This guide is for trustees, members, and advisers. It helps create a solid SMSF succession plan and property strategy. It’s all about ensuring retirement security, keeping investment strategies going, and protecting beneficiaries’ interests. Property in an SMSF can be tricky…
Understanding super contribution limits and the benefits of tax deductions on your superannuation can significantly impact your retirement savings. As an Australian, making informed decisions about your super can lead to a more secure financial future. Maximizing your super contributions…
Why you might consider setting up a self-managed super fund (SMSF) A self-managed super fund (SMSF) is a private super fund that you manage yourself. SMSFs are different from industry and retail super funds, as you have complete control over…
Happy New Year, everyone, as we are entering a new year. It is some deadlines for business owners in Australia. 21 January Lodge and pay quarter 2, 2022–23 PAYG instalment activity statement for head companies of consolidated groups. Lodge and pay December…
Changes on superannuation guarantee From 1 July 2022, employers will need to pay super to their employees who earn less than $450 per month, provided they meet other eligibility requirements. This change expands super guarantee eligibility so that employees can…
Super Updates – Dec 2021 There is the latest Super Updates before End of the year. ATO Preservation Age The Preservation Age remains 58 until 30 June 2022 From 1 July 2022 the Preservation age will be 59 Your preservation…