Simple super now super complicated

Simple super now super complicated

Created on January 16, 2018

It has been 10 years since the Simple Super Reforms were brought in on 1 July 2007. A decade later the “Simplified Superannuation” system has become a labyrinth of legislation….

I’m an ex-pat, what can I do with my superannuation?

I’m an ex-pat, what can I do with my superannuation?

Created on December 15, 2017

These days there are many Australian ex-pats living around the world and there is often confusion surrounding what happens to their super when they leave Australia. Generally speaking, when a…

When can I access my Super?

When can I access my Super?

Created on October 19, 2017

SMSFs have strict rules on when super monies can be withdrawn from the fund, most commonly when a member satisfies a form of retirement and/or reaches a certain age. Your…

New super laws and real-time reporting

New super laws and real-time reporting

Created on September 22, 2017

As we approach the end of the first quarter of the new super reforms which came into effect on 1 July 2017, here is an update on the ATO’s mandated…

Superannuation from 1 July 2017 –  The New Frontier

Superannuation from 1 July 2017 – The New Frontier

Created on July 1, 2017

Happy New Financial Year! With 1 July 2017 marking the start of many of the super reform changes, here is an overview of the new rules:   Transfer Balance Cap…

Look Before You Leap — Super Changes from 1 July 2017

Look Before You Leap — Super Changes from 1 July 2017

Created on June 14, 2017

As we’re about to welcome in the 2017/18 financial year and many of the new super reforms, here is summary of what lies ahead: Notify your employer to reduce salary…

2017 Federal Budget and Year End Tax Planning

2017 Federal Budget and Year End Tax Planning

Created on May 11, 2017

Government delivers stability in 2017-18 Federal Budget Stability and confidence for superannuation is the good news coming out of the 2017-18 Federal Budget. With SMSF members still working through the…

Are you ready for the 1 July 2017 super changes?  Part 4: I want to trigger my 3 year bring forward NCC cap – how much can I contribute?

Are you ready for the 1 July 2017 super changes? Part 4: I want to trigger my 3 year bring forward NCC cap – how much can I contribute?

Created on April 10, 2017

As part of the superannuation reforms announced in last year’s Federal Budget, both concessional and non-concessional contributions caps will be reduced significantly from 1 July 2017. In this month’s article,…

Are you ready for the 1 July 2017 super changes?  Part 3:  Interaction of the $1.6m pension transfer cap and death benefit payments

Are you ready for the 1 July 2017 super changes? Part 3: Interaction of the $1.6m pension transfer cap and death benefit payments

Created on March 20, 2017

In last month’s Part 2 of the super changes newsletter, “I have more than $1.6m in pension phase so what are my options?”, we discussed the $1.6m Transfer Balance (“TBC”)…

Accessing your super – special circumstances

Accessing your super – special circumstances

Created on March 15, 2017

SMSFs have strict rules on when super monies can be withdrawn from the fund, most commonly when a member satisfies a form of retirement. However, special conditions apply should a…