Superannuation

/Superannuation

Your Knowledge Update -August 2019

By |2019-08-08T17:13:24+10:00August 8th, 2019|Accounting, Small Business, Superannuation, Tax|

Inside this month's Your Knowledge Update, confusion over the personal income tax changes and what you are really entitled to, why the Government does not want your business accepting cash payments of $10,000 or more, the tax treatment of compensations from financial institutions, and FBT and ride sharing services. Download this month's issue here - [...]

Topping up your Super by “Downsizing” your Family Home

By |2018-08-14T10:40:07+10:00August 14th, 2018|Accounting, SMSF, Superannuation, Tax|

Topping up your Super by “Downsizing” your Family Home From the 1st of July this year, it is possible for retirees to make an additional contribution to their superannuation from the proceeds of “downsizing” their family home. This is a fantastic opportunity for anyone aged over 65 to top up their super balance by up [...]

Superannuation Contributions for 2018/2019

By |2018-08-13T15:31:43+10:00July 31st, 2018|Accounting, Hospitality, Small Business, Superannuation, Tax|

Superannuation Contributions for 2018/2019 The contributions that a member can make into a superannuation fund will depend on whether those contributions are classified as “concessional” or ”non-concessional contributions”. Concessional contributions refer to contributions made with before tax dollars while non-concessional contributions refer to contributions made with after tax dollars. For example. Employer contributions including salary- [...]

Your Knowledge Update – May 2018

By |2018-05-31T11:50:21+10:00May 15th, 2018|Accounting, Hospitality, Small Business, Superannuation, Tax|

In this month's Your Knowledge Update we look at what the ATO's statistics reveal about Australians and review proposed CGT legislation that has potentially serious tax implications for expats and foreign residents who own residential property in Australia.  Download this month's issue here - Your Knowledge Update - May 2018