Limited recourse borrowing arrangements (LRBA) used to acquire assets within superannuation will be scrapped if the recommendations of the Financial System Inquiry (FSI) report are followed.
Read MoreAlthough hopefully a very uncommon occurrence, there will be questions for the pay office of most employers after the death of an employee.
Read MoreRecent ATO rulings and interpretations emphasise the need to understand the rules about paying account-based income streams and transition to retirement pensions.
Read MoreSuperannuation is an extremely effective investment vehicle for most people, but is not necessarily appropriate for all.
Read MoreAcquiring assets from related parties can be a minefield, but some SMSF practitioners continue to struggle with the basics.
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A very brief and simplistic checklist for SMSF trustees to undertake well before 30 June 2015
SMSF investors and their professional advisers could be missing out on significant tax advantages by simply being unaware of the deductions they can claim, according to one tax depreciation expert.
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The federal government's intends to ease the rules around early access to retirement savings as a result of terminal illness.
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Chris’ 39 years at Bush & Campbell will come to an end at 30 June 2015 when he permanently retires.
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The end of financial year always seems to come up faster than it should. When it comes to self managed superannuation it is important that certain matters, if applicable to your circumstance, are considered prior to 30 June.
Read MoreWhile the Coalition is holding to the pre-election promise (for now), there is increased pressure on government to change certain rules in super funds, including SMSF’s.
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Contributions - 2015 year increased tax deductible contributions cap for anyone 49 and above
Read MoreThe ATO is encouraging those with multiple super funds to consolidate their super into one account, with 45 per cent of working Australians currently holding more than one super fund.
Read MoreFirst time home buyers may be allowed to dip into their superannuation savings to help them get on the property ladder, under proposals being considered by Treasurer, Joe Hockey.
Read MoreA recent ATO determination offers some insights regarding the ATO’s views on commuting transition to retirement income streams, and highlights an important tax trap.
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