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Tag: Non-concessional contributions

Inside Labor’s super wealth tax plans

PORTFOLIO POINT: Labor is planning a major tax slug for super members who are a little above average. If you’ve got $1 million in super, you must read this. I accept that I can be a bit of a cynical bugger. It becomes ingrained with a few decades of journalism under one’s belt. So I […]

Don’t make the ultimate super sacrifice

PORTFOLIO POINT: Why you can’t leave planning your salary sacrifice to the last minute. Plus “Election 2013” – the super political promises have started. Concessional contributions are a fairly simple concept. There’s a limit you generally don’t want to go over. For the moment, that’s $25,000 for everyone who’s able to make contributions. (Let’s see […]

Seven super tips for 2013

PORTFOLIO POINT: Take a moment to be thankful for returns in calendar 2012. Now, focus on what you need to do in 2013. In recent years, it’s been rare that SMSF trustees have had so much to be pleased with when it comes to performance. And returns in 2012 were something to put a smile […]

Tapping into super wraps

PORTFOLIO POINT: Considering a SMSF? Would you like to “try before you buy”? Consider a “wrap” test drive. There was a big hoo-ha in superannuation industry circles last week about accountants’ role in the setting up of self-managed super funds. The facts show that accountants often have an instrumental role in setting up the SMSFs. […]

Living today, paying tomorrow: A super dilemma

PORTFOLIO POINT: Have Australians “outsmarted” superannuation? Here’s a compelling argument for compulsory annuities. What happens when the best of intentions from our elected representatives is beaten by the people’s own mathematical ingenuity? What if someone forces you to save money against your will, but given the knowledge that those savings will eventually become yours, you […]

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 ways. There is a bit of a buzz in the upper echelons of the world of SMSF professionals in regards to some recent utterings from […]

Don’t make a super stuff-up

PORTFOLIO POINT: Time to check your salary sacrifice contributions – before you bust out of your limits. The vast majority of Australians don’t think too hard about their super contributions. They show up for work, they get paid, and an extra 9% gets sloshed into their super funds. But for anyone who does actively manage […]

Four joint-venture options for your DIY fund

PORTFOLIO POINT: One joint-venture property opportunity, four distinct funding options. If you’ve considered JV property investments in your SMSF, you must read this. Purchasing property inside SMSFs is on the rise. You’ve only got to listen to real estate agents openly talking about how many trustees are signing on the dotted line. There can be […]

An in-specie transfer

PORTFOLIO POINT: Reprieve on in-specie transfers! The legislation is too hard to frame, so you’ve got another year. As predicted here (28/9/12) just a few weeks ago, the ban on SMSFs making in-specie transfers has been put off by a year. SMSFs will be able to make in-specie transfers of shares (and other assets) into […]

Transition to more super

PORTFOLIO POINT: Ramping up your non-concessional contributions before starting the pension can aid transition-to-retirement plans. There’s little doubt that transition to retirement strategies have been, well, neutered, to a large extent, in recent years. If you were aged 55-59 and all of your super was taxable component (that is, predominantly concessional contributions), then the major […]