Blog

2nd Government Stimulus Package

23 March in SMSF

Income Tax Instalments – all businesses The Australian Tax Office (ATO) will provide administrative relief for certain tax obligations (similar to relief provided following the bushfires) for taxpayers affected by the Coronavirus outbreak, on a case-by-case basis. This includes the ability to defer payment of certain taxes...

COVID19 Workplace Law Guidance

17 March in SMSF

Where can I get information on health and safety in the workplace? • The Australian Government Department of Health • WA State Public Health Unit • Safe Work Australia • WA State workplace health and safety body • Comcare (Commonwealth) – for Australian government employees. When can employers’ direct employees to...

COVID19 Economic Stimulus

17 March in SMSF

To all our valued Clients and Supporters,Following on from our most recent communications to you late last week, we wanted to provide you with further information on the impact of COVID-19 to you, your business and the greater community as we see it.We have taken...

Catch Up Concessional Contribution Cap

17 July in SMSF

There is an exciting opportunity for eligible Australians starting this financial year. It is the ability to bring forward unused concessional contribution caps from prior years if your individual members balance is under $500,000. Whilst the existing concessional cap of $25,000 has not changed, this...

Deductible Contribution Opportunity

23 March in SMSF

If you want to reduce your personal tax this year, you are able to take advantage of changes to the Superannuation contribution rules.In the past, unless you were salary sacrificing, salary and wage earners were not able to contribute to Super to reduce their taxable income. ...

Update – “Downsizing” Contributions

28 February in SMSF

"Downsizing" Contributions Are you over 65 and wish that you had put more money into Superannuation?  Many older Australian's are now realising that topping up Super just before retirement is not as easy as they imagined, or it may now be even impossible for some.From 1...

Salary Sacrificing? Important Message

10 July in SMSF

We would like to remind all clients that from the 1st of July 2017, the concessional contributions cap has been lowered to $25,000 for everyone regardless of age.As this is a significant decrease, it is possible that your current salary sacrifice arrangements with your employer may...