Recently the Government announced several changes to the superannuation proposals made in the 2016 Federal Budget. The following is a summary of the latest proposals. Opinions positive or negative, will be varied depending on individual circumstances! Good news for the majority (no more $500k lifetime cap on non-concessional contributions) It is proposed that NCC will...Read More

On 27th September Treasury released draft legislation to implement a number of superannuation reform measures announced in the 2016 Federal Budget. From 1 July 2017 a transfer balance cap of $1.6 million limit will be introduced, limiting the tax exempt income that can be claimed by the trustees of a SMSF to a maximum of...Read More