Latest Articles on Self-Managed Super Fund Service
SMSF Service Insights for Australian Accounting Practices
5 Points to Consider Before Outsourcing SMSF Accounting & Compliance Services
Managing SMSF compliance, accounting, and audits takes a lot of effort and specialized knowledge. This is why many businesses outsource their SMSF auditing, accounting, and taxation work to qualified service providers.There are many frequently updated ATO regulations pertaining to contributions, pen
HOW TO MAKE SMSF WORK FOR YOU
The Self Managed Super Fund can be a profitable option for investment exclusively for your retirement benefits.
ROLES AND RESPONSIBILITIES OF SMSF TRUSTEES - TAKE CONTROL OF YOUR SUPER
In the last couple of years, Australia has been witnessing a sudden surge of self managed super funds and all for the right reasons. The SMSF is designed to provide greater flexibility in your retirement benefits and tax exemptions, hence it is considered to be much better than...
5 ACCOUNTANTS FROM EARLY AUSTRALIA - PART2
This post is a continuation to the previous one, where we opened discussion towards the life, career, and accomplishments of great accountants in the history of Australia. You can read that post by clicking here . In this post, we're about to unravel the lives of the first...
5 ACCOUNTANTS FROM EARLY AUSTRALIA - PART1
This post is dedicated to remembering the pioneers of Accounting in Australia. Stay with us while we pull out the names of 5 accountants from the bygone era! Early accountants in Australia were pivotal in shaping the Australian economy. They used sharp accounting skills in...
5 MAJOR POINTS TO CONSIDER WHEN OUTSOURCING SMSF
If you're a CA or an accounting firm, stuck in a rut with operational overheads and inflating costs, you've got to read this post. You may think we're going to iterate the same old, but answer this: do you want to save money? Or perhaps this would be easier to answer – do...
15 SMSF UPDATES REQUIRED FOR THE 2017 BUDGET
It's been a decade since Simple Super was introduced in 1st July 2007 and since then, we unanimously agree to have never ever seen such significant changes in superannuation!How will this impact you? What are the updates required as per the recent budget changes to...
HOW TO MANAGE YOUR DEBTS EFFECTIVELY BEFORE IT GETS OUT OF HAND
Factually, Australians have debt over $38 billion in the form of credit cards, which makes about $4,900 for every card holder. Additionally, if you own more than one credit card your burden can be multifold. If this is you, you must be saddled with a lot of interest repayments....
SUPER CONTRIBUTIONS AND THE 30% TAX
SUPER CONTRIBUTIONS AND THE 30% TAX Any contributions made to the superannuation with which you claim a tax deduction is again subject to super contributions tax. Contributions in which tax deductions have been claimed are called “Concessional Contribution.”...
ACCESS SUPER BY CONTINUE WORKING AFTER 60 YEARS
If you are an Australian and a senior person, you would definitely want to know the facts about your working status after retirement and after getting an access to your Super. Well, you are not alone. This is a million dollar question and we have brought to you everything you...