SuperGuardian – Page 3 – SuperGuardian

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 an individual’s Total Superannuation Balance

Excess Concessional Contributions

The concessional contribution cap is $30,000 from 1 July 2024. With the ability to carry forward unused concessional contributions over a 5 year rolling period

Implications of Late Lodgement of your SMSF Annual Return

Implications of Late Lodgement of your SMSF Annual Return The SMSF Annual Return is an important document that covers the income tax return, regulatory information

Unused Concessional Contributions Cap Carry Forward

Unused Concessional Contributions Cap Carry Forward The standard concessional contribution cap, the limit for concessionally taxed employer and personal deductible contributions. It is subject to

Borrowing in your SMSF

Borrowing in your SMSF Borrowing within a Self-Managed Superannuation Fund (SMSF) can be a useful strategy forinvesting retirement savings, allowing an SMSF to acquire significant

3 Ways to get into Property with a SMSF

3 Ways to get into Property with a SMSF Investing in property through a Self-Managed Super Fund (SMSF) remains a popular topic, as many Trustees

Annual Trustee Plan

Annual Trustee Plan It’s the New Year – time for new resolutions and planning the year ahead. For SMSF trustees, reviewing your fund’s investment strategy

Division 296 Tax Discussion Paper

Division 296 Tax Discussion Paper The proposed $3 million superannuation tax introduced by the Australian Government aims to adjust the tax concessions for individuals with

Webinar – Asset segregation and ECPI in an SMSF

Self-managed super funds are subject to special rules when it comes to being able to segregate assets to support a pension for income tax purposes, however, this

Webinar – Commencing and ceasing a pension in an SMSF

In June 2024 the ATO finalised their update of their 2013 Taxation Ruling ‘TR 2013/5 Income tax: when a superannuation income stream commences and ceases’. This