News & Insights
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Trustee
What to do now to beat $3m super cap
The government’s proposal to add extra taxes for those with more than $3 million in their super account has certainly drawn ...
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How do I calculate the benefit to pay when my client dies?
I was recently asked about a death benefit for a member who died in May. The fund and member balances were calculated at 30 ...
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My trustee has lost capacity – now what?
Latest ATO figures show that over 30% of SMSF trustees are over 70. Inevitably, as we age, we all face an increasing likelihood ...
Meg's Musings
Meg's Musings – November 2023
We were thrilled to receive two awards at the SMSF Adviser awards last week – one for fund administration and one for ...
What's new at Heffron
A new look for Super Companion + updated content on $3m balance tax
Super Companion now has a new look and feel. It is now even easier to get all your superannuation questions answered. We have ...
Meg's Musings
Meg's Musings – Heffron turns 25
I still remember starting out, fresh from a holiday travelling around Australia for 9 months. Martin and I had tossed in great ...
Meg's Musings
Meg's Musings - October 2023
We were excited to see that we’re finalists in four categories for the SMSF Adviser awards this year (fund administration, ...
Legislation
Draft legislation for tax on members with more than $3m in super
This morning the Government released draft legislation for the proposed new tax. At least it has a name now – “Division 296 ...
Legislation
When should my super be under $3m to avoid the proposed new tax?
A common question from our clients about the proposed new tax for people with more than $3m in super has been : if I want to ...
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Do tax concessions have to match the condition of release?
My client is in their 40s and has accessed their superannuation due to being permanently incapacitated. For tax purposes, are ...
Contribution
Contributions for 75 year olds – how do they work?
Turning 75 is a big deal when it comes to super contributions. There comes a point shortly afterwards when it’s pretty much ...
Meg's Musings
Meg's Musings - September 2023
Spring, Heffron’s Super Intensive Day and our Kaden Centre walkathon. All excellent reasons to enjoy September. This year, ...
