Federal Election 2019 - where are we now?
It seems few are more surprised than Scott Morrison that the Liberal / National Coalition will be...
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What’s the point of Transition to Retirement Income Streams post 1 July 2017?
The Government’s 1 July 2017 tax changes caused Transition to Retirement Income Streams (TRIS) to...
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Division 293 tax – when is it paid?
Division 293 tax is the name given to a special extra tax (15%) paid on some or all of the...
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Banning franking credit refunds - is there another way
With the Federal election looming, the Australian Labor Party’s policy to prevent many taxpayers...
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BUDGET: Changes to Exempt Current Pension Income (ECPI)
If the four short paragraphs about ECPI had been included in the 2016-17 Federal Budget, the...
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Terminal medical conditions and access to super
When the unthinkable strikes, members can access their super tax free, but consider the strategies...
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If my client receives a lump sum from superannuation, will the lump sum be included in their “income” for Division 293 purposes?
Potentially, but this will depend on why your client is receiving the lump sum, their age, the...
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Re-think Treatment of Amounts in Excess of Minimum
Prior to 1 July 2017, as a general rule, where an individual was age 60 or over and wanted to draw...
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Market Linked Pensions - PAYGS & untaxed offset
Must the fund issue a PAYG summary? Does the individual need to report the payments in their...
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What is “deemed segregation” when it’s at home?
With some new rules for actuarial certificates coming in from 1 July 2017, the term "deemed...
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SMSFs and reserves - new guidance from the ATO
The ATO has recently issued its first guidance on reserves in SMSFs via a brand new series of...
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Company Directors & Gainful Employment
It is a well established principle that company directors are not considered common law employees,...
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