Blog & Resources
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2024/25 Federal Budget
Insights into the recently announced 2024 Australian Budget. The Federal budget presents a number of significant challenges and short-term solutions that may have long-lasting impacts on our financial stability and future planning.
ASIC brings first action against a director for failing to have a director identification number
ASIC has commenced proceedings against a director for failing to comply with the director identification number (director ID) obligations.
Contribution caps about to rise
The limits for concessional and non-concessional contributions are slated to increase for the 2025 income year.
Super Update!
A round-up of some superannuation changes and key developments that may be relevant to you, as trustee of your SMSF
Applying for a Director Identification Number (DIN)
Recent legislation has introduced new obligations for company directors requiring them to obtain a personal director identification number (‘Director ID’). Below we highlight your new obligations and provide the appropriate information to ensure your ongoing director...
Technically Speaking: Understanding the Transfer Balance Cap series – Laying the foundations
Overview The Transfer Balance Cap (TBC), which became effective from 1 July 2017, was broadly introduced to limit, or restrict, the amount that individuals are able to transfer into retirement phase pensions. Under this framework, the amount transferred into...
Is your SMSF ready for the End of the Financial Year (EOFY)?
With the end of the financial year (EOFY) fast approaching, now is the perfect time to make some final checks and ensure everything is in order for your Self Managed Superannuation Fund (SMSF) before 30 June. The following are some matters that you might want to know...
2021-22 Federal Budget Update – A strong Budget for SMSFs
As expected, this year’s Federal Budget has a strong emphasis on job growth and women’s security. From an SMSF perspective, there were some welcome surprises for SMSF trustees, the key measures that you should be aware of are outlined below. All measures...
ATO Email – Changes to your SMSF Account
The ATO has recently implemented a new practice of alerting authorised SMSF trustees via email and/or text message whenever changes are made within your self-managed super fund (SMSF). If you have received this email for the first time you may be asking, what does...
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