A super health check is important to stay on top of your super. Even though you have a long way to go before retiring, wouldn’t it be nice to know that your super is already on track? And that you’re making the most of your efforts to increase your super while maintaining a comfortable standard […]
4 Reasons Why You Need to Do a Super Health Check Read More »
Understanding the intricacies of the superannuation system specifically super details for employers is crucial to fulfilling your obligations and supporting your employees’ financial well-being. In this blog, we will delve into the essential superannuation details every employer should know, providing valuable insights and practical guidance to help you navigate this complex landscape effectively. Read on
Understanding Super Details for Employers: A Quick and Easy Guide 2023/24 Read More »
Proposed 30% Tax on High Super Balances The government proposes a 30% tax on high super balances, as announced on February 28, 2023. Starting from July 1, 2025, any superannuation balances above $3 million will be subject to a concessional tax rate of 30% on future earnings. It’s important to note that this proposal has
Proposed 30% Tax Increase on High Super Balances Explained Read More »
Bring-Forward Rule To Boost Your Super in 2023 As you approach retirement, it’s wise to consider putting extra money to boost your Super this 2023 with the bring-forward rule. If you happen to receive an inheritance or sell an asset, the same applies. By doing so, not only will you give your retirement savings a
Boost Your Super in 2023 with the Bring-Forward Rule Read More »
An update on work test removal has provided new opportunities for those approaching retirement. Starting from 1 July 2022, individuals aged between 67 and 74 won’t have to satisfy the work test to make or receive non-concessional or salary-sacrificed contributions to their superannuation. The announcement made in the Federal Budget on 11 May 2021, regarding
Work Test Removal to Empower Older Australians in 2023 Read More »
Re-contributing COVID-19 Early Release Super Amounts Re-contributing COVID-19 Early Release Super Amounts is a complex process but a great way to grow your super funds. Many individuals have been impacted financially by the COVID-19 pandemic, leading to changes in money management. To provide relief during this crisis, the government opened access to superannuation funds under
COVID-19 Re-contribution Early Release Super Amounts Read More »
Early access to super
2023 Insights on Early Access to Super Read More »
Updated Super Registration
2023 Guide to Updated Super Registration Read More »
You may have asked yourself these Crucial Questions When Setting Up a SMSF or any other types of investment, but have you thought about what to do once you successfully set up one? While you’ve been busy securing your home and family, there have been major developments in the world of finance that could victimise
Superannuation Scams on the Rise: Don’t be a Victim. Read More »
Australian citizens aged 55 and over can now take advantage of downsizer contributions with the passage of the Treasury Laws Amendment (2022 Measures No. 2) Bill 2022. This means that from January 1st, 2023, eligible submissions will be accepted from those meeting criteria along with any other established eligibility qualifications. What is the downsizer super
The Age for the Downsizer Super Scheme to Drop to 55 Starting January 2023. Read More »
