Changes to the Age Pension rules – will you be affected?

Changes to the Age Pension rules – will you be affected? From 1 January 2017 Government changes to the Age Pension are likely to reduce pensioner entitlements. It’s important that you understand how the changes could affect you. Increase in the Assets Test threshold The Assets Test threshold is the amount of assets pensioners can [...]

September 27th, 2016|Retirement, Superannuation|Comments Off on Changes to the Age Pension rules – will you be affected?

Is Superannuation sacred?

Is Superannuation sacred? Apparently not, the ATO can take it! We came a cross a recent article regarding topic of whether the ATO could get their hands on your superannuation in the event you owed them money. Here’s what we uncovered with the help of Jason Bettles, Partner Worrells Gold Coast and Ballina. “The ATO is [...]

April 18th, 2016|Superannuation, Tax|Comments Off on Is Superannuation sacred?

Transition to Retirement – Tax Treatment Of Your Super Could Change

Don’t Panic – Tax Treatment Of Your Super Could Change – Transition to Retirement What is it? People who have reached their preservation age and are still working are able to access their superannuation and start a transition to retirement (TTR) strategy. Your preservation age is the earliest time at which you can start to [...]

April 18th, 2016|Superannuation, Tax|Comments Off on Transition to Retirement – Tax Treatment Of Your Super Could Change

SuperStream is Coming – You’d Better Get Ready

SuperStream is Coming - You'd Better Get Ready October 31 is the deadline for all employers with 20 or more employees to implement the new SuperStream electronic payment method for all superannuation obligations. Employers with 19 or fewer employees have until June 30, 2016 before they need to do the same. Check out the video below by the [...]

October 2nd, 2015|Superannuation|Comments Off on SuperStream is Coming – You’d Better Get Ready