by Admin | Thu, Mar, 2024 | Contributions, Uncategorized
Contribution limits are slated to increase for the 2025 income year. Here are the specifics: Effective from July 1, 2024, the concessional contribution cap will be raised from $27,500 to $30,000. Similarly, commencing July 1, 2024, the non-concessional contribution...
by Guy Wuoti | Tue, Feb, 2017 | Tips and traps, Contribution Caps, Contributions, Facts & Figures, SMSF News, SMSF Options, SMSF Setup, Trustee
With many of the changes announced in the 2016 Federal Budget now passed by Parliament, there is an amount of certainty that you can have when approaching your SMSF planning and the contributions you might wish to make to your SMSF. The Government is lowering both the...
by Guy Wuoti | Mon, Oct, 2016 | Boosting your Balance, Contribution Caps, Contributions, Facts & Figures, SMSF News, SMSF Options, Tips and traps, Trustee
Are you clear on what non‑concessional contributions you can contribute in a year? With the Government abandoning its policy to introduce a $500,000 lifetime cap for non-concessional contributions are you clear on what non-concessional contributions you can make to...
by Guy Wuoti | Fri, Oct, 2014 | Adviser, Boosting your Balance, Contribution Caps, Contributions, Facts & Figures, Salary Sacrificing, SMSF Options, SMSF Setup, Tax, Tips and traps, Trustee
From 1 July 2014, the superannuation contribution caps have increased, allowing an opportunity to place more money in superannuation going forward. The contribution caps control the amount you can place into superannuation each year without facing penalty tax. If...
by Guy Wuoti | Thu, Aug, 2014 | Accessing your super, Adviser, Boosting your Balance, Borrowing, Contributions, Equities, Investments, Pensions, Property, SMSF Options, Trustee
There is nothing more exiting than waking up by the pool while on holidays, than checking out your super fund’s investments to see how they are going. Okay maybe not that exciting for most, but the great news you could do this if you wanted to, no matter the...
by Admin | Wed, Jun, 2013 | Contributions, Property, SMSF News, Tips and traps
With the end of the financial year less than three weeks away, cashed-up property investors should be cognisant of the amount of the money they contribute to their funds. The ATO has issued a reminder that there caps on the amount you can contribute to your...
