarding rental property have changed recently, and it’s important that investment property owners get to understand the new regulations. What expenses are deductible over a number of years? Borrowing Expenses are one of the three different types of expenses that the tax man expects you to deduct over an extended period of time. The others are the Depreciation of Assets and Capital Works Expenses. Borrowing expenses There are certain unavoidable expenses that you will have to pay when you borrow money to purchase an investment property for extra rental income. To start with, you will have to pay the institution that lends you the money for establishing the loan, and you will also have to pay a fee to the mortgage broker. You’ll also be charged for the lender searching for the title deed. Then the lender will send a building inspector to inspect the property and make a valuation. This expense will also be your responsibility. That’s just the start: Preparing and filing the mortgage documents requires stamp duty on the documents, and the expense of this will be yours to carry. And, believe it or not, the lender’s mortgage insurance is also for your account. These are all classified as borrowing expenses that are deductible over a number of years. What borrowing expenses are not deductible? The insurance you are required to take out to cover your mortgage in the event of your death, disability, or unemployment. The Interest the lender charges you. The Stamp Duty that’s charged on the transfer of the property. This is not to be confused with the stamp duty on the mortgage documents, which is deductible. Certain rules govern the deductions If your total borrowing expenses are less than $100, you can claim the total amount in the year you took out the loan. However, if your total borrowing expenses are more than $100, you will have to deduct them over five years, or the length of the loan agreement, whichever is shorter. This means, if your loan is repayable over three years, the deductions are calculated over three years, and not five years. If you repay your loan earlier, you are allowed to deduct what’s left of the borrowing expenses in the year that you repaid the loan. If you took out the loan during your first income year, you can only claim a proportional amount of the borrowing expenses you would normally claim for a full year. If you took out the loan, say, three months into the new tax year, you would only be able to claim 75% of what you would claim the next year, and every year thereafter, until the three or five year term is completed and the loan is paid off. The same proportional calculation will be necessary in the final year. TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviser are wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media. Financial Wealth Management Property Acquisition Accountant Kingsgrove Reveals Renovation ATO Tax Benefit 2019-03-22T22:00:40Z financial-wealth-management-property-acquisition-accountant-kingsgrove-reveals-renovation-ato-tax-benefit Renovations Help you Up the Rent Says TLK Partners Property Expert Matthew Mousa Well-kept properties can result in better rent, but owners shouldn’t over-spend on renovations. Property Acquisition specialist Matthew Mousa of TLK Partners advises on improvements that will be both easy on the budget, and show extra return on investment. Some rental property investors might be unsure of where and how to invest renovation dollars for maximum return. “As a property investor myself, it’s easy to spend a fortune and over-capitalise on the property,” warns Matthew. “Rather invest in cost-effective upgrades on key areas, known to attract tenants. Not only will you draw people who are prepared to pay a little extra, but they are also more likely to care for it during their stay.” Bathrooms and kitchens are two of the major areas – one represents the heart of the home, because it is where food and nourishment originate, while the other is a haven for relaxation and de-stressing. These two rooms could easily become a ‘wow’ factor. However, most importantly, they should be spotless, and leave a squeaky-clean impression. Sprucing Up The Kitchen Representing the heart of the home, a tatty kitchen will turn away potential tenants. It should be spotless, and leave a squeaky-clean impression. A full-blown kitchen renovation is a costly exercise, but there are ways of improving the space and creating a ‘wow’ factor without blowing the bank. Matthew recommends looking at and changing the small details. Add a splash back behind the stove or sink or replace the existing ones with fresh tiles. Splash backs serve a double function in protecting the wall from damage, but can also be a striking feature with clever tiling choice. Do the counter-tops and cabinet doors look tired? A granite top will make an impressive feature, while new doors with fresh hinges and modern handles will transform old cupboards. Another practical improvement is the addition of clever lighting, to brighten the space and improve its function. Cleaning Up The Bathroom “Keep good design and classic style in mind when you consider renovating the bathroom of the rental property,” advises Matthew. He warns against overly-modern or trendy fittings as they can easily date in a few years’ time. Owners could, however, add contemporary touches with modern towel bars and vanity shelves. Once again, the importance of a brilliantly clean look cannot be overemphasised. Light