(03) 9020 2905PORTFOLIO POINT: New, and broader, penalties for naughty SMSF trustees arrive on July 1. Why is this a good thing Who’s been a naughty boy then? The arsenal available to … Read More ATO upgrades its DIY super weaponry
Tag Archives: ATO
Drilling down into DIY super
PORTFOLIO POINT: How do you compare? The latest stats show some surprising trends in the SMSF sector. For years we moaned about the quality of up-to-date statistics on self-managed super … Read More Drilling down into DIY super
A super change to avoid death and taxes
PORTFOLIO POINT: A death-tax removed! A major tax win for super pensions was a pleasant surprise in the recent mini-budget. How often would a government tell the Tax Office to … Read More A super change to avoid death and taxes
Is this the ultimate super loan?
PORTFOLIO POINT: What!? A no-interest loan to your SMSF? Maybe, but don’t rush in just yet. For now, just watch this space. Sometimes regulators work in mysterious ways. Very mysterious … Read More Is this the ultimate super loan?
Superannuation statements will soon start arriving in letterboxes. What things should you look for in them?
As inscribed on the cover of The Hitchhiker’s Guide to the Galaxy, “DON’T PANIC!” I know superannuation seems a bit scary, perhaps pointless. But it’s compulsory and you’ll notice it’s … Read More Superannuation statements will soon start arriving in letterboxes. What things should you look for in them?
What are the key mistakes people should avoid when sorting out their tax return?
What’s not to love about tax time? The ATO wants to hand back some of the money it took from you! Billions of dollars raining from the sky. Okay, your … Read More What are the key mistakes people should avoid when sorting out their tax return?
Time can add up when you do things efficiently
There are two opposing views on how to get things done efficiently – the Walter Chrysler way and the Lucille Ball way. Ball: “If you want something done, ask a … Read More Time can add up when you do things efficiently
Clear skies for geared property
PORTFOLIO POINT: SMSF property borrowing gets more appealing, thanks to the ATO’s response to trustee’s queries. It would appear there have been more questions than at a post-grand final press … Read More Clear skies for geared property
Managing contributions
PORTFOLIO POINT: Here’s another major benefit of SMSFs – managing contributions over two years. The power of super as a retirement vehicle has plenty of boundaries. There are plenty of … Read More Managing contributions
Super’s safe house
PORTFOLIO POINT: Should you sell your properties to get money into your SMSF? There’s plenty to weigh up. Here are the main points (Part I) A recent survey suggested that … Read More Super’s safe house