You’re working hard to take care of your family now – so it makes sense that you’ve already put a financial safety net in place that will protect them if you’re no longer able to provide for them in the same way, by taking out...
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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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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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...
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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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...
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...
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...
What do you do with browning bananas? It’s a question I find myself asking over and over again, as there are only so many banana bread loaves a person can bake! With a couple of bananas looking a little too ripe, I decided to change things...
The government has announced more than $17 billion in assistance to the underfunded aged care sector over five years. Treasurer Josh Frydenberg has announced that his government will increase aged care spending by $17.7 billion over the next five years by investing $250 million in 2020–21,...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.