Up With Flair Dark and dingy is a definite no-no if you are looking for a higher rent. Apart from lights being an expression of style, it is most important that your rental property is well lit. “Remember to open blinds and switch the lights on where necessary when you’re showing the property, as light and airy looking properties hold much more appeal,” says Matthew. Lighting and light fittings can create ambiance in any room, and the variety of styles of lighting available is infinite. It can be used to create any look and feel of your choice, from rustic to industrial. Just be careful not to go too way out there – tenants want to add their own personal touches to make the rental property their home, and they don’t necessarily have the same taste in décor as the owner does. So choose something functional, classy, tasteful and fairly neutral. When faced with dark corners or rooms, skylights or installed windows are a wonderful source of light and sun, and can often make all the difference in bathrooms and kitchens by lighting them naturally. Choose energy efficient long-lasting lighting, not only to reduce tenant’s electricity bills but also to care about the environment. Happy Tenants Stay Longer Renovating rental properties from time to time not only holds the bonus of collecting more rent each month during the tenant’s lease period, but could save other costs in the long run. "Remember, if tenants love their home, they will stay longer, so investors will save on advertising and screening costs. It really is best to show it off the property its best light," Matthew concludes. TLK Partners are real people just like you with hobbies like property investment; Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviser are wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media. Sydney Investors Aged Care Financial Income Protection Tax Expert and Wealth Planner Matthew Mousa From TLK Partners 2019-03-22T21:00:07Z sydney-investors-aged-care-financial-income-protection-tax-expert-and-wealth-planner-matthew-mousa-from-tlk-partners Part-Year Rentals Affect Property Investors Tax Claims Says TLK Partners Expert Matthew Mousa Tax rental income statements record every dollar received on investment properties, but it doesn’t reflect how many dollars an investor actually takes home. Rental property investors, will have had to settle a lot of bills in order to receive the dollar bills listed as income – without doing so, they would have received a lot less. But what happens if an investment property is only rented out for part of the year? TLK Partners’ property specialist, Mr Matthew Mousa, looks at the tax implications. Sam and Jane were looking for tenants, but made it way too difficult for anyone to rent their property. They asked for references even for short term tenants, and barred children and pets. And they also demanded final approval, despite advertising their premises through an agent. To top it all, not one prospective tenant earned that approval. In Steven and Sally’s case, they advertised their “rental” through an agent, but restricted it to being only available outside school holidays, when there was no demand for renting a property in a remote location with difficult access. They also had no tenants during that year. Both couples had their expenses claims rejected immediately by the tax office. “If the Australian Tax Office has cause to believe the property was not truly ‘available to rent’, it will not sanction expenses claims, because owners made it too difficult for tenants to rent their property,” Mousa warns. “While it is sometimes hard to believe it, the tax authorities are trying to play fair – they only want their share of the rental money you have actually pocketed.” But they want investors to play fair, too, by claiming deductions only on expenses directly related to earning it. So expenses that investors incurred for personal use of the house don’t cut it as far they are concerned. Every homeowner has expenses running their properties and they can’t claim them against tax. The overall principle is that investors can only claim expenses with regard to costs while your property was actually rented out, or while real intention was being shown to make an income out of the property, which is when, as tax authorities term it, it was genuinely “available to rent”. Stating entire income and then claiming the costs of earning it, changes the gross income to a nett income, giving a far more valid picture of what profit was made, not just your bank account balance. It is from this final clean figure that the tax authorities slice their share of the pie in the form of taxes, Mr Mousa explains. However, the final figure changes, because the claimable expenses do, if a rental property does not operate all year through. The taxman also accepts that there are good years and bad years for rental property owners, when they simply don’t have many tenants. Yet, as an owner, investors go on having expenses involved in trying to attract tenants, so some expenses involved are still claimable even when rental income is low. Apportion Expenses If either of the above couples had indeed managed to land a tenant, even for a short period, they would fall into the category of those rental property owners who have to apportion expenses according to how much of the year the premises were rented out, or were honestly available for rent. Joining them are owners who openly rent out their houses for a short