by LBWCA | Jan 20, 2017 | Personal Wealth, SMSF
For all those clients who had a strategy of contributing to superannuation the maximum amount allowed and then take a pension out of their super fund, the window of the benefits of this strategy is about to cease from 1 July 2017. From 1 July 2017 the Government has...
by LBWCA | Sep 20, 2016 | Personal Wealth, SMSF
Following from last month’s newsletter article we have obtained further information in relation to aspects of the superannuation changes that will come into effect from 1 July 2017. These clarification points relate to the government’s legislated CGT transition relief...
by LBWCA | Sep 2, 2016 | Personal Wealth, SMSF
Following from last month’s newsletter article we can confirm that both Houses of the Parliament have passed the budget changes and now we are just waiting on Royal Assent (which is just a mere formality) before the legislation will be enacted from 1 July 2017. The...
by LBWCA | Apr 13, 2016 | Personal Wealth, SMSF
As mentioned in the April 2016 newsletter, the Federal Government proposed to make a number of changes to Superannuation in the 2016/17 Budget. After negotiations with Labor, and taking into account the concerns of a number of backbench party members, the Government...
by LBWCA | Feb 20, 2016 | Personal Wealth, SMSF
This is a reminder for everyone to check prior to 30 June 2016: Concessional Contribution – Check that you haven’t breached the $30,000 employer contributions limit (or $35,000 if you are over 50 years) if you have been salary sacrificing into super. If you do...
by LBWCA | Dec 8, 2015 | Personal Wealth, SMSF
For the past 6 years the ATO have been delivering a statistical snapshot of the vast amount of data they collate each year from Self-Managed Superannuation Funds (SMSFs). The most recent of which was based on 2013-14 financial year data and was released in late...
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