Why am I paying extra tax on my super contributions?
The basic tax rate applied to concessional contributions to superannuation funds is 15%. Concessional contributions include the compulsory superannuation ...
Explaining the proposed new SMSF tax for FY 2025/2026
The government has recently proposed a brand new tax for superannuation funds in Australia with a projected start date ...
Carry-forward concessional contributions – explained
Carry-forward concessional contributions are a great tool to firstly build up your superannuation balance and secondly, to achieve a ...
Bring-forward non-concessional contributions – explained
"Bring-forward non-concessional contributions" refers to a provision in the Australian superannuation system that allows individuals to make larger non-concessional ...
Government support for retirees to manage market volatility in 2020
The Government is helping retirees to manage the impact of volatility in financial markets on their retirement savings by ...
A late SMSF annual return will change the status of your fund
For most self-managed super funds (SMSFs) the due date for the 2018–19 SMSF annual return is Friday 15 May 2020. ...
