SMSF: Why you should set up a self-managed superannuation fund

self-managed superannuation fund

Every year 60,000 Australians establish a self-managed superannuation fund (SMSF). With this phenomenal growth, SMSFs should really stand for “so many, so fast”. While more than 1 million people have their own SMSF, others wonder whether they should have one while many know little about them. If you’re the latter, don’t feel guilty. Irrespective of […]

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Superannuation Rates & Threshholds

superannuation rates

We have compiled a list of important rates and thresholds for Australian superannuation (for the 2017/18 financial year). Concessional contributions cap- Concessional contributions include employer contributions (including contributions under a salary sacrifice arrangement) and personal contributions claimed as a tax deduction by a self-employed person (or by any person from 1 July 2017). Income Year […]

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2017 Superannuation Changes

Superannuation Changes 2017

Treasury Law Amendment (2017 Measures No.2) Bill 2017 makes various technical superannuation changes in relation to the Government’s package of changes to superannuation, which generally take effect from 1 July 2017. One of the technical amendments included in this Bill, relates to Limited Recourse Borrowing Arrangement (‘LRBAs’) entered on or after 1 July 2017 and […]

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