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Superannuation James Cruz Superannuation James Cruz

Time to Write some cheques.

The start of June brings cooler temps and the smell of backyard fires and an extra 2 minutes under the Doona as you psyche up to face the day. June 30 is an important date in the financial year as it is the last day in which to complete your tax planning tasks.

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Superannuation, SMSF James Cruz Superannuation, SMSF James Cruz

How to avoid an SMSF tax penalty

The Australian Tax Office (ATO) has recently changed the way it assesses income earned by assets paid for by a Self Managed Super Fund (SMSF) borrowings. In some cases, income earned by assets in this category will be treated as non-arm’s length and won’t qualify for the tax concessions available within super.

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Superannuation James Cruz Superannuation James Cruz

SMSF owners, hold on to your caps

If you have a Self-Managed Super Fund (SMSF), you should be keeping a close eye on your contributions throughout the financial year – not just at year-end.

There’s always a lot of talk about super contributions towards the end of the financial year. But 30 June doesn’t have exclusive rights on super strategies.

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