A family trust is a great structure. It provides tax flexibility whilst giving you asset separation in two directions. But what does asset separation in two directions mean? And why might we suggest it to you as a recommendation?
First…
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Last year, a number of Australians took advantage of the early access to their super that was a part of the financial support options offered by the government during COVID-19, and withdrew amounts to assist themselves. If individuals and sole…
https://jlnollerandco.com.au/wp-content/uploads/2021/07/There-Are-Only-A-Few-Reasons-That-Your-Superannuation-Can-Be-Accessed-Early-E28093-Heres-What-They-Are.png4751000Web Editorhttps://jlnollerandco.com.au/wp-content/uploads/2023/05/JLNlogo.pngWeb Editor2021-07-13 12:02:072021-07-13 12:02:07There Are Only A Few Reasons That Your Superannuation Can Be Accessed Early – Here’s What They Are
There has been a shakeup within the superannuation industry after the latest government reform passed through the Senate. You may have heard of Your Future, Your Super, which was introduced during the Federal Budget announcements of 2020-21,…
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There were a few changes to superannuation that were passed by the Senate recently.
You can now use the bring-forward rule to make three years’ worth of non-concessional contributions (where you don’t claim a tax deduction) up until the…
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Many years ago Julia Gillard’s government announced increases in the Superannuation Guarantee rate from 9% at the time, up to 12%. The impact of the Global Financial Crisis has led subsequent governments to continually postpone these increases.…
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The ATO’s Tax, Super + You competition is a fun and engaging way for Australian high school students to learn about tax and super, unleash their creativity and potentially win some great prizes.
Working as a part of a team or individually,…
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The Federal Budget dropped on Tuesday, 11 May, with many announced amendments and changes that affected the superannuation and SMSF sectors. Non-concessional contributions increased maximum limits were announced and would come into effect as…
https://jlnollerandco.com.au/wp-content/uploads/2021/06/What-Does-The-Non-Concessional-Cap-Increase-Mean-For-You_-1.jpg4751000Web Editorhttps://jlnollerandco.com.au/wp-content/uploads/2023/05/JLNlogo.pngWeb Editor2021-06-21 12:02:332021-06-21 12:02:33What Does The Non-Concessional Cap Increase Mean For You?
The Low and Middle Income Tax Offset has been extended for another 12 months, meaning that taxpayers whose wage earnings situate them within a certain income bracket will again be able to receive a little extra cash back into their pockets again…
The Federal Budget dropped on Tuesday, 11 May, with many announced amendments and changes that affected the superannuation and SMSF sectors. Non-concessional contributions increased maximum limits were announced and would come into effect as…
https://jlnollerandco.com.au/wp-content/uploads/2021/06/What-Does-The-Non-Concessional-Cap-Increase-Mean-For-You_.jpg4751000Web Editorhttps://jlnollerandco.com.au/wp-content/uploads/2023/05/JLNlogo.pngWeb Editor2021-06-07 10:34:432023-07-11 13:05:08What Does The Non-Concessional Cap Increase Mean For You?