One of the most common questions from those entering or nearing retirement is, ‘How much money can I have before it affects my pension?’ Our answer is usually derived from... read more →
A Self-Managed Super Fund (SMSF) is a unique and increasingly popular retirement savings vehicle in Australia. SMSFs offer individuals and families greater control, flexibility, and investment choices than traditional superannuation... read more →
While the hustle and bustle of operating and managing a business can occupy your mind, it’s important not to forget your superannuation obligations to your employees. Those who fail to... read more →
Superannuation planning is just as important as tax planning at the end of the financial year. As such, it is an area that needs to be carefully reviewed and checked... read more →
In some circumstances, superannuation contributions can be claimed on your tax return if they are made to a super fund or retirement savings account. However, these circumstances are limited and... read more →
There’s been a lot of buzz around superannuation since the 2023-24 Federal Budget was announced. One such buzz involves the concept of ‘payday super’. Payday super has been introduced by... read more →
As expected, the 2023-2024 Federal Budget has placed a strong emphasis on the cost of living and establishing a stronger, secure economy. From an SMSF perspective, we were pleased to... read more →
When it comes to investing, there is always a certain amount of risk involved. The key to a great investment strategy is to discern how much risk you are willing... read more →
Superannuation may not be the first thing that springs to mind as a self-employed individual, but just like how looking after your tax and business expenses benefits you, superannuation is... read more →
Superannuation payments need to be made to your employees, otherwise, stringent penalties can be implemented that could be financially more devastating to your business than simply paying their super. Eligible employees... read more →
Superannuation can be confusing at the best of times for the average Australian. However, for those experiencing the effects of mental impairment (such as dementia), or living with those affected... read more →
It is your responsibility as an employer to set up your business to pay super into your eligible employees' chosen super funds or their stapled super fund where no choice... read more →
From 1st July 2022, those who receive employer super will receive a small increase in their superannuation contributions. The government legislated an increase in the amount of super that employers... read more →
Many of us would like to think that ‘older’ means ‘wiser’, but when it comes to money that isn’t always the case. The complexity of Australia’s superannuation and pension systems... read more →
Back in the days of “normal” interest rates the simple answer to the question “what do I do with any surplus savings?” was “pay off debt”. That’s still a sound... read more →
When you retire, your superannuation is likely to become an important source of your income. That’s why it’s a good idea to top it up while you are working. But... read more →
A super guarantee amnesty was introduced on 6 March 2020. Employers participating in the amnesty need to apply by 7 September 2020. The ATO's ability to identify underpaid Super Guarantee... read more →
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a property and a tenant in financial distress, you... read more →
You may be aware that the Government recently announced measures which allow individuals affected by the economic impacts of COVID-19 to access a limited amount of their superannuation early. Making... read more →
Protecting your superannuation - Further changes to insurance in super is now law. Did you know that superannuation fund members under the age of 25 and members with balances below... read more →