Superannuation

September 30, 2016

The next due date for quarterly SGC super contributions is 28 October 2016 and you need to be SuperStream ready to make this contribution. What Are The New Requirements? Under the new SuperStream system, the contribution information and the payment must...

July 22, 2016

The main superannuation policy changes proposed by the Coalition going into the recent election are summarised below. The most controversial of these changes is the introduction of a lifetime non-concessional contributions cap of $500,000 that includes any non-concessional contributions made...

June 23, 2016

A reduction in concessional contribution caps, the lowering of the Division 293 tax threshold, capping tax-free assets in retirement and a lifetime limit for non-concessional contributions are just some of the changes that were in the Budget announcements this...

February 9, 2016

A recent Queensland Supreme Court case highlights the importance of ensuring that your binding death benefit nomination (BDBN) complies with the requirements of the trust deed for your self managed superannuation fund (SMSF). In Munro v Munro the Court held...