period of the year, using it themselves the rest of the year, and those who do the opposite, using it themselves for a short holiday, and making it available for rent the rest of the year. Any expenses that come up while used personally or by friends are enjoying the property privately, can’t be claimed. So these taxpayers will also have to do apportionment claims. Apportionment means that those costs directly tied to rental income can only be claimed in proportion to how much of the year tenants helped you generate it. If tenants rented your property for 35 weeks of the year, the expenses would be multiplied by 35/52 to determine the claimable share of the year’s expenses. Some Exceptions To The Rule Exceptions are those expenses brought about during the course of the rental process. These include estate agents’ commission, advertising for tenants, phone calls to fix damage tenants caused, and the cost of removing any rubbish they left behind. Matthew Mousa is a partner at TLK Partners, a company that takes care of the wealth management and accounting needs of ordinary folk, small and medium businesses, and high value individuals. TLK Partners, Chartered Accountants and Wealth Management Company website, or call (02) 8090 4324. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media. Aged Care Property Investors and Financial Wealth Acquisition Tax Expert Mathew Mousa From TLK Partners Kingsgrove 2019-03-20T21:00:18Z aged-care-property-investors-and-financial-wealth-acquisition-tax-expert-mathew-mousa-from-tlk-partners-kingsgrove Private Investors Property Income Has Tax Implications Whether in money or in kind, anything investors are given that’s linked to their rental property, is considered to be income, and the Australian Taxation Office wants to know about it. Property and tax expert TLK Partners’ Matthew Mousa runs through some of the less well-known forms of “rental income” from the Australian Taxation Office. So for tax purposes, rental income only refers to a tenant’s weekly or monthly cheque, right? Wrong, says Matthew. “If investors are renting out a property to earn a return on their investment, any payment received is considered part of their income, whether cash or in kind. And what comes in, must go out – in the form of information on your tax return.” Disclosing straight-up rental payments is par for the course, but what are the other forms of income associated with a rental property? These equally relevant, but less obvious forms of rental income are the ones to be mindful of, he cautions. Payments in kind If an investor let young Joe live on their rental property for free, as long as he keeps the garden looking good and the swimming pool clean, as well as doing small maintenance jobs, their tax situation could be complicated, Matthew explains. The same applies when someone like Chloe, who has parents on a farm, agrees to pay part of her rent in fresh potatoes. Or perhaps Sam, who’s in the premier league, gives the investor season tickets for rugby, in return for accommodation. According to the Australian Tax Office this "income" must be disclosed in these instances. “Investors will have to put a market value on any of these, from the rental value of Joe’s accommodation, to what the spuds or season ticket would have cost and add it to the rental income. Investors may be entitled to deduct some of the young man’s “rent” in terms of the legally deductible parts of the services he performs. But as far as income goes, his “rental” does need to be included to balance the tax books.” Bond monies and tenant insurance pay-outs If investors keep part of a tenant’s security bond because they didn’t pay the rent, or because you have had to repair damage after a tenant moved out, it classifies as income. The same applies if insurance company pays out for rental lost because a tenant left. Reimbursements There are times when the investor receives money in lieu of damage to get repair work done to their property. "If a tenant gives money towards the cost of the repair, again that money must be recorded as income," Matthew says. "This is especially important if the investor wants to claim the repair cost as a deduction," Matthew continued. Government rebates The same principle applies for rebates as it does for reimbursements. If the investor installs a solar system to supply hot water, for instance, the government may provide a rebate. “As the solar system is a depreciating asset for which the investor will want to claim tax relief over a period of some years, they can’t claim for the entire value, if they didn’t actually pay the full amount because of the rebate received,” Matthew says. When the amount claimed exceeds the amount spent In some more complicated cases, as with limited recourse debt arrangements, financing, refinancing and notional loans, investors may not end up paying the full cost of the initial capital expenditure either. However, they may well want to claim deductions for this expenditure on a depreciating asset. In a similar way to the rebate situation, they could end up claiming for money they have not spent. The unpaid section has to be recorded as income, in order to balance a claim for the full expenditure. TLK Partners Wealth Management Companies Kingsgrove, Beverly Hills | Tax Accountant & Agent | Property Adviser are wealth advisers serving enterprises and private individuals who hope to take care of their future through sound financial management. Visit their website or contact them at (02) 8090 4324 for an appointment to discuss your financial management and investment needs. