Top Tips to consider before June 30

Top Tips to consider before June 30

Top up Super Make use of the generous super limits that may be available to you. Not only can you top up your super to the max limit of $27,500 but you could also have some unused super contributions that you could use to make extra top up contributions. These can be...
Federal Budget May 2023

Federal Budget May 2023

The 2023 Federal Budget focuses on providing cost of living relief through lower power bills, higher welfare payments and more support for small business and housing.Note: These changes are proposals only and may or may not be made law. Cost of living • Energy bill...
Maximising Personal Non Concessional Contributions

Maximising Personal Non Concessional Contributions

Maximising personal non-concessional contributions (NCCs) is a great way to build up retirement savings in a tax-effective environment, minimise the tax payable on super death benefits, and equalise super balances between spouses. However, there are some tips and...
Re-contribution strategy

Re-contribution strategy

A re-contribution strategy can be a useful estate planning tool for those who want to minimise the taxable component of their superannuation death benefit paid to non-dependants such as adult children. This strategy involves withdrawing funds from a super account and...
More super – less tax

More super – less tax

The end of the financial year is fast approaching and there’s a great way to help you save on tax while boosting your super. By making an after-tax contribution to your superannuation before the end of the financial year, you could boost your retirement savings for...