by Peter Ristevski | Jul 2, 2024 | Retirement Planning, SMSF, Superannuation
SMSF capital gains tax can vary significantly based on how your SMSF is structured and how long the asset being sold was owned. By understanding the application of SMSF capital gains tax, you can manage the sale of assets within your SMSF in a way that minimises tax –...
by Peter Ristevski | Jun 20, 2024 | SMSF, Superannuation
Generally, superannuation is designed to provide retirement income and your savings can’t be accessed until you reach a certain age and retire. In this article we look at how you can access your super. It sounds simple enough, but in practice there are multiple ways...
by Peter Ristevski | May 27, 2024 | Retirement Planning, SMSF, Superannuation
Superannuation is a crucial part of your retirement planning in Australia, and ensuring your super is on track can significantly impact your financial future. An annual checkup of your superannuation account helps you stay informed, make necessary adjustments, and...
by Peter Ristevski | Mar 18, 2024 | Superannuation, Tax & Accounting
Starting from July 1st, 2024, there will be an increase in the maximum amount you can contribute to your superannuation. We’ll guide you on how to make the most of this change. Contribution limits for superannuation will rise from $27,500 to $30,000 for...
by Investment Plus Accounting Group | Feb 25, 2024 | Income Tax, Superannuation, Tax & Accounting, Tax Deductions
As the second half of financial year unfolds, taxpayers may be exploring ways to reduce their tax liabilities before June 2024. One often overlooked avenue for tax savings lies within the superannuation system, specifically through the strategic utilisation of unused...
by Peter Ristevski | Jan 29, 2024 | Capital Gains Tax (CGT), Retirement Planning, Small Business, Small Business Tips, SMSF, Superannuation
So you’re a small business owner and preparing for retirement? Here are a few important things to consider when selling your small business to make one final boost to your nest egg. When selling a business or business asset, small business owners can contribute the...
