by Kate Dennis | Mar 13, 2026 | Self-Managed Superannuation
On 11 March 2026, the proposed Division 296 superannuation tax legislation passed both houses of Parliament without further amendments. The measure is now scheduled to commence from 1 July 2026, which means SMSF trustees and members should begin approaching the rules...
by James Carey | Aug 29, 2023 | Individual Tax, Self-Managed Superannuation, Tax
Division 293 Tax: What You Need to Know Here’s a summary of what you need to know about Division 293 Tax: What is Division 293 Tax? How will you know if you owe the tax? How is Division 293 Tax calculated? Special cases & considerations Releasing...
by James Carey | Jan 23, 2018 | Self-Managed Superannuation
If you’re planning on downsizing, or are at the opposite end of the spectrum and saving for your first home, you may be able to take advantage of the super concessions introduced as part of the housing initiatives in the 2017 Federal Budget. For downsizers,...
by James Carey | Jan 18, 2018 | Business Services & Advice, Self-Managed Superannuation
Recent changes to State laws may trigger a surprise tax bill for family trusts (discretionary trusts). The problem for family trusts stems from recent legislative changes in New South Wales (NSW), Victoria (VIC) and Queensland (QLD) that impose a surcharge on...
by James Carey | Nov 2, 2017 | Self-Managed Superannuation
For many salary and wage earners, the super guarantee that is deducted from each pay is something most of us don’t notice. Some people choose to contribute extra funds to super to further build retirement savings. Concessional super contributions are taxed at 15%* as...
