Super choice rules change from 1 November
Employers may have an extra ‘stapled super fund’ step to take with new employees who start from 1 November 2021 that don’t choose a super fund.
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FY21 SMSF benchmark report
SMSFs have weathered major impacts from the ongoing COVID-19 pandemic, with fund establishments growing and average net assets increasing, a new report has found.
11 key tax facts about superannuation
Compared to other investment structures, super is widely considered to be one of the most tax-effective investment structures available from a wealth accumulation and cash flow generation perspective.
3 Changes to superannuation
Bills containing important superannuation measures which may impact you have passed both Houses of Parliament. These measures have now also received Royal Assent, which is the final step required for a parliamentary bill to become law.
Superannuation Tax Deduction Opportunities
When you retire, your superannuation is likely to become an important source of your income. That’s why it’s a good idea to top it up while you are working.
2021 Federal Budget — what it means for taxpayers
To help create jobs and confidence after COVID-19 created the first recession since 1990, the Federal Government has just released a big-spending 2021-22 Federal Budget.
Budget update 2021/22
The Budget proposes positive changes to superannuation, an extension of the low and middle-income tax offsets and a boost to aged care services. We summarise some of the key points from the Budget but, remember, these are subject to the passing of legislation.
Changes to SMSF rollovers and release authorities
From 1 October 2021, self-managed super funds (SMSFs) will need to use SuperStream to roll over super to or from their funds. These changes are due to government measures announced in 2019.