Superannuation

The superannuation work test serves as a pivotal requirement for individuals navigating the landscape of voluntary contributions to their superannuation fund, especially as they approach and surpass the age of 67. But what exactly does this test entail, and why is it so crucial?

Australia's real estate market has long been considered a safe and lucrative investment avenue. With a stable economy and a consistently growing property market, it's no wonder that many Australians view property as a key component of their investment portfolio. One pain point we often hear from clients is the fact that their superannuation fund doesn’t directly invest into property. In this article we are going to explore the only legal way to borrow and acquire property in super which is via a self-managed superannuation fund (SMSF).

When it comes to making contributions to your Superannuation, many people get lost in the many rules and stipulations that come with the territory. Although it can be quite confusing, making contributions and growing your super is a wonderful way to save for retirement. From business owners and doctors to mining workers and even engineers, […]

What You Don’t Know Can Hurt You! As you probably know, superannuation is highly legislated and one of the most strictly monitored responsibilities of the Australian Taxation Office. Although the regulations surrounding super obligations may seem over the top, there is a reason those rules and boundaries are put into place. Superannuation is “money put […]

On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5% to 10% – the first rise since 2014. It will then steadily increase each year until it reaches 12% on 1 July 2025. The 0.5% increase does not mean that everyone gets an automatic pay increase, this will depend on your employment […]

Have you missed paying any of your employees super over the past few years and haven’t got around to paying it back yet? We understand old liabilities can be overlooked and if you’ve been meaning to fix it up, now is the perfect time to do so with the ATO’s Super Guarantee Amnesty. What the […]

What is a Self Managed Super Fund? A Self Managed Super Fund (SMSF) can be used as a great tool to provide for your retirement.  A SMSF has the same role as any other industry or retail super fund; the difference is that the members of an SMSF are also the trustees. This means that […]