SMSF recent changes

Written by admin Posted in SMSF Guidance

Summary of superannuation changes Recent changes to SMSF legislation: Concessional contributions cap Superannuation guarantee contributions Information on Employee Payslips Low Income Super contributions Changes to Tax Concessions Provided to Very High Income Earners Changes to Excess Contributions Tax Changes to SMSF levy SMSF auditor registration Off – market transfers Market Valuation Investment  Strategy requirements Unclaimed […]

The Government co-contribution

Written by Hein Preller Posted in Contributions

We just added in a new page regarding the Government co-contribution . See this page: http://www.superannuationwarehouse.com.au/information/government-co-contribution/   A little-know secret of Super – you can add your children in as members to a SMSF and let them get the government co-contribution.  

Excess Contributions Question

Written by Hein Preller Posted in Contributions

With excess contributions, the initial rollover doesn’t classify as a contribution does it? So for instance I put in 55k when I rolled over then my wife put in 31k, would it only be the amounts in excess of that we put in each fin year that count towards the excess contributions? Am I right that we […]