Late last year, a bill was introduced into the NSW parliament, which proposed further changes to the imposition of surcharge purchaser duty and surcharge land tax on certain discretionary trusts. That bill has just become law, with the result that
New super contribution age limits
As from 1 July 2020 you can continue to contribute to superannuation up to the age of 67 (previously 65) without having to pass the work test. This brings this rule in line with the age pension eligibility test. If you are over 67 you have to pass
Guess who’s grandparents?
On a personal note, Stephen and I became grandparents recently. Our Grandson, Jordan James McMahon (Jordy) couldn't wait any longer and was born 9 days early on 6 July 2020. We just love him and now understand the grandparent hype! He's just a
Compulsory Super Contributions – June 2020 quarter
Compulsory Superannuation Contributions for the June 2020 Quarter are due 28 July 2020 Please note: We recommend processing by 18 July, as Super Stream can take up to 10 days to process. However, if you want the tax deduction for the
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