Super fund members are regularly encouraged to consolidate their super accounts into one account to reduce paperwork and avoid paying multiple administrative fees and charges for accounts they don’t need.
As a Self-managed Super Fund (SMSF) trustee you might, at some stage, want to invest in property as part of your fund’s investment strategy.
Before you do, you should fully consider the risks associated with property investment. Holding a “real property investment” can affect other aspects of your fund, such as benefit payments, and any investment must comply with superannuation laws.
Here are 6 issues to consider before your SMSF makes a property investment:
In this month’s newsletter we share the first in a series of highlights from our team’s attendance at Xerocon2018. Always an exciting conference for industry innovation, this year gave us some particularly thought-provoking takeaways. We also discuss an interesting strategy for business owners who have an SMSF. And we dig into how one organisation is adapting to the NDIS.
If you are a business owner with a self-managed super fund (SMSF) there are plenty of reasons why you might consider transferring your business property into your SMSF.
In this newsletter we want to make sure employers are ready for Single Touch Payroll (STP) and that small businesses are ready for EOFY. We discuss some great tax planning opportunities for primary producers and outline developments in personal superannuation. Plus, check out what #teamsynectic have been up to lately.
Let’s talk about superannuation – it’s one of our favourite topics!
Okay, you might not get as excited about superannuation as we do. But there are a number of recent changes to the tax treatment of super that we think you should be aware of.
To help you get the most out of your retirement savings and avoid any unexpected pitfalls, we’ve outlined some of the major developments here.
There has been much discussion about the dividend imputation system in recent weeks as the government and the opposition play political tennis with franking credits.
On 13th March, Opposition Leader Bill Shorten announced Labor’s plan to change the dividend imputation system if they win the next federal election. The changes would make franking credits non-refundable and, Labor claims, save the budget $59 billion over the decade to 2028-29.
