Category: Contributions

SMSFs – A new financial year in COVID-19 times

SMSFs – A new financial year in COVID-19 times

As a new financial year unfolds, the COVID-19 pandemic continues to impact everyone’s lives in so many ways. During these unprecedented times it is important to ensure trustees continue to…

2020 End of financial year (EOFY) considerations for your SMSF

2020 End of financial year (EOFY) considerations for your SMSF

The COVID-19 pandemic has affected everyone’s lives, and SMSF trustees are no exception. While the worst of the pandemic is (hopefully) behind us, trustees still have difficult questions to ponder…

The Coalition wins a third term – what happens with superannuation now the dust has settled?

The Coalition wins a third term – what happens with superannuation now the dust has settled?

The Coalition Government was re-elected in the May 2019 Federal Election, with a small majority of seats in the House of Representatives, after taking, as one of its policies to…

2018 SMSF re-cap – what you should already know

2018 SMSF re-cap – what you should already know

With less than 14 sleeps until Christmas and a few more until another calendar year ticks over, we thought this would be a good time to re-cap a very busy…

Simple super now super complicated

Simple super now super complicated

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?

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…

2017 Federal Budget and Year End Tax Planning

2017 Federal Budget and Year End Tax Planning

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?

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,…

Accessing your super – special circumstances

Accessing your super – special circumstances

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…

Are you ready for the 1 July 2017 superannuation changes?

Are you ready for the 1 July 2017 superannuation changes?

Last month saw the changes to superannuation in the May 2016 Federal Budget passed and receiving Royal Assent. They are now law. A summary of the final superannuation reforms is as…