Sep 3, 2024
As the end of financial year approaches, it’s timely to remind self-managed superannuation Trustees of their compliance obligations, and in particular the need to ensure assets are valued correctly. While this is regular practice, given that the Australian Tax Office...
Aug 27, 2024
Despite the Federal Government claiming changes to superannuation will make the system ‘more sustainable and fairer’, closer examination of the draft legislation reveals the measures are actually inequitable and unsustainable in the long term. At a simple level, plans...
Aug 27, 2024
It goes without saying that assets held by a Self-Managed Superannuation Fund need to be correctly valued and insured, but too many Trustees are not aware that failing to have an insurance policy over an asset held by the SMSF could cost them dearly in the case of an...
Apr 2, 2024
As we move ever closer to the proposed introduction date of the Federal Government’s changes to the superannuation system, it’s important to highlight that the Government has other options at its disposal, rather than going ahead with measures that significantly...
Apr 1, 2023
The recent decision by the Albanese Government to double the concessional tax rate on superannuation balances of more than $3 million has highlighted an underlying issue with superannuation more generally – the disconnect between Australians and the money in their...
