As the saying goes, two things are certain in life – death and taxes! However, from 1 July 2017 the $1.6m transfer balance cap on pensions makes your estate plan much more complex. The death of a spouse is known as a ‘compulsory cashing event’, which means the deceased spouse’s superannuation benefit must be paid… [Read More]
Who gets your super when you no longer need it?
Our theme this month is estate planning, and so we thought we would start with a quick article about what happens to your super when you die. We know, it sounds grim, but it’s going to happen to all of us and most of us want to die with some money left or may have… [Read More]
3 Important Actions for Business Owners before 30 June
The year-end can be a busy time for small business owners. This makes it even more important to set aside time to review your tax and financials to be armed for the new financial year. Look at your tax early to keep on top of reporting due dates. This allows you to take advantage of… [Read More]
7 Things for SMSF Trustees to Watch in 2017
Is it me or is this year passing more quickly than usual? It’s been smooth sailing for financial markets and things are still the same on the political front (despairingly!). Yet for SMSF trustees, 2017 is shaping up as one of the most important – here is a list of 7 things you should watch… [Read More]
DOWNLOAD: Maximise your SMSF Guide
There is a lot to think about when you have a Self-Managed Superfund (SMSF). An SMSF offers people greater control, better transparency, more choice of investments and greater flexibility with their super. However, it is important to understand that with this greater control comes an increased responsibility as an SMSF trustee. As a result, we… [Read More]
7 Tips to Manage the Big Super Changes
There are many opinions, analyses and editorials that have been written on the Government’s proposed superannuation changes. Understanding with certainty what these changes mean has kept us all busy in 2016. The countdown for the new rules to take effect culminates on 30 June 2017. If you have a superannuation account, you will definitely be… [Read More]