In 2020, more than ever before, and particularly in light of COVID-19 Government relief measures in superannuation, we recommend you review your financial situation, goals and strategies – including your super contributions – and make any necessary adjustments before June 30. In this article, we outline the Government’s COVID-19 superannuation relief measures. We also include a…
In this series of three articles, we explore key issues that business owners in mining and resources need to consider when they want out, and importantly, why they’ll need a professional advice team to handle what are typically highly complex and diverse issues across legal, tax, accounting and personal financial planning priorities.
As a small business owner it’s likely you have been investing in your business at the expense of making personal superannuation contributions. But the good news is, the small business CGT concessions may provide opportunity for you to reduce Capital Gains Tax AND catch up on your superannuation contributions. What are the small business CGT concessions?…
When purchasing property in SMSF, knowing which property to avoid is just as important as knowing which to target. If you are considering buying property for your SMSF, my advice is to exercise extreme caution. Before going ahead, make sure you fully understand your strategy and have thoroughly investigated the property in question. The number…
