Self Managed Super Fund
Building an Emergency Fund for Your Peace of Mind
A strong financial plan must include the creation of an emergency fund because it acts as a safety net in case of unforeseen circumstances. We can advise you on the best solutions for your particular financial circumstances and assist you in taking action to lay a solid financial foundation.
How To Prepare Super For EOFY
Recent headlines have been dominated by superannuation. As we near the conclusion of the fiscal year, it is worthwhile to turn our attention to super balances. There are several ways to increase your superannuation, but if you want to maximise your contributions, it's crucial that you don't wait until the last minute. Here’s how to get your super ready for EOFY!
AustralianSuper to Refund $70M to Customers after Double-Charging Members
Australia's biggest superannuation fund has revealed that it has been double charging some customers, and will refund around $70 million in fees and insurance costs to about 100,000 people. Here's how to determine whether you're entitled to a refund.
Say Hello to Payday Super
The government has announced that from July 1, 2026, all companies will need to pay worker's superannuation at the same time they pay them which means companies will no longer be able to pay superannuation on a quarterly basis.
Tax Advantages of Superannuation Constributions
Your superannuation will probably play a significant role in your retirement income. For this reason, topping it off while you work is a smart idea. But did you know that by making your own voluntary superannuation payments, you can also enjoy some significant tax benefits right now? Here are the various methods to gain tax benefits from your super contributions.
Super Fund Tax Increase on Balances Above $3 Million
The Federal Government has declared its plan to raise the tax rate on super funds for balances over $3 million from 15% to 30%. As the change won’t take effect until July 1, 2025, there is now no need to do anything. Prime Minister Anthony Albanese has confirmed the proposed tax rise, which is scheduled […]
2022 SMSF YEAR END TAX TIPS + REMINDERS
The tax and superannuation laws are always changing, and we are here to help you stay informed. As a Trustee / Director of a Trustee Company for your Self Managed Superannuation Fund (SMSF), you need to be aware of key changes each year and opportunities and risk areas. Some of these reminders will help to […]
Liberal Party’s Super Home Buyer Scheme vs Labour Housing Policy for the Young
Liberal Party announces new Super Home Buyer Scheme to help first-time home buyers unlock their super to get into the property market more quickly. On the other hand, Labor’s Help to Buy housing policy will assist those people on a lower income who are not able to buy a house.
Superannuation Death Benefits – Who Gets Your Super?
Who decides what happens to your superannuation savings when you die? You might believe that you do, however that isn't generally the situation. A definitive choice might be made by somebody you don't know - the legal administrator or trustee of your superannuation fund. Here’s what you need to know in making a valid binding death benefit nomination.
Gain an additional $4000 return in TAX or receive a FREE IPAD
With EOF Year upon us, what sort of emotion does this spark in you?Feeling that slight jitter in the stomach. Touch of anxiety. Restlessness.Do you put it off to the last minute, then spend a few days cramming to get it done?No one likes Tax. We then head in, speak to an Accountant , push out […]