30 May SMSF Association clarifies NALI issues around pension phase assets
The SMSF Association has confirmed the ATO position around non-arm’s length capital gains issues and its effect on segregated current pension assets.
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General Insights
28 May SMSFs flagged on Div 7A relief implications from ATO’s updated guidance
While the ATO has provided its guidance on COVID-19 LRBA relief on Division 7A, advisers will need to be aware of the practical elements that will affect the SMSF’s position around the administrative relief.
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27 May Your super checklist for EOFY
Posted at 12:01h
in Financial Planning, General Insights, Superannuation & SMSF, Tax Planning
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The lead up to 30 June can be a good time to maximise tax benefits that may be available to you inside super. If you’re keen on taking advantage of potential tax benefits available inside super, or are looking at ways to rebuild your retirement savings...
26 May Dealing with compliance complexities impacting overseas SMSF property
Dealing with SMSF property overseas is a different undertaking compared to domestic property, with a different set of issues that affects the compliance approach, according to a technical specialist.
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25 May Investing on behalf of your kids
Investing on behalf of your children can help give them a financial leg up and introduce them to good financial practice at an early age. However It’s important to pick the right vehicle. Tax, social security and the appropriate structure will all affect your decision. Whether it’s...
24 May Super contribution caps are going up from 1 July 2021
The amount of money you can contribute into your super each year is about to increase. The caps on concessional and non-concessional super contributions will increase from 1 July this year, meaning you may be able to put more money into super. Below we explain how the...
23 May Poisoned pets: The hidden dangers posed by common houseplants
A trip to the nursery is a common activity for most of us, but are our resulting plant purchases putting our furry family members at risk? The answer, unfortunately, is that, yes, there’s a surprising number of plants (hundreds in fact) that can be poisonous...
21 May Why Australian households are getting richer
Australian household wealth is rising, with the bulk tied up in residential real estate. On an asset allocation level, there may be room for households to revisit their asset holdings to see if they still align to their financial goals.
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19 May Asset allocations still hold the key
Purchasing a home or investment property based on short-term market trends can dramatically alter asset allocations and have long lasting impacts on wealth. Here's why.
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15 May Federal Budget 2021 – Health
While there are many aspects of our life covered in this year's Budget the following focuses on the issues related to Health.
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