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...
