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 […]
Rise in the preservation age
Rise in the preservation age Before an SMSF starts paying a transition to retirement income stream (TRIS) to a member, the member must have reached their preservation age. From 1 July 2015, the legislated rise in the preservation age, which is now based on date of birth, comes into effect. It applies to anyone born […]
Mixing Property and Your Self-Managed Super
SMSF Property Rules You can only buy property through your SMSF if you comply with the rules. The property: Must meet the ‘sole purpose test’ of solely providing retirement benefits to fund members Must not be acquired from a related party of a member Must not be lived in by a fund member or any […]
Benefits of LinkedIn Account for your Business
Benefits of LinkedIn Account for your Business LinkedIn is a social networking site designed specifically for the business community. The goal of the site is to allow registered members to establish and document networks of people they know and trust professionally. A LinkedIn member’s profile page, which emphasizes employment history and education, has professional network […]
Melesande Carrington at Bottrell Business Consultants
Melesande Carrington at Bottrell Business Consultants Melesande Carrington at Bottrell Business Consultants- Why I enjoy working at Bottrell Business Consultants is the team environment is so positive and motivational, it inspires me to give my best effort for the team every day. Bottrell is very welcoming to all new staff members and ensures that everyone […]
Super update from the ATO
Super update from the ATO 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 […]
How to deal with an annoying co-worker
How to deal with an annoying co-worker In every workplace there are always staff members that you won’t get along with but how do you deal with them? Maintain a positive attitude Be nice to them Find a common interest · Ignore their flaws Interested in joining our team? Why not apply today? About Our […]