1704, 2024

April Newsletter Published 17.4.2024

2024-04-16T09:55:32+10:00

April Newsletter Published 17.4.2024

Our April Newsletter was sent out today – Did you receive yours?

Our April Issue Covered

Six super strategies to consider before 30 June

With the end of financial year fast approaching, now is a great time to boost your superannuation savings and potentially save on tax. In this issue there are six superannuation strategies to consider before 30 June 2024.

  • Use the carry forward concessional contribution rules
    – Make a personal […]
April Newsletter Published 17.4.20242024-04-16T09:55:32+10:00
803, 2024

SMSF Trustees Illegally Accessing Super

2024-03-01T13:22:32+11:00

SMSF Trustees Illegally Accessing Super

The ATO has released findings on how much super from SMSFs has left the system before trustees have met a condition of release.

Super must remain preserved

One of the main features of superannuation is that you typically can’t access your money until you reach age 65 or when you retire after reaching your preservation age (between 55 and 60 depending on your date of birth). You may however be able to access your […]

SMSF Trustees Illegally Accessing Super2024-03-01T13:22:32+11:00
908, 2023

Superannuation & Age Pension Eligibility

2023-08-09T12:54:23+10:00

Superannuation & Age Pension Eligibility

Eligibility Explained – Superannuation Age Pension

Come retirement, many folks rely on a combination of their superannuation savings and the age pension in order to financially sustain them moving forward. Accordingly, a front-of-mind issue for individuals is: at what point does your level of superannuation savings and payments impact your eligibility for the age pension?

While you are underage pension age, in relation to any Centrelink payment, Centrelink do not count your or your partner’s […]

Superannuation & Age Pension Eligibility2023-08-09T12:54:23+10:00
1503, 2023

Super in 2023 – from a Superannuation Standpoint

2023-03-15T13:33:30+11:00

Super in 2023 – from a Superannuation Standpoint

Already rolling into March … 2023 is flying by!

From a superannuation standpoint, following are just some of the changes you can expect this year:

Super Guarantees Increase

Employers face an increase to their SG liability this year. The rate of SG will increase from 10.5% to 11% from 1 July 2023, before gradually hitting 12% on 1 July 2027 as follows:

Super Guarantee Percentage

PeriodGeneral Super Guarantee (%)
Super in 2023 – from a Superannuation Standpoint2023-03-15T13:33:30+11:00
1310, 2021

October Newsletter Published 13.10.2021

2021-10-11T18:29:50+11:00

October Newsletter Published 13.10.2021

Our October Newsletter was sent out today – Did you receive yours?

October 2021 Issue Covered

Compensation Payments: Avoiding contribution issues

  • The implications for the fund and members
    – Knock-on effects for members
  • Home as a place of business during COVID: CGT implications
  • Inheriting rental properties jointly A dilemma?
    – CGT triggered
    – – Solution 1: A broadly written will
    – – Solution 2: Section 128-20(1)(d)
    – The solution to the problem!
  • SuperStream deadline fast […]
October Newsletter Published 13.10.20212021-10-11T18:29:50+11:00
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