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THE ONLY CHATBOT
BUILT FOR SMALL BUSINESS OWNERS
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Question? Free 30min Chat 0407 361 596
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THE ONLY CHATBOT
BUILT FOR SMALL BUSINESS OWNERS
WHO WANT
TO:
1 Build an Email List quickly.
2 And Explode Their Sales With Just ONE line of code.
Paul Humphreys
WE provide SMSF administration. WE do not advise, but work with your advisors, or we will Connect you to the right Advisor who can assist you.
Call 0407 361 596 Melbourne AustraliaRecent Comments
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THE ONLY CHATBOT
BUILT FOR SMALL BUSINESS OWNERS
WHO WANT
TO:
1 Build an Email List quickly.
2 And Explode Their Sales With Just ONE line of code.
Category Archives: Super Law & Compliance
Basics about Super – 5 more facts about Australian Super, #6-10
Here are five more facts about the Australian Super system. (For the first 5 Basics 1-5 see earlier HERE) 6. Investment Choices – While the big major super funds allow you to choose the level of risk that you want … Continue reading
NEWS – Coronavirus Support Package SIMPLIFIED – Stimulus Package 12 & 22 March 2020
Summary Due to the Coronavirus COVID-19 significant economic consequences, the Australian Government has enacted a response that was passed in Parliament this week, to support individuals, households, businesses and broader community. Here is a comprehensive summary of several ATO Treasury … Continue reading
Basics about Super – Super and Death Benefits – how does it work? (Super Death Benefit)
The Australian Tax Office (ATO) confirms that super is not part of a person’s estate (usually), and the Trustees who control and run a super fund or Self-Managed Super Fund (SMSF), determine where the money goes. The ATO site tells … Continue reading
Posted in Basics about Super, Super Law & Compliance
Tagged SMSF, Super, Super Law & Compliance, Superannuation
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Masterclass SMSF – Why is the trust deed the most important document when a member passes away?
The SMSF trust deed is the first and most important document when a member passes away as it has the rules and determines how the death benefits are distributed. The trust deed sets out how death benefits are treated, especially … Continue reading
Basics about Super – Employees can choose – Choice of Super Fund
Employers should be aware that employees who are eligible for super in many cases are also be eligible to choose the fund you pay into. But if they aren’t eligible to choose or don’t make a choice, you must pay … Continue reading
Posted in Basics about Super, Super Law & Compliance
Tagged Basic, Super, Super Law & Compliance, Superannuation
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SMSF Basics – Overview of SMSF from ATO statistics
The popularity of Self-Managed Super continues to grow – is it suitable for you? ATO Statistics December 2014 – 545,000+ SMSF’s in Australia – 1,034,000+ members – $568+ billion in SMSFs (Total Aust & Overseas assets) – Number of Members … Continue reading
Posted in SMSF Basics - all to know, Super Law & Compliance
Tagged SMSF, Super Law & Compliance
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Basics about Super – Transition to Retirement – How does it work? A possible solution to the later retirement age at 70?
Transition to Retirement (TTR, or also called transition to retirement income stream (TRIS) or income pension (TRIP)) is a gradual move to retirement – a way to enable those aged over 55 to reduce your working hours without reducing your … Continue reading
Posted in Basics about Super, Super Law & Compliance
Tagged Basic, Super, Super Law & Compliance, Superannuation
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Masterclass SMSF – Borrowing in SMSF & is it right for you?
How did borrowing (leverage) start in self-managed super funds (SMSF)? SMSF allows their trustees to take advantage of control and flexibility by designing their own personalised investment strategies – “hands on” control. As a result of lobbying by super groups, legislation … Continue reading
Masterclass SMSF – Year End 2014 – Preparing your Self-Managed Super Fund – Things to Watch & Action before 30 June
As the financial year is closing again there are several things to watch and action for self-managed super (SMSF) before 30 June, such as contributing more to super within the limits (below). Generally, super contributions made by the cut-off dates … Continue reading
Masterclass – SMSF – How is super paid on death and does it form part of a person’s estate / will?
On death, a member’s super account becomes a “super death benefit”, and under SMSF law it must be cashed out a soon as practical. ATO ID 2002/141. There is no definition of “as soon as practical” by the ATO … Continue reading
SuperBenefit News for SMSF 