Younger retirees might like to consider moving their funds back into accumulation phase for the time being.
From tax on super lump sums to the transfer balance cap, there are a range of rates and thresholds that can affect your super. In this article we provide an overview of the key aspects of each of these rates and thresholds for 2019/20.
SMSF trustees have a lot of laws they need to be aware of if they don’t want to cop a thousand-dollar fine. Here, we go over the main Acts that mention superannuation and SMSFs.
One of the great benefits of an SMSF is it can buy the commercial property used by your business, with the fund becoming your landlord. But how do you go about organising a loan and rental arrangement that keeps the tax man happy?
If you’re selling a small business, you’ll need to know what the small business retirement exemption is, whether you’re eligible and how you claim it.
What happens to an SMSF in the event of a divorce? Breaking up can be hard to do, it can also be financially costly. If you share an SMSF, then you will need to split your assets. Here’s what you need to know.
We look at two strategies that can help boost your SMSF and reduce your taxable income.
SMSFs can reduce their tax payable by claiming investment property expense deductions against the rental income they generate, but it’s important to understand what your fund can and can’t claim as investment property tax deductions.
The 2019 Federal Election has been announced for 18 May, and the ALP are now presenting their campaign policies to the nation.
One of the unique characteristics of self-managed superannuation funds (SMSFs), which make them attractive to some investors, is their ability to invest in direct property.
Capital gains and their potential tax liabilities need to be an important part of investment decision making for an SMSF. Careful consideration and planning of when capital gains, and losses, may be realised can have a significant impact on an SMSF’s balance.
Super contributions can be used in many different ways when it comes to planning your finances and saving for your retirement. In the right circumstances, they can also be a very useful tool for minimising your tax bill.
This article broadly explains how superannuation is taxed, including when you make contributions, as your super grows, and when you access your super.