by David Buchanan, Director In July 2016, legislation changed the way we as your accountant can advise on superannuation and SMSF. In the past, we could do this under the ‘accountants’ exemption’, but not any more. The new law imposed a range of restrictions on all accountants and to put it plainly, without study and […]

by David Buchanan, Director Major changes to superannuation were legislated in late 2016. They come into effect on 1 July 2017. While the media hype around super may have subsided, the need for action hasn’t. If you have a superannuation fund balance of $1.6M, you wish to salary sacrifice to the maximum cap allowance, or […]

The Government announced on 15 September 2016, amendments to the 2016-17 Budget for the following superannuation measures: 1. The $500,000 lifetime non-concessional cap announced in the budget will be replaced by a new measure to instead reduce the existing non-concessional (after-tax) contributions cap of $180,000 per year down to $100,000 per year. The existing “bring […]