Posts
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How carry-forward (catch-up) super contributions work
If you haven’t used all your concessional contributions cap in recent years you can play catch-up and get a handy tax concession to sweeten the deal.
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TBAR: Transfer balance account reporting for SMSFs
Understanding the transfer balance account rules, including timing and transaction reporting, is extremely important for SMSF trustees..
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How to start a super pension and what to consider first
The process, benefits, and options available.
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Retiring this year? What to know before starting a super pension
Find out the rules around making last minute super contributions and how much you can transfer into a tax-free pension account.
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Managing your super after losing your spouse
Inheriting your spouse’s super in retirement needs careful planning to ensure you make the most of the tax-free pension phase without exceeding your limit.
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Common financial mistakes SMSF trustees make before retirement
Not being aware of your entitlements can mean missing out, and it’s a surprisingly common mistake for SMSF trustees as retirement nears.
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Tax-saving strategies for SMSF pensions
When and how you withdraw income from your super in retirement can have significant tax benefits.
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In your 60s? The super rules that apply to you
When you reach your 60s, the rules around making contributions and withdrawals from super start to change, so it’s important to know what’s what.
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Creating effective salary-sacrifice arrangements with your employees
The right written agreement prevents tax issues for your staff.
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How to keep good records for your employees’ super contributions
The right evidence, organised effectively, protects your business from running foul of the tax office.
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What employers need to know about Super Guarantee penalties
Here’s what happens if you’re late paying your employees’ super and what you can do about it.
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What are the accumulation and retirement phases of super?
The two phases of super have different features, and you can have accounts in both phases simultaneously.
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How lump sums can reduce your transfer balance account
If you are considering taking more than the minimum amount from your super pension account, the way you do it counts.
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Case study: Combining downsizer and non-concessional contributions
People wanting to give their super a substantial boost later in life can get more bang for their buck by combining these two popular strategies.
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Am I eligible for the Age Pension?
A common question for Australians planning their retirement is if, and when, they will be eligible for the Age Pension.
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SMSF property ownership options and opportunities
Despite rule changes around borrowing to invest in residential property, there are still many ways SMSFs can invest in property.
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SMSF arm’s-length rules, NALE and NALI explained
Here’s how to ensure all your fund’s transactions are conducted at arm’s length, and avoid costly tax penalties along the way.
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AI and SMSFs: What trustees should know
AI is becoming an increasingly important part of the SMSF landscape. Dr Evan Morrison, Head of the Innovation Lab at Hub24, discusses the opportunities, risks and practical ways trustees can use AI to improve efficiency and decision-making.