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media. VIVID SYDNEY 2019 ENTERS A NEW DECADE OF INNOVATION AND CREATIVITY 2019-03-19T03:34:52Z vivid-sydney-2019-enters-a-new-decade-of-innovation-and-creativity MEDIA RELEASE: 11.30am, Tuesday 19 March, 2019 VIVID SYDNEY 2019 ENTERS A NEW DECADE OF INNOVATION AND CREATIVITY ARGYLE CUT IN THE ROCKS RETURNS WITH PIXAR ANIMATION STUDIOS, CAMPBELLS COVE AND HICKSON ROAD RESERVE REJOIN LIGHT WALK, GAME CHANGERS SPIKE LEE AND ESTHER PEREL HEADLINE VIVID IDEAS PLUS THE CURE, RÜFÜS DU SOL, FKA TWIGS & UNDERWORLD ROCK VIVID MUSIC. 2019 PROGRAM ANNOUNCEMENT VIDEO CONTENT AND IMAGES ARE AVAILABLE AT:www.vividsydney.com/media-centre Vivid Sydney, the largest festival of light, music and ideas in the Southern Hemisphere, will ignite the Harbour City this winter from Friday 24 May to Saturday 15 June 2019 as it enters a new decade of innovation and creativity with an inspiring and star-studded program of events. Destination NSW CEO and Executive Producer - Vivid Sydney, Sandra Chipchase said, “Australia’s most loved and awarded festival, now in its eleventh year, will bring together light artists, music makers and brilliant minds to showcase Sydney as the creative industries hub of the Asia-Pacific. “This year’s Vivid Sydney program is bold, exciting and diverse, offering something for everyone so I encourage those who want to experience this unmissable event to start planning their trip now.” Vivid Sydney is owned, managed and produced by Destination NSW, the NSW Government’s tourism and major events agency, and in 2018 attracted 2.25 million attendees, delivering $172.9 million in visitor expenditure into the NSW economy. “I am proud to say our marketing activities saw a record 185,887 travel packages sold to domestic and international visitors for Vivid 2018 - an increase of 37 per cent over the previous year. Vivid Sydney is a must-attend event for travellers and motivates people to visit Sydney and beyond,” Ms Chipchase said. “It doesn’t matter your age or interests, whether it is your first time to Sydney or if you are a local - Vivid Sydney has universal appeal. The Vivid Sydney 2019 program offers inclusive and accessible installations, events and experiences that you can enjoy for one evening or over 23 nights.” Ms Chipchase also announced the inaugural Vivid School for High School students in years 9-12 to assist students to learn more about the creative processes involved in imagining, designing and delivering light-based artworks for this huge global event. “This initiative will enable students and their teachers to meet the professionals behind Vivid Sydney’s iconic building projections and light walk installations, and to hear from artists, designers and technicians about their career paths and how they harnessed opportunities to build their skills for future projects and employment,” Ms Chipchase said. VIVID LIGHT This year’s Light Walk sees over 50 radiant works curated into the largest outdoor gallery of its kind in the Southern Hemisphere, stretching for more than three kilometres. In a partnership first, Academy-Award winning Pixar Animation Studios will illuminate Sydney’s heritage-listed Argyle Cut in The Rocks with a creative light projection that will delight visitors of all ages as they are transported through a visual feast of behind-the- scenes artwork and the evolution of iconic animation. The return of the Argyle Cut to the Vivid Light program will be a huge drawcard for festival goers featuring the captivating characters of Pixar films, including the beloved duo of Woody and Buzz Lightyear. For this year’s eagerly anticipated Lighting of the Sails, Los Angeles-based Chinese American artist-filmmaker Andrew Thomas Huang presents Austral Flora Ballet. This hypnotic tribute to Australia’s exquisite native plants and flowers incorporates a dancer’s movements in response to the sensuous arcs of the Sydney Opera House’s silhouette. Visitors can once again weave their way through the Royal Botanic Garden Sydney for close encounters with illuminated artworks that reflect and refract both light and nature. Glowing, darting, hovering above the ground, Firefly Field is a mesmerising installation of 500 flying light points that simulate the aerial ballet of these tiny nocturnal lampyridae. Viewers are encouraged to look beyond the night sky and wonder what secrets lie beyond the stars throughKA3323, a retro-futuristic satellite dish overgrown with alien plant matter that has mysteriously landed in the Botanic Garden. While at I Hear You (But Do You Hear Me?), an array of LED light poles generates a space between two people with their voices starting a conversation of light and sound, questioning inequality in the digital era. Across the Quay, the imposing art-deco façade of the Museum of Contemporary Art Australia will be transformed by award-winning Australian-Columbian artist Claudia Nicholson who, together with light veterans Spinifex Group, reimagine her vibrant artworks into Let Me Down, an animated cycle of creation, destruction and regeneration underscored by the cool and contemporary sounds of Lonelyspeck. Next door, in addition to an incredible experience at Foundation Hall, Samsung Electronics Australia will create a once in a lifetime experience at First Fleet Park using some of the most exciting features