Category Archives: 2014 A-Z Blogging Challenge

U is for Unclaimed Money

UEarlier in the A-Z Blogging Challenge I posted “L is for Lost Members Register“…did anyone find any lost superannuation?

What about cold hard cash?  Have you ever wondered if there’s some money out there you’ve forgotten about or never knew you had?

Perhaps an old bank account, some dividends or shares, a deceased estate or a life insurance policy?

Today I’m going to point you in the direction of how you can search for Unclaimed Money.

The Australian Securities and Investment Commission (ASIC) is responsible for handling unclaimed moneys from banks and life insurance companies, among other items.

But it’s our State governments who are responsible for holding unclaimed money from deceased estates, share dividends, salaries and wages, cheques, trust money, over-payments and proceeds on sale.

How can you search through all these avenues to find unclaimed money?

Start with ASIC’s MoneySmart website, where you can search the ASIC unclaimed money, in addition there are links to the ATO’s SuperSeeker (as discussed in “L is for Lost Members Register”), as well as individual state registers and the Fair Work Ombudsman’s website.

You never know what you might find…good luck!

Regards

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PS I have not included links in this post as I had some trouble loading them on my laptop, but they worked fine on my tablet…below is the relevant URL to copy and paste in your browser:

MoneySmart: www.moneysmart.gov.au

T is for Tax

TWhat’s that saying?  There’s only two certainties in life…death and taxes.  Personally I think that’s a really negative saying…and I don’t really like it.

By definition (via Wikipedia) “tax is a financial charge or other levy imposed upon a taxpayer by a state such that failure to pay is punishable by law“…wow, that sounds nasty.

In all seriousness though, paying taxes is important and essential…the government uses our taxes to invest in our community by way of infrastructure, roads, hospitals and schools…even if you don’t agree with their decisions or how they do it…it does happen!

In Australia, the Australian Taxation Office (ATO) is the principal revenue collection agency and it is the role of the ATO to “ensure the community has confidence in the administration of Australia’s taxation and superannuation systems”

For me, as an Accountant and Registered Tax Agent, it is my job to maintain familiarity with the taxation laws and it is my role to communicate with and advise clients on tax-related issues, and assist them to understand their obligations.

By working together, tax needn’t be that “nasty” thing that no one wants to talk about…rather with the right knowledge, you can take control of your tax situation and be well prepared to avoid any taxation surprises!

Regards

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S is for Smart Phone

SSmart phones, tablets, laptops, computers and even smart TV’s…it’s all a bit much for this “technology challenged” little miss!  Lucky for me I have a step-dad who is brilliant with all of this…so he’s my go to person for everything technology related!

A few years ago I was lucky enough to win an iPad!  I was very excited, even though I had no idea what you did with them or how you would use it…within a week I was hooked and it has barely left my side since!

After having some success with the iPad, I moved onto an iPhone and have been happy with that combination…until recently…I decided it might be time to take a look at the Samsung phenomenon that’s been sweeping the world.

I bought myself a Samsung Galaxy Note 8 with the intention of using it for a hotspot with my laptop when out and about as well as an electronic diary and maybe moving to the Samsung phone, but I can’t get the battery life to last a decent amount of time which means I’m already back to using a manual diary…so now I’m just confused!

I seriously can’t decide what to do!  Part of me says stay with the Apple technology because I “kinda” know how to use it, and part of me wants to move with the Samsung platform since it appears to be a bit more flexible…

I’m not sure if I want to ask this…but what are your thoughts?

Regards

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R is for Red

RWithout a doubt, red is my favourite colour!

It has been said that the colour red is warm and positive and it exudes strength and power.

The colour red is a sign of a pioneering spirit and leadership qualities and is linked to ambition and determination…

I’ve never thought about the meaning of the colour red like that before…I just like it!

I love wearing red lippie and matching red nails…it makes me feel confident!

I love my red handbag…like the one in The Tax Chic’s logo…

…and I love love LOVE my red car…its zippy, sexy, and suits me to a tee (if I do say so myself)!!

Now that I’ve had a chance to think more about the colour red, some of the other things that come to mind are:

Blood – our blood is red and is vital for our survival, think about donating via the Australian Red Cross Blood Service if you can

Being in the red – is being overdrawn on your bank account…not so good so stay away from that if you can!

Strawberries – probably my favourite red food…especially when served with ice-cream!

Do you have a favourite colour?  Do you know it’s meaning?  Let me know…

Regards

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