Category: Tax

2021 End of Financial Year (EOFY) superannuation tips & traps

2021 End of Financial Year (EOFY) superannuation tips & traps

With just over two weeks until we see out yet another financial year, here are some tips and traps to look out for to ensure your SMSF is ready for…

2021-22 Federal Budget Update – A strong Budget for SMSFs

2021-22 Federal Budget Update – A strong Budget for SMSFs

As expected, this year’s Federal Budget has a strong emphasis on job growth and women’s security. From an SMSF perspective, there were some welcome surprises for SMSF trustees, the key…

The Major Parties’ Superannuation and Tax Policies

The Major Parties’ Superannuation and Tax Policies

The federal election has been called for May 18 and both major parties have outlined their superannuation and tax policies. With the federal election only weeks away many of our…

Government delivers surplus election friendly 2019-20 Federal Budget – Leaves superannuation largely untouched

Government delivers surplus election friendly 2019-20 Federal Budget – Leaves superannuation largely untouched

A surplus election budget is the news coming out of the 2019-20 Federal Budget. With superannuation left largely untouched, the Government focused on further personal income tax cuts. However, three…

When certainty is uncertain – capitalising on the superannuation rules whilst you can

When certainty is uncertain – capitalising on the superannuation rules whilst you can

With the chances of the Federal Election likely to be around the same time as Federal Budget in May 2019, more grey clouds of uncertainty are in the air. So…

Why “simple” superannuation questions don’t always result in simple answers

Why “simple” superannuation questions don’t always result in simple answers

Have you ever asked your SMSF administrator the following “simple” questions expecting a quick and simple answer, only to be told it’s not that straightforward? This is why. How much…

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…

Franking credits and your SMSF – what is the Labor party proposing?

Franking credits and your SMSF – what is the Labor party proposing?

You may have noticed significant media coverage recently regarding the Australian Labor Party’s (“ALP”) proposed policy to stop SMSFs from receiving tax refunds for the franking credits they receive in…

2018 Federal Budget & Year End Tax Planning

2018 Federal Budget & Year End Tax Planning

Government delivers SMSF friendly 2018-19 Federal Budget An SMSF friendly budget is the good news coming out of the 2018-19 Federal Budget. With SMSF members still working through the wide-reaching…