Navigating SMSF Management: Common Pitfalls and How to Avoid Them
Discover common SMSF management pitfalls and learn practical tips to avoid them. Stay compliant, reduce risk, and grow your retirement savings confidently.
Take Control of Your Retirement with a Self-Managed Super Fund in Australia
Take control of your superannuation with a Self-Managed Super Fund. Enjoy greater investment flexibility, tax benefits, and a tailored retirement strategy.
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 […]
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 pay a higher tax rate on their earnings. Under the proposed changes, those with super balances above $3 million would be subject to a […]
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 from 15%. This introduces an additional tier in earnings tax similar to the one introduced previously for contributions […]