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Important SMSF Updates for the 2024 Financial Year
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...
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Labor Government Proposes Changes to Tax Rates on Super Balances Above $3 Million
The Labor government has proposed changes to the tax rates on superannuation balances above $3 million. The changes, which were announced today by Treasurer, would see those with high superannuation balances...
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Changes to Superannuation Tax Rates for Large Super Balances
The Labor government has announced a change to tax concessions within super. This takes the form of a 30% tax on earnings made in super for Members with a Total Super Balance above $3 Million – up...
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SMSF Financial Advice Changes
Recently ASIC released a set of updated guidelines on the provision of SMSF advice from financial advisers. Previously, ASIC guidelines included a reference to a $500,000 minimum threshold before setting...
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Licensing and Advice Issues
Following the submission of the Quality of Advice Report, the government will find it hard to find a balance between the competing interests of groups that want a more lenient regulatory structure and...
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Important SMSF Updates for the 2024 Financial Year
Labor Government Proposes Changes to Tax Rates on Super Balances Above $3 Million
Changes to Superannuation Tax Rates for Large Super Balances
SMSF Financial Advice Changes
Licensing and Advice Issues