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 indexation, based on Average Weekly Ordinary
Read MoreAppointing SuperGuardian as your Tax Agent
Self-Managed Superannuation Funds are required to use the Client-agent linking nomination process to appoint a Tax Agent or update the authorisations granted to an existing
Read MoreContribution and Total Superannuation Balance
Contributing to super is a vital part of growing retirement savings. In recent years there have been various changes to contributions, primarily with the introduction
Read MoreGuide to Transition to Retirement Pensions in SMSFs
When a member meets a condition of release, they become eligible to commence a pension using some or all of their superannuation balance. The pension
Read MoreDeciding on your SMSF Trustee
Deciding on the type of trustee which will be responsible for your SMSF is important.There are two types of structures available: To read this fact
Read MoreBring Forward Contributions
The ability to bring-forward future year entitlements to make non-concessional contributions has been in place for many years now. Prior to 1 July 2020 this
Read MoreDownsizer contributions and SMSFs
Housing affordability has long been an issue in Australia. As part of the 2017 Budget, the government introduced a measure aimed at reducing pressure on
Read MoreFirst Home Super Saver Scheme
The First Home Super Saver Scheme (FHSSS) was introduced by the government to deal with housing affordability and to help Australian’s get into the property
Read MoreWork Test Exemption
Depending on a member’s age, the work test is a key test to be contemplated when making contributions to an SMSF, and SMSF trustees must
Read MoreUK Pension Schemes
The relationship between Australian superannuation funds and UK pension schemes has been a complicated one for a number of years. Legislative changes in both jurisdictions
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