Class software for SMSF administration and online client access
The SMSF Accountant uses specialised software to assist with SMSF administration and accounting. This software is called "Class". Class software means that ...
Reduction in minimum payments for account based pensions
The government has extended the reduction in the minimum payment for pensions from superannuation accounts by 25% for 2012-13. Pension ...
Low income superannuation contributions (LISC)
From 1 July 2012, individuals earning up to $37,000 will effectively not pay any tax on their …
Collectables and personal use assets
As previously reported - on 1 July 2011, rules were introduced into the Superannuation Industry (Supervision) Act 1993 (SIS Act) ...
Minimum Pension Drawdown
In the 2011 Federal Budget, the Government announced a reduction in the minimum annual pension drawdown amounts by 25% for ...
New Standards for SMSFs investing in collectables and personal use assets
In the Stronger Super package of proposed changes and also announced in the 2011 Federal Budget was the Government's intent ...