of the Galaxy S10 to reimagine how you see Vivid Sydney. Watch your chips! in The Rocks examines the collective behaviour of birds, mimicking the way gulls sometimes harass humans for food scraps while Nostalgia Above connects the romance of nature to data-driven climate technology, creating a virtual barometer that forecasts rain and thunderstorms, clear or gloomy skies. Campbells Cove is back with Ballerina, an eternal dance solo that shimmers along the harbour’s edge as if in a dream, while Let it Snow makes it seem that giant snowflakes have landed at Hickson Road Reserve offering great views from the water. Celebrating the International Year of Indigenous Languages, the southern pylon of Sydney Harbour Bridge is set to come to life with Eora: Broken Spear curated by Rhoda Roberts AO with projection design by The Electric Canvas. This powerful work reminds us to reflect, to call country, to read country and listen to country. The façade of Customs House is once again transformed to become an aquatic wonderland in Under the Harbour by Spinifex Group, sure to delight children and adults alike. The watery world with neon sea creatures, botanical wonderlands, and unclassified oddities will provide a playful and exquisite escape into an extraordinary underwater fantasy certain to inspire audiences and deepen the appreciation of Sydney’s aquatic haven. VIVID SYDNEY PRECINCTS Popular precincts Taronga Zoo, Darling Harbour, Chatswood, Barangaroo and Luna Park also light up in 2019. On the north shore, festival favourite Taronga Zoo’s Lights for the Wild adds to its illuminated trail of interactive lanterns featuring endangered species. Joining the star-spangled Asian Elephant, a family of glowing Silverback Gorillas, the iridescent Marine Turtle and the Weedy Sea Dragon, is the Sumatran Tiger Cubs marking the birth of three new tiger cubs and highlighting the Zoo’s commitment to conservation. In its second year, the ever-grinning Luna Park Sydney dazzles again after dark. This year adrenaline seekers can get airborne in the new family thriller Volaré studded with thousands of LED lights which perfectly complements the light-laced iconic Ferris Wheel. Vivid Sydney at Chatswood, a family favourite, is set to radiate with peace and harmony. The Concourse will shine with Co-existence, a large-scale projection work by Hungarian artist collective Limelight while music fans can catch shows by Vince Jones and Lisa Fischer as well as performances by the Willoughby Symphony Orchestra. Vivid Ideas weighs in with a festival/conference for girl gamers and free sessions on clean beauty, fit- tech and wellness. Barangaroo offers a feast for the senses with Exchange Place set to become a wondrous Winter Camp each night with the glowing six-metre tall spirit Marri Dyin (Great Woman) visiting Thursdays to Sundays. Visitors are invited to join her to hunt and gather through illuminated bushlands and enjoy light-inspired fare at all price-points from over 40 restaurants, bars and cafes. At Darling Harbour, Robot SPACELand imagines a not-too-distant future where a new civilisation rises from our post-industrial debris. This is where you will get to meet mind- boggling electro-automotive super-bots that have been sent to sow the seeds of a brighter, greener tomorrow. Vivid Sydney’s inclusive playground Tumbalong Lights is back with the support of Access and Inclusion partner Cushman & Wakefield. Inspired by the next frontier, playSPACE will bring together super-scale installations that give intrepid explorers an opportunity to walk Under the Milky Sky, play with Spaceballs, and share different perspectives with See What I See. Low-sensory sessions will be catered for too. VIVID IDEAS Vivid Ideas brings to Sydney 23 days and nights of talks, hands-on workshops and industry- shaping forums delving into the meaning of love, loneliness and belonging in our fast-paced, ever-connected lives. This year’s Game Changers challenge assumptions on race and relationships. Hollywood trailblazer Spike Lee opens up about his personal politics, story-craft and tips for making movies that matter, while iconic psychotherapist and creator of the wildly popular podcast Where Should We Begin? Esther Perel investigates modern love in the digital age and looks at the ways relationships are being affected by technology. The New Horizons series tunes into signals from the future. Highlights include Future of Sex researcher and podcast creator Bryony Cole charting the frontiers of sextech, Marc Fennell exploring loneliness and how and why many people in Japan feel overworked and undersexed, and Eileen Ormsby shines a chilling light into the dark underbelly of the web. Scientists and researchers from UTS, the ABC and CSIRO will also shed light on what’s coming next in AI and ethics, space exploration and more. In The Mark Colvin Conversation: Net Worth, Pulitzer prize winner author Sebastian Smee, psychologistJocelyn Brewer and artist and author Holly Throsby look at the value of an ‘inner life’ and ask what price we’ll pay for our constant digital distraction. Vivid Art After Hours returns to the Art Galley of NSW for free Wednesday evenings that combine art activities, live music and talks by creative thinkers addressing issues of belonging - including comedian and ‘bad Buddhist’ Meshel Laurie, rapper, poet and author Omar Musa and artist Abdul Abdullah in conversation about cultural identity, and the team behind the hit ABC TV show You