Registering an SMSF for an ABN Gavin: The ATO has provided the following advice regarding registering a SMSF for an ABN. The guidance is probably most relevant where a person aged over 65, who is not working, wishes to set up a new SMSF and roll over into that SMSF an amount from another fund. If […]
Superannuation Co Contributions
Superannuation Co Contributions In recent years, the government has been decreasing the superannuation co contributions for low income earners. Based on the individuals taxable income, each financial year, the co contribution that the government will contribute to a complying superannuaiton fund will decrease. There is a maximum of $500 per financial year. Interested in […]