Increasing Superannuation Contributions

Increasing Superannuation Contributions

The maximum concessional (or tax deductible) contributions an eligible individual can make each year without breaching the cap amount is $25,000.  Many salary or wage earners will not reach this level. Salary sacrificing additional superannuation contributions offers...
Have You Updated Your BDBN Since 1 July 2017?

Have You Updated Your BDBN Since 1 July 2017?

What is a BDBN? A Binding Death Benefit Nomination (BDBN) is a legally binding nomination that allows a member of an SMSF, to advise the Trustee as to whom they want to receive their superannuation entitlements in the event of their death. The nomination must be valid...
Superannuation Guarantee

Superannuation Guarantee

UPDATE – The ATO recently announced an amnesty for employers who voluntarily disclose previously undeclared superannuation guarantee (SG) shortfalls.  For further information on the amnesty, please visit the ATO website. ATO Fact Sheet for Employers The...