Australian employers are required to pay super to their employees when they earn $450 a week or meet specific criteria based on age or industry. Employer requ..
Contributing extra to your superannuation is a good way to boost your retirement funds. One of the ways you can add more to your super is through salary sacri..
The ATO has identified approximately 17,700 SMSFs where investment strategies may not meet the requirements under regulation 4.09 of the Superannuation Indust..
A mandatory component of managing a self-managed super fund (SMSF) is planning out what will happen to the fund if its trustee were to pass away. While succes..
Over the course of your life, the contributions made to your superannuation fund can often end up being your greatest asset. Because of this, selecting a supe..
When a downsizer contribution is ineligible, the fund must re-assess the amount in accordance with the Superannuation Industry (Supervision) Regulations 1994 ..
Illegal early release of super (IER) is one of the risk areas that the ATO has identified as being of most concern and in need of action.
Each year, the ATO a..
Members who receive income from one or more capped defined benefit income streams may have additional tax liabilities. They would then need to calculate their..
A key responsibility for trustees of self-managed super funds (SMSFs) is to ensure proper and accurate tax and superannuation records are kept for the fund. W..
The 2019-2020 Federal Budget suggested a deferral of the extension of SuperStream to self-managed superannuation fund (SMSF) rollovers from 30 November 2019 t..