Cryptocurrency 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 cryptography is used to secure both transaction records and transfers of ownership. There are many types of cryptocurrency already available and new ones being created that utilize different block chain technology. Block chain is a continuously growing, list of records that are linked and secured with cryptography.

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Bring Forward Contributions

The ability to bring-forward future year entitlements to make non-concessional contributions has been in place for many years now. Prior

Understanding super terminology

An individual’s Transfer Balance Cap (TBC) and Total Superannuation Balance (TSB) are calculated differently and are separate concepts. When the

Excess Concessional Contributions

The concessional contribution cap is $30,000 from 1 July 2024. With the ability to carry forward unused concessional contributions over

Excess Non-Concessional Contributions

The non-concessional contributions cap is $120,000 from 1 July 2024, however the ability to contribute to super is dependent on

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