When a downsizer contribution is ineligible, the fund must re-assess the amount in accordance with the Superannuation Industry (Supervisio..
Illegal early release of super (IER) is one of the risk areas that the ATO has identified as being of most concern and in need of action.
Members who receive income from one or more capped defined benefit income streams may have additional tax liabilities. They would then nee..
A key responsibility for trustees of self-managed super funds (SMSFs) is to ensure proper and accurate tax and superannuation records are ..
The 2019-2020 Federal Budget suggested a deferral of the extension of SuperStream to self-managed superannuation fund (SMSF) rollovers fro..
Members of self-managed super funds (SMSFs) that are eligible can claim an income tax deduction on personal super contributions. Members t..
Changes have been made throughout the year regarding SMSFs and their pay-as-you-go (PAYG) withholding. As the end of the financial year an..
When forming a fund’s investment strategy, diversification is a notable consideration for SMSF trustees. By spreading the investments of a..
The First Home Super Saver (FHSS) scheme was introduced in the Federal Budget 2017–18 to reduce pressure on housing affordability. The sch..
A number of changes to superannuation will come into effect from 1 July 2019. The ‘Protect Your Superannuation’ Bill passed through Parlia..