Super

Build a strong path to wealth with our superannuation news and insights.

How much do you need to retire?

How much do you need to retire? When it comes to superannuation and retirement savings, it seems that size really does matter. There are other considerations of course, but for the most part the focus will be on finances when people aim to “improve” their post-work life prospects. The question of how much retirement savings

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SMSF trustees have some specific deductions available

The ATO has issued guidance to allow for certain expenses to be specifically deductible to superannuation funds, including of course SMSFs. SMSF trustees have some specific deductions available Taxation ruling TR 93/17 says “the following types of expenses typically incurred by a superannuation fund are ordinarily deductible”. They are: actuarial costs (although see note below)

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Transfer balance account report now available

A transfer balance account report (TBAR) has been developed by the ATO to capture the new information super providers need to provide. The new TBAR and relevant instructions are now available from the ATO website. It adds that it is planned to have an online TBAR form available from next January, although you can download

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