Nov 8, 2024 | retirement, Superannuation
Over the many years we’ve had countless conversations with clients who are overwhelmed by the number of superannuation accounts they’ve accumulated over the years. For many Australians, switching jobs or industries has meant inadvertently creating multiple super...
Oct 15, 2024 | Self Managed Super Funds, Superannuation
Self-Managed Super Funds (SMSFs) are becoming an increasingly popular option for Australians looking to take control of their retirement savings. But while the idea of managing your own super sounds appealing, it’s not a decision to be taken lightly. There are a range...
May 9, 2024 | Self Managed Super Funds, Small Business, Superannuation
The ATO has issued a warning to trustees of SMSFs about sloppy valuation practices. ATO data analysis has revealed that over 16,500 self managed superannuation funds (SMSFs) have reported assets as having the same value for three consecutive years. With many of these...
Mar 25, 2024 | Self Managed Super Funds, Small Business, Superannuation
A major update to the SBSCH means perfect alignment between employees’ super details and those recorded by the ATO will be critical, says the SMSF Association. The SMSF Association has emphasized the significance of ensuring that employees’ superannuation...
Nov 17, 2023 | 2023, Superannuation, Taxation
Wondering about the ATO agent nomination process? If you are an existing client, you may not need to do anything. If you are a new client we’ll send you information about the steps required to link to us. Because you are a new client, or your existing...
Oct 19, 2023 | Superannuation
Treasury has released draft legislation to enact the Government’s plan to increase the tax rate on earnings on superannuation balances above $3m from 15% to 30% from 1 July 2025. This is the final step before the legislation is introduced into Parliament and a step...
