Not only has OBT’s new SMSF Administrator, Kathryn, returned to the Lockyer Valley, but she has also decided to continue with her chosen profession in superannuation admin.
7 Tax and Super changes you need to know about It’s now one week after the Budget was released and, in hindsight, there were very few changes that affect most Australians. Apart from the promised phased personal income tax cuts and the “overhaul” of the… Read More >>
How will the First Home Super Saver Scheme work for SMSFs? For those interested in purchasing their first home, the First Home Super Saver (‘FHSS’) Scheme may be an option worth exploring. There are four broad steps that need to be taken if a member… Read More >>
Finalised ATO position on SMSF event-based reporting for the transfer balance cap Following extensive consultation with the super industry, from 1 July 2018: SMSFs with members with a total super balance of less than $1 million will report events that impact their members’ transfer balances… Read More >>
Would you like to learn the secrets to tax planning? Click here to have a brief look at how you can reduce your tax or read on. Let’s assume that you run a business in a company and you’ve made $100,000 profit and you’re going… Read More >>
There are 5 key things all taxpayers must consider right now. Some of them are brilliant wealth creation ideas. 30 June will be here before we know it. Let us help you get the most out of the upcoming months. Too often, we end up… Read More >>
SMSFs and Australian financial services licence (AFSL) – what you need to ask your accountant Much has been made of the ‘accountants’ exemption’ throughout 2016, allowing accountants to provide advice about establishing a self-managed super fund (SMSF) which ended on 30 June 2016. From 1 July 2016,… Read More >>