News & Insights
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Calculating contribution limits when thresholds are changing
My client Judy had $1.5m in super at 30 June 2022. She was originally going to make non-concessional contributions of $220,000 ...
Legislation
Total Superannuation Balance – getting ready for 30 June
As we reach the pointy end of the financial year, it’s worth turning our minds to Total Superannuation Balance as this will be ...
Ask an Expert
Authority to Release Excess Non-concessional Contributions
A fund has received a release authority from the ATO to release a member’s excess non-concessional contributions (NCCs). Why is ...
Meg's Musings
Meg's Musings - May 2023
When we covered the last Federal budget in October 2022, I wrote “I don’t recall a Federal Budget with less to say about ...
Legislation
NALE - where to now?
In last night’s Federal Budget, the Government provided a long awaited update on its proposed amendments to the non-arm’s ...
Trustee
Total Super Balance quirks unpacked
Total Superannuation Balance (or TSB) is a term many would assume to be fairly self-explanatory. It sounds like 'everything I ...
Ask an Expert
Segregating pension assets – is it always possible in the first year?
My client will start a retirement phase pension from 1 July and plans to realise a capital gain on a property owned by the ...
Trustee
Can an SMSF run a business?
SMSFs are often linked to business enterprises in some way – they frequently own shares (even in small unlisted businesses), ...
Death
Death of an SMSF member
Hopefully the death of an SMSF client is not something you are dealing with every day. But, when the inevitable does happen, ...
Legislation
Clients planning on going overseas? Check in on their SMSF before they go
Overseas travel is a priority for many after lockdowns and travel restrictions imposed due to COVID-19. But before heading off, ...
Meg's Musings
Meg's Musings – April 2023
I had a very disconcerting experience this week. Like most businesses we’re exploring what AI will mean for us, particularly ...
Ask an Expert
SMSFs & private company shares
My client wants their SMSF to buy shares in a private company. What do they need to consider to make sure their fund complies ...
