-
Excess Concessional Contributions – are you within the limits?
October 8, 2018Know your limits and structure your contributions! Within the constantly changing superannuation environment, a common risk that members face are being penalized for exceeding their contribution limits. For the current 2018 – 2019 financial years, the concessional contribution limit has been set at $25,000. (Please note that the non-concessional limit is $100,000 per year but […]
-
Adding family members to a Self-Managed Superannuation Fund
August 23, 2018From 1 July 2019, you may add more family members to your SMSF but what do you need to be aware of? Even though more than 90% of Self-Managed Super Funds (SMSF’s) only have one or two members SMSF’s have traditionally been able to have up to four members in the fund. The government has […]
-
The basics of a Self-Managed Superannuation Fund
August 7, 2018Let’s talk about Self-Managed Superannuation Funds! Self-Managed Superannuation Funds (SMSF) can be defined as funds which consist of four or less members and are regulated by the ATO, which gives its members the ability to directly hold and control their retirement assets. All members within SMSF’s must be trustees, who are responsible for the management […]
-
First Home Super Saver and what it means for you
July 20, 2018Want to know more about the First Home Super Saver Scheme? As you may have heard, from 1 July 2018 individuals may be able to withdraw funds from superannuation to help fund a home deposit. So is the First Home Super Saver Scheme (FHSSS) right for you? We have provided the following to assist you […]
-
Superannuation – should we still bother?
July 4, 2018Superannuation is still the best tax environment! There have been many changes to Superannuation over the last 10-15 years, with the biggest changes coming into effect from 1 July 2017. For many Accountants and Financial Advisors, dealing with these changes has been beneficial due to the extra work it has created. But for your everyday […]
-
Downsize your home and maximise your super too!
June 18, 2018Are you over 65 and want to downsize your home? If you are over 65 and have been thinking about downsizing your home, it is now the time to do so! As of 1 July 2018, homeowners over the age of 65 can sell their home and put up to $300,000 ($600,000 for a couple) […]
-
Buying property within your Self-Managed Super Fund
May 31, 2018Are you wanting to buy a property? Have you thought about using your Self-Managed Super? Buying property within your self-managed superannuation fund (SMSF) has grown in recent years due to legislative changes which allow SMSFs to borrow money but there are various rules and other considerations before choosing this route. SMSF Property Rules – Residential […]
-
Where does my superannuation go after I pass?
May 14, 2018Binding Death Benefit Nomination (BDBN) or a Non-Binding Death Benefit Nomination (Non-BDBN) – that is the question! When you pass away, a vast majority of your assets are distributed via your Will. Your superannuation is not one such asset. Upon your passing, the Trustee of your superannuation fund will distribute your superannuation monies in accordance […]
-
Is a Self-Managed Superannuation Fund the one for you?
March 29, 2018Want to know more about Self-Managed Superannuation Funds? A SMSF (Self-Managed Superannuation Fund) is a possible option for those looking to take greater control and have more flexibility over what they want to invest in. For example, a SMSF can invest in residential or commercial property and even partake in Limited Recourse Borrowing Arrangements (LRBA’s). […]
-
3 simple options on what to do with an inheritance
March 2, 2018What should you do with an inheritance? An inheritance may represent an emotional, confusing and life changing experience in an individual’s life. Often the recipients of an inheritance may be left overwhelmed, wondering what to do with their newfound wealth. Should they pay off debt? Contribute to superannuation? Or maybe spend it on a […]
Services
About Us
Useful Links
Locations
