Self Managed Super Fund
Super Fund Tax Increase on Balances Above $3 Million
The Federal Government has declared its plan to raise the tax rate on super funds for balances over $3 million from 15% to 30%. As the change won’t take effect until July 1, 2025, there is now no need to do anything. Prime Minister Anthony Albanese has confirmed the proposed tax rise, which is scheduled […]
2022 SMSF YEAR END TAX TIPS + REMINDERS
The tax and superannuation laws are always changing, and we are here to help you stay informed. As a Trustee / Director of a Trustee Company for your Self Managed Superannuation Fund (SMSF), you need to be aware of key changes each year and opportunities and risk areas. Some of these reminders will help to […]
Liberal Party’s Super Home Buyer Scheme vs Labour Housing Policy for the Young
Liberal Party announces new Super Home Buyer Scheme to help first-time home buyers unlock their super to get into the property market more quickly. On the other hand, Labor’s Help to Buy housing policy will assist those people on a lower income who are not able to buy a house.
Superannuation Death Benefits – Who Gets Your Super?
Who decides what happens to your superannuation savings when you die? You might believe that you do, however that isn't generally the situation. A definitive choice might be made by somebody you don't know - the legal administrator or trustee of your superannuation fund. Here’s what you need to know in making a valid binding death benefit nomination.
Gain an additional $4000 return in TAX or receive a FREE IPAD
With EOF Year upon us, what sort of emotion does this spark in you?Feeling that slight jitter in the stomach. Touch of anxiety. Restlessness.Do you put it off to the last minute, then spend a few days cramming to get it done?No one likes Tax. We then head in, speak to an Accountant , push out […]
The Secret Truth On How The Top 1% Achieve Their Goals
Today I felt inspired to write a small passage based on a vibrant consultation I held with one of my inner circle clients. My client Greg was having some real difficulties around goal setting. This is normally the first exercise I perform with my one-on-one clients to assist them in achieving financial independance.I asked […]
5 Warning Signs That You Have Slipped From The Path To Wealth
Let me share a story with you… It was a little over 12 years ago when my whole life flashed right in front of me. My family was in a state of collapse. I was working over 12 hours a day and was completely run-down. My back was against the wall and I was completely […]
Secrets To Why The Rich Get Richer
95% of Australia’s population at age 65 is either dead, dead broke or on the pension. This is not discriminatory. This includes Tradies, Engineers, IT Consultants, Doctors, Lawyers, School teachers, Secretaries, Accountants and so on. How can this be possible? The Australian Government pumps Billions of dollars in education from school days to retirement and […]
Turn $1 into $1 million dollars in five years
Today I am going share my biggest Secret towards creating wealth. It is Leverage! Leverege for me is turning $1 into $1 million dollars in five years! There is three main vehicles you can use to create leverage: Real Estate Equities Businesses For my own personal story, I started in Real Estate as it was […]