Scott Morrison focused on creating jobs, tax relief and hospital funding this year. Here are some of the pleasant and unpleasant Budget measures included in the Federal Budget 2018: WINNERS First, many will rejoice that over 10 million low and middle income earners will get a tax break of up to $530 a year or …
Federal Budget 2018: Find out how it can affect you Read More »
Are you looking for more information on how to calculate capital gains tax? Here’s a quick guide to help you through the procedure. What is the Capital Gains Tax (CGT)? CGT or Capital Gains Tax is the tax charged on a capital gain that you make from selling a capital asset such as real estate …
What is Capital Gains Tax and how do I calculate it? Read More »
The superannuation legislation tells a trustee to whom a death benefit may be paid. Taxation legislation tells the trustee how that benefit is to be taxed. The first article in this series considered who may receive superannuation death benefits. This article, the second of two parts, looks at the taxation implications. Differing taxation implications apply to individuals …
Individual legal review and sign off is the process of a lawyer examining the current Trust Deed of your Superannuation Fund and confirming documentation prepared to update the Trust Deed has been prepared correctly. Updating an existing SMSF to a new deed is more than simply noting the variation clause. There may be additional parties …
Individual legal review on your SMSF deed updates Read More »
