Important SMSF Updates for the 2024 Financial Year
Self-Managed Superannuation Funds (SMSFs) continue to be a popular choice for Australians seeking greater control and flexibility over their retirement savings. As we approach the year 2024, there are several significant updates and changes in store for SMSFs. These updates aim to improve the SMSF landscape, ensuring that Trustees can make well-informed decisions while adhering to the evolving regulatory framework.
Super Guarantee Rate
Under Australia’s Superannuation Guarantee laws, employers are obligated to contribute 11% of...