by Guy Wuoti | Mon, Nov, 2016 | Accessing your super, Facts & Figures, Pensions, SMSF News, SMSF Options, Tips and traps, Trustee
As the end of the year is drawing rapidly to a close it may feel like the changes to the Asset Test for the Aged Pension have just been drawn up, however, these were announced in the 2015 Federal Budget. As a trustee, you may be asking yourself, “what does this really...
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 | Tue, Jun, 2016 | SMSF News, SMSF Options, Tips and traps
The decision made by voters in the United Kingdom (UK) last week to leave the European Union (EU) – known as Brexit – has had an immediate and momentous impact on financial markets across the globe. The UK leaving the EU is one of the most significant political...
by Guy Wuoti | Tue, May, 2016 | SMSF News, SMSF Options
A reduction in concessional contribution caps, the lowering of the Division 293 tax threshold, capping tax-free assets in retirement and a lifetime limit for non-concessional contributions are just some of the changes that were in the Government Budget announcements...
by Guy Wuoti | Fri, May, 2016 | SMSF Options, Adviser, Artwork & Collectables, Investments, SMSF News, Tips and traps
Collectables and personal-use assets include assets such as artwork, jewellery, antiques, vehicles, boats and wine. If your SMSF acquired any of these assets before 1 July 2011 you have until 1 July 2016 to meet the new rules, which include: the asset is not being...
