Substantiation donations Substantiation donations People donating up to $10 for ‘bucket appeals’ and other disaster relief funds this financial year will be able to claim a tax deduction without a receipt. Interested in joining our team? Why not apply today? About Our Traineeships:- Join the Market Leader in 2016 – Accounting Traineeships Looking to study […]
Typical ‘Self Managed Superfund’ Profile
Typical ‘Self Managed Superfund’ Profile Typical self managed superfund profile The latest ATO statistics on SMSFs highlight some interesting observations that can be made about the current batch of SMSF trustees. The total amount of wealth owned via SMSFs is over $500 billion, just under a third (31.2%) of all money invested via superannuation funds. […]
Some SMSF statistics
Some SMSF statistics Some SMSF statistics as at 30 September 2013, there were over 516,000 SMSFs holding around $531 billion in assets. Although SMSFs are nearing one million SMSF members (980,000), or 8% of the 11.6 million members of Australian super funds, they account for 31% of the $1.6 trillion total super assets as at 30 […]
