ATO guidance on timing of contributions to the Government's clearing house
December is not usually a time when many of us in the superannuation industry worry an awful lot...
Read More
Recent changes to excess concessional contributions and the TSB limit
While the rules surrounding excess contributions have remained relatively stable for some time now,...
Read More
Contribution Caps for 2019/20 Financial Year
With a new financial year upon us, you may be thinking about what contribution caps apply for the...
Read More
Super Thresholds for 2019/20 Financial Year
With a new financial year almost upon us, it is time to make ourselves familiar with the various...
Read More
My client makes superannuation contributions for its employees via the ATO’s Small Business Superannuation Clearing House. When are the contributions deductible to the employer?
When the clearing house receives the money? Or when the respective superannuation funds receive the...
Read More
My client has excess concessional contributions and their Total Super Balance exceeds $1.6m. What happens now?
While the rules surrounding excess contributions have remained relatively stable for some time now,...
Read More
Franking Credit Refunds
Top of mind for many SMSF trustees – particularly retirees - is the upcoming Federal Election and...
Read More
BUDGET: Heffron Summary
On the superannuation front (and for SMSFs in particular), the 2019-20 Federal Budget was...
Read More
A new opportunity to top up super for those over 65 – downsizer contributions
From 1 July 2017 it became much harder to build up more superannuation thanks to a tightening of...
Read More
Work Test Exemption for Recent Retirees – Who Will Benefit?
In the May 2018 Federal Budget, the Government announced plans to extend the ability for recent...
Read More
My client has been offered shares in his employer’s company as part of an employee share scheme
Under the scheme, the employee is able to take up the entitlement themselves or nominate an...
Read More
My client made a $25,000 concessional contribution to his SMSF in June which won’t be allocated to his member account until July.
When will the unallocated amount first count towards his Total Superannuation Balance? ...
Read More
