Strengthening APAC Wealth Management: Solomons Group Welcomes Rebecca Li

Introduction Solomons Group is excited to announce a strategic addition to its team, Rebecca Li. With over two decades of wealth management experience, Rebecca brings unparalleled expertise to clients across the Asia Pacific region. Moreover, her extensive background and commitment to client success align seamlessly with Solomons Group’s mission to deliver world-class financial solutions. In […]

Elevating Client Wealth Management with Global Expertise: Solomons Group welcomes Joel Tilbrook

Introduction Solomons Group is pleased to announce the addition of Joel Tilbrook to its team. Solomons Group Welcomes Joel Tilbrook. Joel brings extensive industry knowledge and global strategies from leading financial institutions, thereby enhancing our clients’ access to both Australian and international market opportunities. This strategic move is set to elevate client wealth management to […]

Warning on SMSF asset valuations

Introduction The ATO has issued a warning on SMSF asset valuations about sloppy valuation practices. ATO data analysis has revealed that over 16,500 self managed superannuation funds (SMSFs) have reported assets as having the same value for three consecutive years. With many of these assets residential or commercial Australian property, you can forgive the ATO […]

The Australian Tax Office Debt Dilemma

Introduction In late 2023, thousands of Australians were notified about outstanding historical tax debts they never knew existed. This revelation has significant implications for individuals and businesses, particularly small and medium enterprises (SMEs). Historical Tax Debt and ATO’s Response In circumstances when a taxpayer is in serious hardship and unable to pay the ATO, the […]

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