ATO announced that SMSFs that provide "present day' real property benefits will render an SMSF non-compliant
Tax planning is one consideration among many for investors. Here's a comparison of two options.
Here's a quick snapshot of the proposed superannuation changes.
The abolition of the contribution work test for those aged 65-75 should not have been traded off as part of the Government's decision to drop the $500K concessional contributions cap writes Mike Taylor.
The Government has scrapped the proposed $500,000 cap on non-concessional contributions, allowing contributions until the $1.6million cap is reached.