Aug 20, 2020 / News

COVID-19 Concessions

The following has been taken from the SMSF Frequently Asked Questions page of the ATO website, and may be useful to clients whose SMSFs have been affected by COVID-19. Read more

Superannuation

Aug 20, 2020 / News

Delayed Start to Super Changes

Due to a backlog of legislation and the effects of COVID-19, the Federal Government has announced delayed starting dates for a number of super changes. Read more

Superannuation

Aug 20, 2020 / News

Changes to Testamentary Trusts may Affect Super Arrangements

A recent change to the taxation of trust income distributed to minors (people under 18) means that some clients may need to review their estate planning arrangements in relation to superannuation and life insurance benefits. Read more

Superannuation

Aug 18, 2020 / News

JobKeeper changes – you must do some things by this Friday!

The JobKeeper Rules were amended last Friday (which the Treasurer has the power to do). These changes affect only the existing JobKeeper program, which runs until 27 September. The extension after that, with tightened eligibility, has not yet been legislated. Read more

Business Consulting / Taxation

Aug 10, 2020 / News

Market Update Winter 2020

Following the surprise market recovery experienced in April and May, we have seen many indexes continue their early stages of bouncing back. Read more

Financial Planning

Aug 10, 2020 / News

Do falling markets signal a good time to open an SMSF?

Historically, self-managed super funds (SMSFs) have been seen as a direct way to take control of your retirement savings. By taking charge of your investment selection and asset allocation, there may be the perception that you could outperform your retail or other super fund by taking control over your choice of investments. Read more

Financial Planning

Aug 10, 2020 / News

Changes to minimum pension payments

As part of the Government’s commitment to Australians during COVID-19 crisis, it recently announced changes to the minimum pension payments for retirees. Read more

Financial Planning

Aug 10, 2020 / News

Super Guarantee Amnesty– The clock is ticking

The Federal Governments Superannuation Guarantee Amnesty was given royal assent on 6 March 2020 with a six-month timeframe. Hence, the Amnesty window is due to close on 7 September 2020 - it is just around the corner! Read more

Business Consulting / Superannuation

Aug 07, 2020 / News

JobKeeper 2.1 revamped

The economic impact from the situation in Victoria has prompted the government to revise the second phase of the JobKeeper program announced a couple of weeks ago. The revamp is estimated to add a further $15 billion to the cost of the program. Read more

Business Consulting / COVID-19

Aug 06, 2020 / News

Wine Industry Update

With the current changing business environment businesses are being forced to make decisions that change the way they operate. If you're in the wine industry, don't let these decisions risk your producer rebate entitlement. This short webinar reviews the eligibility criteria and highlights risks areas. Read more