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The Government has introduced, from 1 July 2017, of a dollar limit on the total amount that a member can transfer into “retirement phase”, the term used to describe pension accounts which are exempt from tax in the fund.. Read more
On 24 May 2018 the Federal Government announced their intention to provide a one-off 12 month amnesty to allow employers who have undeclared superannuation guarantee charge (SGC) obligations to “wipe the slate clean” on a concessional basis. Read more
We are pleased to bring you the our top tax tips highlighting the latest tax developments that have occurred. Read more
We are pleased to bring you the our top tax tips highlighting the latest tax developments that have occurred. Read more
The new financial year is a good time to think about how you could build your super and start saving for retirement. Here are some options to consider to help your super work harder for you. Read more
Here are the issues that you and your financial adviser should consider when performing your self-managed super fund health check. Read more
Australians are living longer and if you hang up your work boots at, say, age 65 and live to age 90, you need to plan for the possibility of a quarter of a century in retirement. That’s a wonderful thought! But will your money last the distance? Read more
SMSF trustees that were paying TRIS or an ABP with a balance of more than $1.6m should review the SMSF’s CGT position in light of the transitional CGT relief rules. Read more
In order for superannuation contributions to be deductible for the 2017 financial year they must be receipted by the fund before 30 June 2017. If utilising a clearing house, be mindful it may take up to 14 days for the contribution to be receipted by the super fund. Read more
Did you know the amount you can contribute to superannuation will decrease from 1 July 2017? Read more