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Aug 24, 2020 / News
Australia and New Zealand – More in common than you might think
In a poll conducted by the Lowy Institute, New Zealand was considered Australia’s “best friend”, displacing the United States.We share a desire for a more business-friendly relationship, and that manifests in a number of specific taxation and other rules that are particular to Australia-New Zealand commerce. Read more
Aug 20, 2020 / News
COVID-19 Concessions
The following has been taken from the SMSF Frequently Asked Questions page of the ATO website, and may be useful to clients whose SMSFs have been affected by COVID-19. Read more
Aug 20, 2020 / News
Delayed Start to Super Changes
Due to a backlog of legislation and the effects of COVID-19, the Federal Government has announced delayed starting dates for a number of super changes. Read more
Aug 20, 2020 / News
Changes to Testamentary Trusts may Affect Super Arrangements
A recent change to the taxation of trust income distributed to minors (people under 18) means that some clients may need to review their estate planning arrangements in relation to superannuation and life insurance benefits. Read more
Aug 18, 2020 / News
JobKeeper changes – you must do some things by this Friday!
The JobKeeper Rules were amended last Friday (which the Treasurer has the power to do). These changes affect only the existing JobKeeper program, which runs until 27 September. The extension after that, with tightened eligibility, has not yet been legislated. Read more
Aug 10, 2020 / News
Market Update Winter 2020
Following the surprise market recovery experienced in April and May, we have seen many indexes continue their early stages of bouncing back. Read more
Aug 10, 2020 / News
Do falling markets signal a good time to open an SMSF?
Historically, self-managed super funds (SMSFs) have been seen as a direct way to take control of your retirement savings. By taking charge of your investment selection and asset allocation, there may be the perception that you could outperform your retail or other super fund by taking control over your choice of investments. Read more
Aug 10, 2020 / News
Changes to minimum pension payments
As part of the Government’s commitment to Australians during COVID-19 crisis, it recently announced changes to the minimum pension payments for retirees. Read more
Aug 10, 2020 / News
Super Guarantee Amnesty– The clock is ticking
The Federal Governments Superannuation Guarantee Amnesty was given royal assent on 6 March 2020 with a six-month timeframe. Hence, the Amnesty window is due to close on 7 September 2020 - it is just around the corner! Read more
Aug 07, 2020 / News
JobKeeper 2.1 revamped
The economic impact from the situation in Victoria has prompted the government to revise the second phase of the JobKeeper program announced a couple of weeks ago. The revamp is estimated to add a further $15 billion to the cost of the program. Read more