Can’t Say That celebrating social diversity. Citizens of the World workshops and other how-to sessions will unlock essential skills for living a more creative, better informed and fulfilled life and Semi Permanent returns with a jam-packed program of design goodness featuring vice president of design for Uber, Michael Gough and other luminaries. The Vivid Ideas Exchange will once again reside on Level 6 at the Museum of Contemporary Art Australia with 23 days of stimulating talks and skill sharpening workshops including future-facing industry forums, deep-dive conferences, panels and showcases where we brighten up your perspectives and challenge your ideas. VIVID MUSIC Vivid Sydney spotlights the city’s live music culture by both bringing in influential overseas acts and placing a firm focus on local talent, this year’s line-up is set to impress. Dynamic electronic act RÜFÜS DU SOL and genre-bending popstar FKA Twigs headline this year’sCarriageworks program while the warehouse party of the year, Curve Ball curated by Fuzzy Events returns featuring Hayden James, Touch Sensitive and Mallrat. The City Recital Hall presents four musically diverse highlights including Australian music legend Paul Kelly and leading Australian composer James Ledger performing thirteen new songs and soundscapes inspired by birds, pop-darling Kate Miller-Heidke, internationally acclaimed pianists ZOFO and Concertos on Fire. Vivid LIVE at the Sydney Opera House celebrates artists at the cutting edge of their genre and visionaries who create on their own terms. British alternative rock pioneers The Cure mark the 30th anniversary of their landmark album Disintegration with four sold-out Australian exclusive performances. Their compatriots, UK electronic titans Underworld are set to transform the Concert Hall into a euphoric dance floor with four exclusive shows, while rising American synth-pop star Maggie Rogers makes her Sydney Opera House debut bringing her singular fusion of melodic folk and percussive beats to showcase her incredible new record, Heard It in a Past Life. Acclaimed singer songwriter Sharon Van Etten also sails in for an electrifying one-night-only performance and legendary jazz ground-breaker Herbie Hancock’s only Sydney show will be unmissable. 2019 marks X|Celerate’s third big year and partnership between the City of Sydney and Destination NSW supporting the ongoing growth of Sydney’s thriving music scene. 23 inner city venues including a hair salon, church and brewery showcase emerging grassroots acts across every imaginable genre, with acts like The Catholics, Set Mo, Carlotta and I Know Leopard, while Heaps Gay returns for the Qweens Ball at the Sydney Town Hall. Vivid Art After Hours returns to the Art Gallery of NSW with the fused Vivid Ideas and Music program on Wednesday evenings. Catch Andrew Bukenya’s Do the Spike Thing, OKENYO taking a sonic deep dive into the human condition andJZ Lunar Capsule presenting an Astronaut’s Playlist celebrating the music of space travellers as imagined by the Apollo 11 astronauts 50 years ago. VIVID SYDNEY SPONSORS Vivid Sydney thanks its sponsors for their support of Vivid Sydney 2019. American Express returns as partner for the third consecutive year with the American Express Lounge at Cruise Bar as well as supporting the Vivid Sydney Volunteer Program. Samsung Electronics Australia and official energy partner TransGrid also return as partners with Pixar Animation Studios joining as partner for the first time. Supporters include City of Sydney, Sydney Opera House, Technical Direction Company and 32 Hundred Lighting and ICC Sydney. For the third year, Vivid Sydney’s Access and Inclusion Partner is Cushman & Wakefield and the festival continues its sustainability partnership with the Banksia Foundation and Informed 365. Vivid Sydney’s collaborators include Art Gallery of NSW, Australian Museum, BEMO, Carriageworks, Dallas Fort Worth International Airport, Event Engineering, Kennards Hire, Museum of Contemporary Art Australia, NSW National Parks & Wildlife Service, PropMill, Spinifex Group, State Library NSW. The official charity party is the Royal Flying Doctor Service, South Eastern Section. The full 2019 Vivid Sydney media kit, program announcement and high-res imagery including 2019 Vivid Sydney light renders and broadcast quality video footage of 2018 festival highlights, are available to download at www.vividsydney.com/media-centre Media Enquiries Nathan McIlroy, The Mint Partners 0421 668 440 Jo Hocking, Destination NSW 0429 507 328 JURA's New ENA 8 Coffee Machine Range 2019-03-14T00:17:01Z juras-new-ena-8-coffee-machine-range Introducing the New Small & Simple JURA ENA 8 in Black, White, Red & Aluminium Media Release - 14 March 2019 JURA Australia is excited to introduce the new ENA 8 fully automatic coffee machine to the Australian market in March 2019. Available in three beautiful colour styles – Metro Black, Nordic White and Sunset Red – and one in Massive Aluminium, the compact, one-cup design is smaller in size than most other existing JURA machines and fits neatly in any size space. The different colours are inspired by various environmental climates, which allow people to choose a sophisticated design to match both their lifestyle and kitchen palette. 1. Metropolitan Black – Inspired by the hustle and bustle of city life with vibrant cafes, boutiques and bright neon lights illuminating the dark night sky. Think artificial office lights, or sleek white kitchens in contrast with the metropolitan black ENA 8. 