Key Points: The government plans to cap tax concessions on certain higher balance super accounts from 1 July 2025. The proposed changes will subject earnings on amounts in the accumulation phase above $3 million to tax at the higher rate of 30%. Details that haven't been addressed include...
Investing in property is a huge decision and can be very costly if you get it wrong. The first decision you need to make is: "Are you buying a home to live in or are you buying it as an investment?" We will be breaking...
Risks you might not have thought about for your SMSF portfolio Diversifying Your Portfolio Most of us all know that a primary rule of thumb when it comes to investing is to not keep all of your eggs within one basket. Self managed superannuation fund (SMSF) asset...
Upsize your super with downsizer contributions People aged 65 or over may be eligible to make additional super contributions of up to $300,000 per person from the proceeds of the sale of their home from 1 July 2018. These are known as ‘downsizer contributions’ and they...
With the 2019 Budget week having concluded following the formal delivery of the 2019/20 Federal Budget by the Treasurer on 2 April 2019, and the Opposition response on 4 April 2019, it’s now “game on” in terms of policy positions as the electorate starts to...
We’re a nation that loves property – and the ability to buy property within an SMSF can be a significant factor in establishing one. Based on the June 2017 SuperConcepts Investments Pattern Survey, property makes up around 20% of the value of all funds surveyed....
Here are some of the key changes that took effect on 1 July 2018 that could impact your situation or otherwise create opportunities for you and your family. Buying your first home? Status: Bill passed Effective: 1 July 2017 for super contributions and 1 July 2018 for release...