by Audit Your Superfund | Oct 4, 2019 | Blog
Non-concessional contributions are contributions that are made to super from after-tax income or savings. What are the non-concessional cap limits? As of July 1st 2017, the non-concessional contributions cap allows members to make personal after tax contributions of...
by Audit Your Superfund | Oct 22, 2018 | Blog
Recently, an Australian court ruled that the auditor of a self-managed super fund (SMSF) was liable for a client’s investment losses because they didn’t bring problems to the attention of the client when they audited the fund. The case – Ryan Wealth Holdings Pty Ltd v...
by Audit Your Superfund | Oct 15, 2018 | Blog
Careful planning needs to be thought about to ensure members do not exceed their contribution caps. Some clients who have lodged their 2018 tax returns have unintentionally exceeded their contribution caps. Contribution changes from the 1st of July 2017. Income...
by Audit Your Superfund | Dec 18, 2017 | Blog
How many of your clients are female SMSF trustees born after 1976? If ATO statistics are anything to go by the answer is probably “not many, if any”. However, as young hopefuls step up to the world of financial responsibility, accountants across Australia...
by Audit Your Superfund | Dec 5, 2017 | Blog
Following the July 1 super changes, the ATO will be paying particular attention to certain areas of compliance. When advising your clients on SMSF investment products, you’ll need to look out for these key focal points to ensure their assets continue growing in...
