“With the constantly changing tax and superannuation laws it is difficult to understand what you need to do to maximise your investments and minimise your tax through your superannuation fund.
We can help you manage your superannuation to maximise your income for retirement and ensure that your superannuation is working for you, not against you”.
WHY USE A SMSF?
SMSF Setup & Administration
Ongoing administration and advice on investment portfolios, contribution allocations and money movements.
Superannuation Reform Hub
The Budget super changes that take effect on 1 July 2017 represent the greatest changes to the superannuation system in over a decade impacting the advice strategies of our clients.
The Super Reform Hub is your one-stop shop to locating tools and updates from one easy to access place. You’ll find information to help you understand client impacts, prioritise what action you must take and locate the latest technical and client engagement tools, training, product information and essential information about writing advice.
Transfer Balance Cap
Broadly, the transfer balance cap operates by measuring the value of a client’s existing income streams at 30 June 2017 as well as any new income streams commenced on or after 1 July 2017, against their transfer balance cap.
Transition to Retirement Pensions
However, the good news is that there are a number of situations where TTR remains an effective strategy.
Non-Concessional Contributions Cap Changes
There are a range of strategies you can consider to boost your super savings.
Ceasing Gainful Employment and Understanding Pension Supplements
The case study involves an employee, Charlie, who claims to have ceased a gainful employment arrangement with a family trust, Crackle. Charlie, subsequently accesses his superannuation under the retirement condition of release.
Wealth Definition Pty Limited ABN 32 601 236 104 is an Authorised Representative of Count Financial Ltd ABN 19 001 974 625 AFSL No. 227232 which is 85% owned by CountPlus Limited ABN 111 26 990 832 (CountPlus) of Level 17, 1 Margaret Street, Sydney 2000 NSW and 15% owned by Count Member Firm Pty Ltd ACN 633 983 490 of Level 17, 1 Margaret Street, Sydney 2000 NSW. CountPlus is listed on the Australian Stock Exchange. Count Member Firm Pty Ltd is owned by Count Member Firm DT Pty Ltd ACN 633 956 073 which holds the assets under a discretionary trust for certain beneficiaries including potentially some corporate authorised representatives of Count Financial Ltd. The information on this web page is not advice and is intended to provide general information only. It does not take into account your individual needs, objectives or personal circumstances.
General advice warning: The advice provided is general advice only as, in preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product.
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This year’s Budget is rather unique as it occurred just before a federal election. While there are many parts of this years' Budget that apply to future years, we have summarised below the key changes you need to know about for the next 12 months. There are 3 key...read more