Key Rates and thresholds for 2021/22 Financial Year
Superannuation contributions and benefits are subject to various rates of taxation often linked to indexed thresholds. Similarly, eligibility for various Government schemes are also linked
Read MoreBring Forward Contributions
The ability to bring-forward future year entitlements to make non-concessional contributions has been in place for many years now. Prior to 1 July 2020 this
Read MoreSMSF Residency
SMSF’s must be ‘complying’ to ensure they attract the tax concessions they are known for. An SMSF’s complying status relies on it being an ‘Australian
Read MoreFirst Home Super Saver Scheme
The First Home Super Saver Scheme (FHSSS) was introduced by the government to deal with housing affordability and to help Australian’s get into the property
Read MoreSpouse Contribution Tax Offset
Where a taxpayer has a spouse with a low income or who is not working and under 67, they (the taxpayer) may be eligible to
Read MoreDeferred Contribution Allocation
A deferred contribution allocation strategy, often referred to as contribution reserving, enables a member to bring forward the timing of a contribution into the current
Read MoreDeath and Incapacity – Who is in control of your SMSF?
With many trustees citing ‘control’ as one of the primary reasons for establishing an SMSF, there are many SMSF trustees that have failed to address
Read MoreWhy is an Enduring Power of Attorney essential?
We all recognize the need for a will when we begin to plan for our future and the future of our loved ones, however many
Read MoreCryptocurrency Investments for SMSFs
Cryptocurrency is a term used to describe digital assets used as a medium of exchange. The records of ownership are stored in electronic ledgers where
Read More5 Potential Errors When Running An SMSF
While an SMSF offers a number of benefits and can be a great way to grow your retirement savings, it is important to ensure your
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