contributions Tags - Watkins Financial Services

Common sense finally prevails! Many people made it known to Coalition party members around the country that the superannuation proposals in the Budget were complete and utter nonsense and needed to be radically changed. It took a long time for the Treasurer (MContinue Reading...

As the 2015-2016 financial year draws to a close, there are a few very important tasks self-managed super funds (SMSFs) members and trustees need to take care of. Make your contributions on time Review your investment strategy Check you comply with in-house asContinue Reading...

Introduction Last night the Federal Government handed down the Budget for the 2016-17 year that includes some of the biggest changes to the superannuation system since 1 July 2007. Some of the major announcements include: • changes to contributions caps, incContinue Reading...

Finally, we have witnessed an increase in both concessional and non concessional contributions into super commencing 2014/2015 year. The amount of concessional contributions that may be made by a member to their SMSF has increase from $25,000 to $30,000, whileContinue Reading...

Making personal contributions into superannuation can provide you with additional benefits. Personal contributions are contributions from ‘ordinary money’ or an after-tax contribution. Individuals with income less than $33,516 can qualify for the GovernmenContinue Reading...

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