2022 Superannuation Fund Update

2022 Superannuation Fund Update

by | Apr 7, 2022 | News, SMSF

Changes to Super Guarantee As of 1st July 2022, the Super Guarantee increases from 10% to 10.5%. This rate is set up increase by 0.5% each July until it reaches 12% in 2025. Furthermore to this, it has now been legislated for the removal of the $450 per month...
Cryptocurrency

Cryptocurrency

by | Dec 15, 2021 | Business, News, SMSF, Tax Tips

Record Keeping for Cryptocurrency You need to keep the following records in relation to your cryptocurrency transactions including: the date of the transactions, the value of the cryptocurrency in Australian dollars at the time of the transaction (which can be taken...
Budget Superannuation measures announced

Budget Superannuation measures announced

by | May 18, 2021 | News, SMSF

The major Superannuation related measures announced in the Budget, includes the following:- Superannuation contributions work test to be repealed from 1 July 2022 As a result, individuals under age 75 will be allowed to make or receive non-concessional (that is...