Business consulting
Superannuation Home Downsizer Opportunities
The Downsizer Measure, which started on 1 July 2018, allows older Australians choosing to sell…
Taxation Consulting
Do The Assets In A Self-Managed Superannuation Fund Vest In The Trustee?
With the continued rise of Self-Managed Superannuation Funds (“SMSF”) bankruptcy trustees are frequently considering the…
Taxation Consulting
Valuations in your SMSF
The days of a lax approach to valuations are over. While there is not always the need to employ a qualified independent valuer for each valuation, there are important circumstances where it is mandated, and others where it is recommended. Where one is not used then appropriate documentation needs to be kept of how valuations were determined. Back of the envelope or simply made-up valuations will not suffice.
Business consulting
Work test over 65
Whether or not the trustee of a complying superannuation fund can accept member contributions for those aged between 65 and 75 depends on the member satisfying the “work test”.
Estate planning
Basics of Downsizing Contributions
The Federal Government recently announced that, as of 1 July 2018, downsizers aged 65 years…