2. Nordic White – Think purity and clarity in the snow swept mountains. Take a step away from the world of colour and explore the vast land beyond with the Nordic White ENA 8. 3. Sunset Red – With clay roof tiles and the warm light of the evening sun beaming through the window, experience the red earth through the sunset red ENA 8. 4. Massive Aluminium – Combines traditional craftmanship with state-of-the-art product technology to create the world's first coffee machine housing from solid aluminium. New JURA ENA 8 features include: Small – Only 27.1 cm wide, 32.3 cm high and 44.5 cm deep – this one-cup machine will comfortably fit anywhere. Stunning – A cylindrical shaped water tank inspired by premium crystal carafes; a key highlight of the design. Simple – Easy to use 2.8” TFT display and clearly defined operating panels Automatic filter type detection – RFID technology detects whether the new CLARIS Smart mini (30L capacity) or CLARIS Smart (50L capacity) is being used and adapts settings automatically. Freshly ground, not capsuled – Freshly extracted every time from coffee beans. The Pulse Extraction Process (P.E.P.®) optimises the aroma of a short ristretto or espresso. Fine foam technology – Creates airy, feather-light milk foam. 10 specialties at the touch of a button – Providing the perfect cup every time. Solid 3mm thick aluminum housing in the Massive Aluminium ENA 8 – the world’s first coffee machine housing from solid aluminium. The aluminum panels add1.9kg to the overall weight of the machine. Metropolitan Black, Nordic White & Sunset Red - RRP $1,899 Massive Aluminium - RRP $2,699 The JURA ENA 8 range is available now online atwww.au.jura.com as well as selected electrical retailers, department stores, independent and specialty outlets. Best Affordable Cryolipolysis Fat Loss Cosmetic Clinic in Wollongong Uses CLATUU System For Great Results In The Illawarra 2019-03-08T07:08:39Z best-affordable-cryolipolysis-fat-loss-cosmetic-clinic-in-wollongong-uses-clatuu-system-for-great-results-in-the-illawarra Australians are taking to the idea of using different temperatures to change their appearance and win the battle of the bulge with a growing number of Australians are opting to get really cool in order to look hot by using fat freezing treatments such as those offered by aesthetic clinics like Platinum Face and Body Clinic in Wollongong, NSW.Giving Fat Deposits the Cold ShoulderPlatinum owners Jacinda McKay and highly qualified cosmetic injections specialist and RN Shelley Stevens, have chosen the freezing approach to shape and contour the body. It does this by eradicating stubborn fat cells which don’t disappear easily, even with careful diet and regular exercise. And it does so without surgery, anaesthetics, or too much downtime, using a medical aesthetic device which changes the temperature of fat cells in the body.From a sweet beginning when scientists noticed that eating ice blocks tended to produce dimples in the cheeks of children, further research and development has resulted in a treatment now called Cryolipolysis (or Cryo for short) and the invention of aesthetic machines that can provide far more extensive results than an ice block. More than seven million procedures have since been carried out globally. The procedure works by specifically targeting the fat cells, and freezing them without any damage to the surrounding cells. The cells killed in this way are then collected and processed by the body before being permanently eliminated over a period of time.How Cryolipolysis Devices WorkCryolipolysis devices are aimed at treating specific areas where obvious stubborn fat deposits mar an otherwise almost ideal body contour. These deposits can take the form of unsightly love handles, muffin tops, bulges on the abdomen, outer hips and back bulges, or flabby inner arms and thighs.And it’s important to remember, that not all devices are created equal! If you are considering cryolipolysis, choose high standard technologies that have been clinically proven to have high efficiency. Look for real-life testimonials (by real people not paid celebrities), clinical trials by medical experts (these should be documented and easily available using a Google search), before and after photos and word of mouth as evidence to support the claims of efficiency. The last thing you want is to spend money on inefficient fat freezing treatments that yield no results! The state of the art CLATUU device used at Platinum Face and Body uses the worlds only patented 360 degree cooling applicators, and has two handsets. This can lessen the number of treatments needed through providing more thorough treatment in any given area, or by enabling two areas to be treated simultaneously.Cryolipolysis Aids to Diet ProgrammesCryolipolysis is not intended to be seen as a replacement for weight loss programmes, exercise, or a healthy lifestyle, but rather as a supplemental process which increases their effectiveness by doing away with pockets of fat that are extremely difficult to remove. Nor is it a quick fix, as results can take one to two months before really starting to show, and continue to become even more noticeable for 30-60 days after that. Additional treatments, when required to treat new areas or extend the work already done, are usually carried out at two monthly intervals.Where the strength of this type of treatment lies, according to the