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Super

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

Eligibility requirements for SMSF trustees or directors

All members of a self-managed super fund (SMSF) must be individual trustees or directors of the fund’s corporate trustee. Anyone 18 years old or over can be a trustee or director of a super

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Super

A pivotal estate planning case study for SMSFs

The case of Wooster v Morris highlights the importance of forethought in succession planning where a self-managed superannuation fund (SMSF) is involved. The “risk” that needs to be managed — as

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Super

Insurance cover through your SMSF can be tax deductible

Buying insurance within an SMSF can give access to deductible expenses that would otherwise not be available, as some insurance premiums, such as for life insurance (which typically cannot be

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Super

Super contribution deductions and the EOFY

The end of the 2020-21 financial year is nearly here, which should also serve as a reminder about getting a tax deduction in the current financial year for superannuation contributions.

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Super

How to apply the SG rate rise when pay period crosses June-July

Notice from the Tax Practitioners Stewardship Group (TPSG) On 1 July 2021, the super guarantee rate will rise from 9.5% to 10%. We understand some pay periods will cross over between June and

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Super

Is your business ready for the super guarantee rate rise?

On 1 July 2021, the super guarantee rate will rise from 9.5% to 10%. If you have employees, you will need to ensure your payroll and accounting systems are updated to incorporate the increase to

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Super

The new SG rate and ordinary time earnings: What’s in, what’s out

On 1 July 2021, the super guarantee rate will rise from 9.5% to 10%. Your employer clients will need to ensure that their payroll and accounting systems are updated to incorporate the increase to

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Super

The birth of every SMSF should, of necessity, initiate a discussion about death

When commencing any self managed superannuation fund (SMSF), there is one over-riding expectation that an adviser will most likely drum into newby trustees again and again — that their fund must

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Super

The SMSF sector has been growing by $62,400 every minute

The latest annual statistical report from APRA has been released, covering the 2020 income year but only made public at the end of January 2021. The report of course mainly focuses on

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Super Tax

Tax and SMSF audits on ATO radar, but leniency given

Late last year, the ATO told a parliamentary Senate Select Committee on COVID-19 that its plans were to start tax audits as soon as practical. Time and efforts however were diverted to the

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Super Tools

Payment factors for market linked income streams

The below contains the payment factors for market-linked income streams contained in Schedule 6 “Payments for market-linked income streams” of the Superannuation Industry

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Super

Taking advantage of the SG amnesty, for some employers, has one more hurdle

At the time when the superannuation guarantee amnesty measure ran its course (it expired 7 September 2020), the Assistant Minister for Superannuation Jane Hume reported the amnesty resulted in

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Super

The realities of the cash flow boost

Lost your tax file number? Here’s what to do

JobKeeper: Your questions answered

Client: “Where’s my tax refund?” Explaining timeframes, key terms, and possible reasons for delays

Daily updates: 2-6 November

From the Blog

Eligibility requirements for SMSF trustees or directors

A pivotal estate planning case study for SMSFs

Insurance cover through your SMSF can be tax deductible

Super contribution deductions and the EOFY

How to apply the SG rate rise when pay period crosses June-July

Is your business ready for the super guarantee rate rise?

The new SG rate and ordinary time earnings: What’s in, what’s out

The birth of every SMSF should, of necessity, initiate a discussion about death

The SMSF sector has been growing by $62,400 every minute

Tax and SMSF audits on ATO radar, but leniency given

Payment factors for market linked income streams

Taking advantage of the SG amnesty, for some employers, has one more hurdle

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