SMSF

Given the proximity of the next SG contribution deadline on 28 April 2024, it is important to take action ahead of this date to prevent potential compliance issues.

This forthcoming regulation represents a substantial change to superannuation rules, particularly impacting members with significant account balances.

The rise of older SMSF members calls for more awareness of incapacity issues, urging proactive safeguards for members' interests.

Know how self-managed super fund (SMSF) trustees can meet their responsibility to keep accurate tax and super records.

Concessional (pre-tax) and non-concessional (post-tax) contribution caps will be lifted by $2,500 and $10,000 a year respectively from 1 July 2024.

This tax time, the ATO is introducing the ‘Super Health Check’ initiative. This consists of 5 things super fund members can do to get on top of their super.

Despite what you may have heard or read elsewhere, you cannot access your super before you retire unless you meet one of the very few exceptions to this fundamental rule of super law.

The reduced eligibility age to make a downsizer contribution from age 55 is now law, with the Treasury Laws Amendment (2022 Measures No. 2) Bill receiving royal assent on 12 December.

Recent legislation introduced into Parliament will increase the Commonwealth Seniors Health Card (CSHC) income test.