LifePath superannuation strategies for EOFY

Smart super strategies for this EOFY

Want to help boost your retirement savings while potentially saving on tax? Here are five smart superannuation strategies to consider before the end of the financial year. 1. Add to your super – and claim a tax deduction If you contribute…
Superannuation changes and what you need to know

Five super changes and what you need to know about them

In the 2016 Federal Budget, the government proposed a wide range of reforms to Australia’s superannuation system. In fact, these are the most significant changes to super of the last 10 years. Although not all the proposals have been legislated,…
Changes to super contributions
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Changes to super contribution rules on July 1, 2017

Savvy investors are rushing to make voluntary contributions to their superannuation before the new rules come into effect on July 1. Voluntary contributions to some advised funds have risen sharply in November 2016, up 25 per cent on contributions…

Changes to allowable superannuation contributions

Non-concessional contributions cap – $500,000 lifetime cap replaced by new annual cap The Government has announced that the 2016-17 Federal Budget proposal to introduce a lifetime non-concessional cap of $500,000 will not go ahead. In its…

How much tax will your children pay when they inherit your superannuation?

It is well known that superannuation withdrawals are tax free once you reach 60 years of age. What is not well known by retirees, is how your superannuation is taxed when it reaches your end beneficiaries. You may notice on your annual superannuation…