Smsf Trustee With The Travel Bug

SMSF trustee with the travel bug? How to keep your fund compliant - Tax Accountants Warwick

Are you the trustee of an SMSF but also a travel aficionado? Nothing wrong with that; however, trustees need to be aware that there can be negative consequences if you are out of the country for too long.

Read more
Is An Smsf Right For You2

Is an SMSF right for you? - Tax Accountants Upper Mount Gravatt

Do-it-yourself superannuation, in one form or another, has been around for about 30 years. But it has only been over the last few years that SMSFs have made an indelible mark on Australia's retirement savings landscape.

Read more

Super downsizer scheme essentials - Tax Accountants Sydney CBD

Under the superannuation downsizer scheme, people aged 65 and older can make a non-concessional (post-tax) contribution of up to $300,000 from the proceeds of selling what was once their family home. Downsizing enables more effective use of housing stock, and existing contribution caps and restrictions will not apply to the downsizer contribution. The scheme applies from 1 July 2018.

Read more
Controversial Super Change Scrapped

Controversial super change scrapped — but other proposals need to be watched - Tax Accountants St Albans

At the time of writing, the new Parliament released the first batch of proposed changes to the superannuation regime, and among these was the announcement that the proposed $500,000 lifetime non-concessional cap is to be scrapped. Recall that these measures were previously announced in the Federal Budget earlier this year before the election.

Read more
Smsfs Need To Prepare For The New Transfer Balance Cap

SMSFs need to prepare for the new transfer balance cap - Tax Accountants Sunny Bank

Legislation introducing changes to the superannuation regime were recently passed by Parliament. Among them will be a requirement for fund members to establish a transfer balance account for each retirement phase recipient. In other words, individuals receiving superannuation income stream benefits will be required to have a transfer balance account.

Read more
Does Your Smsf Need A Valuation

Does your SMSF need a valuation? - Tax Accountants South Brisbane

The rules around the valuation of assets held under an SMSF have seen a lot of changes over the years. The requirement to consider valuing SMSF assets at market value when preparing the annual financial statements of the fund was one of the most significant and controversial of these changes.

Read more

Our Management Credentials