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Financial Planning

ATO encourages trustees to use voluntary disclosure service

9 September 2024 by D3s1gnBuG@GCR2020

The ATO is encouraging SMSF trustees to use its voluntary disclosure service to inform it early if a contravention has occurred.

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Treasurer unveils design details for payday super

1 October 20246 September 2024 by D3s1gnBuG@GCR2020

 

The government has released further details about the design of its payday super policy including an updated super guarantee charge framework. 

 

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Government releases details on luxury car tax changes

1 October 20245 September 2024 by D3s1gnBuG@GCR2020

 

The draft legislation aims to modernise the luxury car tax by tightening the definition of a fuel-efficient vehicle and adjusting the indexation rate.

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Most Gold Medals in Summer Olympic Games (1896-2024)

28 August 2024 by D3s1gnBuG@GCR2020

Check out which country has won the most Gold Medals in Summer Olympic Games (1896-2024)

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Capacity doubts now more common

25 August 2024 by D3s1gnBuG@GCR2020

The partner of a legal firm specialising in superannuation has revealed the concept of SMSF member mental capacity is becoming more prevalent in estate planning challenges, prompting the need for practitioners to amend their procedures regarding all fund actions.

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It’s never too early to start talking about aged care with clients

22 August 2024 by D3s1gnBuG@GCR2020

Financial planning professionals should be having conversations with their clients as soon as possible about their aged care needs, says a specialist adviser.

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Warning to micro businesses. ‘Higher taxes for thousands of businesses’.

3 September 202421 August 2024 by D3s1gnBuG@GCR2020

 

The ATO’s draft guidance on personal service income and the general anti-avoidance provisions is likely to be a shock to many small and microbusinesses in Australia.

 

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Insurance inside super has tax advantages

20 August 2024 by D3s1gnBuG@GCR2020

One of the most significant advantages of holding insurance policies inside superannuation is the tax deduction for life and disability premiums that go towards paying out a disability superannuation benefit, according to a leading technical specialist.

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COVID early super release did little for financial, emotional wellbeing.

3 September 202420 August 2024 by D3s1gnBuG@GCR2020

 

The Early Release of Super scheme implemented during the COVID-19 pandemic had little impact on financial resilience or wellbeing, new research has shown.

 

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What super fund members should know when comparing returns

18 August 2024 by D3s1gnBuG@GCR2020

Why you need to compare apples with apples on super fund performances and fees.

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