Super Reforms #5: CGT Exemption
The Government has introduced a Capital Gains Tax (CGT) exemption in alignment with the super reforms legislation. The CGT exemption allows Trustees of super funds to capture the tax-free benefits of their assets to enable
Read MoreSuper Reforms #4: Pension Strategy
Minimum requirements for pension compliance may change following the commutation of pensions and the implementation of the $1.6m pension transfer cap. This is relevant for you if you are in, or you are approaching the
Read MoreSuper Reforms #3: Commutation of Pensions
The super reforms include a new $1.6m transfer cap that limits the amount of super assets that can be moved into the pension phase and generate tax-free earnings. Additionally, many of the tax benefits associated
Read MoreSuper Reforms #2: Contributions post 30 June 2017
My first article in this series outlined up-coming changes to super contributions caps. As a member of a super fund or trustee of a self-managed super fund (SMSF), you should consider very carefully how these
Read MoreSuper Reforms #1: Contribution caps pre 30 June 2017
Concessional (pre-tax) and non-concessional (post-tax) super contribution caps reduce considerably from July 1, 2017. Concessional caps drop from the current amount of $30k or $35k p.a. (depending on your age) to $25k p.a. across the
Read MoreNew NSW Land Tax Surcharge: are you affected?
If you are a residential land owner or have landholding in trusts, then this tip is for you. To avoid a new NSW land tax surcharge you may need to consider – before 31 December
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