by Ben Smith | Jan 21, 2019 | SMSF Specialists
What is it? It’s a lifetime limit on how much of your superannuation balance you can transfer from your accumulation account(s) to tax-free ‘retirement phase’ account(s) that allows you to receive pension income.. This limit is known as the ‘transfer balance cap’. The...
by Ben Smith | Jun 14, 2018 | SMSF Specialists
From 1 July 2018 the new ‘downsizing’ into superannuation rule will be able to be used. For those that meet the criteria, this could be used to top up your super and assist with your retirement plans. This ‘downsizer’ rule allows those that are over 65 and sell their...
by Ben Smith | Feb 9, 2018 | Accounting & Audit, SMSF Specialists
The ATO Small Business Superannuation Clearing House (SBSCH) is going through some major changes in February 2018. We have prepared a summary on the changes and how it might impact your business: The current SBSCH system will be available to make super...
by Ben Smith | May 22, 2017 | SMSF Specialists
Roberts & Morrow are hosting a Primary Production Seminar on Thursday 25 May at 3:00pm. For further details please check out the invitation.
by Ben Smith | Mar 28, 2017 | SMSF Specialists
A bill is currently progressing through NSW Parliament that, if enacted, will broaden the application of the exemption for transfers of farm land. There are two key changes proposed that would result in the exemption applying to transfers of primary production land in...
by Ben Smith | Mar 28, 2017 | SMSF Specialists
The super reforms introduced in the 2016 Federal Budget are set to start coming into effect from 1 July 2017. So what are the changes to the super contributions caps, and how will they affect your savings. Non-concessional contributions cap set to fall For most super...