Platinum owners, is in Cryo’s long-lasting effects, as the dead fat cells are eliminated from the body permanently. It also involves little or no downtime, and pain levels are restricted to very slight discomfort sometimes felt at the initial stages of the treatment.Further InformationTo find out more about Platinum Face and Body Clinic’s services, reach Shelley and her experienced team by visiting the Non-Surgical, Medical Grade Aesthetic Treatments For The Face and Body | Platinum Face and Body Clinic website to book a consultation online or call +612 4200 9468.Syndicated by Baxton Media. Superannuation Tax Estate Planning Private Wealth Financial Planning Sydney TLK Partners 2019-03-06T22:00:26Z superannuation-tax-estate-planning-private-wealth-financial-planning-sydney-tlk-partners Tax hikes and changes and an ever-rising cost of living paint a gloomy financial picture for all Australians. But it’s even more dismal for current retirees, and those looking at leaving the workforce soon. TLK Partners financial planner, Len Elias, says finding ways for them to keep financially afloat for the rest of their lives is becoming increasingly difficult. And it seems like Superannuation can’t do it alone. How Superannuation Works Australian Superannuation is often considered one of the best government retirement programs globally. Since 1992, it has entitled Australians who earn over $450 a month (before tax) to a mandatory Superfund contribution from their employers for their retirement. The current contribution rate is 9.5% is calculated according to ordinary time earnings, and employees are encouraged to boost it with their own salary sacrifice. Superannuation funds are accessible at 60 (the Commonwealth preservation age) for those who retire permanently, or at 65 for those who still want to work. The funds can be accessed as a lump sum or as an annual pension payout, but many Australians are not rushing to do so. Financial concerns have led to increasing numbers of Australians over the age of 45 are putting off retirement till 70 or later. How Super is the Annuation Fund? ASFA, the Association of Superannuation Funds of Australia claim that, on average, during the 2013/14 financial year, men had a balance of a little under $300,000 in their fund at retirement age. Women had less than $150,000, and households averaged around $355,000. Since then stock markets have been both bearish and bullish, inflation has risen and not come down, and there have been changes in the tax situation. By the 2015/2016 year those average balances had dropped to $270,710 for men and risen to $157,049 for women. These averages fall far short of the 2018 figures AFSA suggests as reasonable starting balances for retirement when, and only when, retirees own their homes. The association puts the amount a single person would need to enjoy a comfortable lifestyle at $545,000 , and couples at $640, 000. And it claims $70,000 should provide a so-called modest retirement assuming that the state’s Age Pension and other supplements take care of most of the usual expenditures. But for how long? How Long Will Your Super Last? AFSA’s calculations set couples’ living costs at just under $61,000 a year, and singles at a little over $43,317, for what AFSA dubs a “comfortable” lifestyle. This allows for some extras like home maintenance and small improvements, as well as an occasional holiday, and it takes into account that retirees’ lifestyles change as they age, and expenses shift from activities and vacations to medical and caring needs. But with that annual budget, the balance AFSA recommends for retirement will see a single retiree’s funds run dry after about 12 years, and that of couples after just over 10 years, if not bolstered by partial Age Pensions or other investments. Len Elias pointed out covering the 22 years between retirement at 60 and the Australian average life expectancy of 82 years, it would appear opening balances would therefore have to sit at over $1,28 million for couples, and about a million for singles. In the so-called modest category, which allows for basics only, the recommended starting capital of $70 000 will only fund the calculated singles’ budget of $27,648 for 2,5 years, and the couple’s $39,775 for less than two. Fortunately, a full Age Pension (just under $24,000 a year for singles, and a combined $36 000 for a couple) would stretch the balances, should the retiree be eligible for it. Clearly, while it provides a base which could support a tightly-budgeted retirement in the short term, planning and saving is needed to stretch that funding over what could be a long retirement. Len Elias is a partner at TLK Partners, a company that takes care of the wealth management and accounting needs of ordinary folk, small and medium businesses, and high value individuals. TLK Partners, Chartered Accountants and Wealth Management Company website, or call (02) 8090 4324. This material is of a general nature only, it does not take into consideration your financial circumstances, needs or objectives. Before making any decision based on this content, you should assess your own circumstances, seek professional advice or contact our office to be directed to the appropriate professional. Whilst all care has been taken in presenting the material neither TLK Partners or its associated entities guarantee that the material is free of error and, the information may have changed since being published. Syndicated by Baxton Media.