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 superannuation […]
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 and the reduction of the cap […]
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 with a $1.5 […]
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