Paul Bunting of MSI Ragg Weir talks about the Superannuation changes in Australia, coming into force on 1 July 2017 – and why you need to talk to your accountant to take advantage of the new rules, especially if you have more than AUD$1.6 million in your pension account – or if you are on a transition to retirement pension. However, there will be some opportunities brought about by the new rules too – in the area of capital gains tax relief. This allows for a re-rating of the cost-base of the asset, reducing tax payable in the future.
Search for your local professionals here
Contact one of our EXPERTS right away!
- Using the property market to your advantage By McKinley Plowman & Associates.
As of 06 November, 2019
- 4 reasons to invest in getting your tax done by an accountant By MSI Taylor Business Services.
As of 30 October, 2019
- Why you may not get away with any creative accounting this tax year By Morrows.
As of 29 October, 2019
- New lodgement penalty for SMSFs from 1 October By Oreon Partners.
As of 14 October, 2019