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East Maitland Accountants & Financial Advisors, Newcastle Accountants & Financial Advisors

Super fund collectables

Super fund collectables The ATO is asking practitioners to review whether they have SMSF clients who hold investments in collectables or personal-use assets that were acquired before 1 July 2011. If so, they only have until 1 July 2016 to comply with the Superannuation Industry (Supervision) Regulations 1994 (SIS Regulations). From 1 July 2011, investments […]

Choosing a Superfund

Choosing a Superfund All employees are entitled to super contributions made by your employer. The amount of hours you work per work should not be a concern, it is the amount earned that affects your eligiblity for payments. The payment made will be at least 9.5% of your income providing you are older than 18 […]