Eligible individuals impacted by COVID-19 able to access up to $20,000 from their superannuation between April and September 2020
Blog
Regulator “heatmap” flags Australian Government schemes for high fees
Two of the Federal government's newest superannuation funds have been flagged for high fees according to the first MySuper 'heatmap' released last month by the Australian Prudential Regulatory Authority (APRA).
Senate to decide on amnesty for $2.8 billion superannuation cheats
Australian Parliament is debating draft laws giving eligible employers an amnesty to pay billions of dollars worth of overdue employee superannuation guarantee liabilities.
Government moves to scrap choice of fund restrictions in enterprise agreements
The federal government has introduced a Bill amending Superannuation Guarantee legislation to prevent employers from mandating superannuation fund membership through enterprise agreements and workplace determinations.
Superannuation splitting finally on the cards for de facto couples in Western Australia
Federal government introduces Bill to extend superannuation splitting to de facto couples in Western Australia.
Family Law: valuing defined superannuation benefit interests
We examine a real-life PSS example to show the effects of age and gender on the Family Law Value.
Notional defined benefit contributions
Do you understand how your defined benefit contributions count towards your concessional contributions cap? If not, read on.
Another tax surprise for defined benefit members…
Be aware of notional defined benefit contributions and your concessional contributions cap. Super Info online tool makes estimating these easier.
Total super over $1.6m… Watch out!
From 1 July 2017, the annual limit on after-tax contributions dropped to $100,000 for most people and zero for individuals with total super balances of $1.6 million or more.
Concessional contributions from July 2017
The limit on low tax super contributions is dropping to $25,000 for everyone from 1 July 2017. Are you ready for it?