by Admin | Fri, Apr, 2013 | Accessing your super, Adviser, Boosting your Balance, Contributions, Investments, Pensions, SMSF News, Tips and traps
On Friday 5 April 2013 the Minister for Financial Services and Superannuation, the Hon Bill Shorten MP, and the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP, announced the Government’s proposed changes to the superannuation laws. The Government have...
by Admin | Thu, Aug, 2012 | Adviser, Contributions, SMSF News, Tips and traps
The Australian Taxation Office’s (ATO’s) broad-brush approach to self-managed superannuation funds (SMSFs) this financial year is likely to generate an upturn in audit activity, according to specialist law firm Hall and Wilcox. In an analysis of the...
by Admin | Wed, Jun, 2012 | Contributions, SMSF News, Tips and traps, Trustee
To avoid clients being hit with tax penalties on excess contributions advisers should be reviewing their salary sacrificing arrangements, according to industry experts. The concessional super contributions cap is legislated to reduce from $50,000 to $25,000 on 1 July...
by Admin | Wed, May, 2012 | Adviser, Boosting your Balance, Contributions, SMSF News, Tips and traps, Trustee
Last night the Government handed down the 2012-13 Federal Budget. The budget lived up to its reputation as the toughest budget in decades with the Government returning the budget to surplus. The budget forecasts strengthening surpluses in each of the next four years...