SMSF and Estate Planning

SMSF and Estate Planning

A self managed super fund is an excellent tool for estate planning when things are done correctly. When things are not done correctly or poor documentation is in place this can go unnecessarily wrong with potentially drastic consequences. Our firm was involved in...
SMSF and Estate Planning

ATO Superstream Standards for Contributions

Under this standard employers with 20 or more employees must make super contributions electronically with all contribution data also sent electronically from 1 July 2014.  Likewise all super funds must receive contributions electronically as well – including self...
SMSF and Estate Planning

LBW Superannuation Seminar

LBW is holding their annual superannuation seminar for their self managed super fund clients on Thursday 7 November 2013 at Truffleduck, Balmoral in Fyansford (5.45pm start). There will be 3 presenters on the night, Cathryn Walley from compliance and administration...
SMSF and Estate Planning

2013-14 Concessional Contributions

A Time for Review The Concessional (before tax) contributions caps have been changed for the 2013/14 financial year, now is the time to review your salary package. There are two main types of contributions – concessional before tax and non-concessional after tax...
SMSF and Estate Planning

Personal Property Security Act

Is your property as protected as you think it is? On the 27th of June 2013 the New South Wales Supreme Court handed down the first significant decision concerning priorities between security interests under the Personal Property Securities Act 2009 (PPSA) The main...
SMSF and Estate Planning

SMSF Compliance in Focus

Are you getting the right professional advice for your Self Managed Super Fund (SMSF)? The ATO recently announced increasing their audit activity, checking 15,100 self managed super funds for correct regulatory obligations in 2013-14. Getting the correct professional...