Contribution 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 MoreExcess Non-Concessional Contributions
The non-concessional contributions cap is $110,000 from 1 July 2021, however the ability to contribute to super is dependent on an individual’s Total Superannuation Balance
Read MoreExcess Concessional Contributions
The concessional contribution cap is $27,500 from 1 July 2021. With the ability to carry forward unused concessional contributions over a 5 year rolling period
Read MoreUnderstanding super terminology
An individual’s Transfer Balance Cap (TBC) and Total Superannuation Balance (TSB) are calculated differently andare separate concepts. When the super reforms of 2017 came into
Read MoreSMSF Residency
SMSF’s must be ‘complying’ to ensure they attract the tax concessions they are known for. An SMSF’s complying status relies on it being an ‘Australian
Read MoreDeath and Incapacity – Who is in control of your SMSF?
With many trustees citing ‘control’ as one of the primary reasons for establishing an SMSF, there are many SMSF trustees that have failed to address
Read MoreWhy is an Enduring Power of Attorney essential?
We all recognize the need for a will when we begin to plan for our future and the future of our loved ones, however many
Read MoreCryptocurrency Investments for SMSFs
Cryptocurrency is a term used to describe digital assets used as a medium of exchange. The records of ownership are stored in electronic ledgers where
Read More5 Potential Errors When Running An SMSF
While an SMSF offers a number of benefits and can be a great way to grow your retirement savings, it is important to ensure your
Read MoreTop 10 Trustee Tips to Running a Successful SMSF
With over 590,000 SMSFs controlling over $760 billion in assets, it is obvious many Australians are opting to establish their own self managed super fund
Read More- 1
- 2