Six essential checks pre June for your SMSF. If you need assistance, call me to discuss on 02 8090 4112 Advertisements
Make the most of the tax concessions around super with these tips this June. Call Lindsay to discuss on 02 8090 4112.
As of 1 July 2017 the concessional contributions cap is reducing to $25,000 for everyone irrespective of age. If you have a salary sacrifice arrangement in place, you will probably need to adjust it down. Most payroll departments need several weeks notice to make any change, therefore why not do it today? The concessional contributions… Read More Change your Salary Sacrifice Today
As we well know, without a plan, the financial goals we aspire to probably won’t materialise. With no structure in place, 10 years down the track, you may feel no better off than you are now, and wonder where your money went. However, sometimes knowing where to start is a stumbling block. So to start… Read More 30 Days to Financial Wellness
It is often the case where one partner slogs away at home bringing up the family and the other escapes on a regular basis to go to work, that at the end of the day your superannuation balances may be very uneven. With the introduction of the $1.6m cap it is more important then ever… Read More Managing the $1.6m Super Cap
Finally, the proposed super reforms have gone through with many changes to take place from July 2017. One of these well publicised reforms is a change to the Non-Concessional Contribution (NCC) cap, which is to be reduced to $100k p.a. (previously $180k). However, there are further changes to the NCC affecting those of you lucky… Read More Quick – get those Non Concessional Contributions in now
The budget super reforms have now passed the senate and only require royal assent to become law, which is thought to be a mere formality. The major changes are as follows Introducing a $1.6 million transfer balance cap which limits the amount that can be transferred to the retirement phase, where earnings are tax-free. This… Read More Super Reforms Passed