12
Jun
2019
A comfortable retirement home, funds to fuel your wanderlust and sufficient cash reserve to take on any unplanned or unanticipated expenditure would be the dream retirement. Wouldn’t it?
Now, there’s no denying the fact that Aussies love trave...
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23
Apr
2018
The Self Managed Super Fund can be a profitable option for investment exclusively for your retirement benefits. However, an SMSF operates well within the regulations of other super funds, where the trustees have the flexibility and transparency to choose ...
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09
Apr
2018
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...
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16
Jan
2018
Have your ever felt burdened by SMSF? Not every time! However, during the time of the year when your fund has to undergo an annual compliance and financial audit, the fees can be overwhelming and seem to pole-vault up your head! One of the biggest duties ...
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28
Dec
2017
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...
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19
Dec
2017
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 ac...
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04
Dec
2017
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 ...
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26
Oct
2017
What do you think of the new fee disclosure rules in AISC’s new regulation Guide 97 (RG97)? Well Matt Linden from ISA feels these new fee disclosure rules will “negatively impact both, member returns and the capacity of Australian super funds ...
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20
Oct
2017
Velan Super delivers top-notch and reliable SMSF accounting services to accounting firms and chartered accountants, all over Australia. We combine trusted expertise and quick TAT to deliver stellar results time and again. Read on to discover our SMSF...
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28
Sep
2017
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 b...
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12
Apr
2017
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 ...
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06
Apr
2017
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 Con...
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28
Mar
2017
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 ...
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02
Mar
2017
We have already discussed on the pros and cons of people setting up their own SMSF. If you have convinced yourself to set up your SMSF on your own, worry not help is at hand. Read on to know the easy 5 steps to setup your own SMSF.
Amass your TEAM:
Unle...
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02
Mar
2017
Are you this person, who is not satisfied with the way your super funds are being managed? We hope you know that your control is not impaired and you can still take up matters in your own hands. Just so you know majority of the Australians hire superannua...
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20
Feb
2017
One of the main responsibilities you have to fulfill as an SMSF trustee is to make sure that you audit your funds and accounts every year as required by the ATO and the Australian government. We hope you are aware that it will incur huge penalties if you ...
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