With the end of financial year fast approaching, here are some super year-end planning tips to help you understand what you could do in relation to your super before and after 30 June 2015. Increased tax deductible contributions cap for anyone 50 and over For anyone who was under 49 on 30 June 2014, the […]
You’re in your mid-50s and you suddenly realise that while your body and mind are fit and healthy, you can’t say the same for your superannuation. You decide it’s now time to give your retirement savings a kick-start before it’s too late. But how? Set up a self managed super fund, borrow money and invest in […]
In End of year looms for super tax planning published in our June edition of Westlawn Monthly News we wrote of the government’s proposal to ban off-market transfers of assets into self managed super funds (SMSFs) from related parties. Those proposed changes would have required SMSF trustees to obtain an independent valuation of the asset […]
