super Tags - Watkins Jacks Advisers

The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst those changes was the introduction of a $1.6 million transfer balance cap which limits the tax exemption for assets funding superannuation pensions. ThisContinue Reading...

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...

They won’t move out of home! Are they exempt from superannuation death tax? Given the rising cost of housing, adult children are living with their parents for longer and parents have more in superannuation than ever before. We are witnessing more adult childContinue 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...