The superannuation guarantee amnesty is back in the news. The federal government introduced a 2019 bill late last year which has passed the lower house and has now gone to the Senate for their deliberation. The bill is designed to encourage those
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Car log books
With the FBT year coming to a close on 31 March 2020, I thought it appropriate to again remind you of the log book requirements (which are also applicable for work/business related expense claims). For any car that is not a commercial vehicle, a
Don’t ignore your super fund letters with regard to closure of your account
Super legislation changed on 2nd October 2019 whereby super funds with low balances i.e. below $6,000 are to be protected from insurance premiums eroding the fund balance. Trustees of funds are required to write to fund members requesting whether
How a Testamentary Discretionary Trust in a Will can benefit your children
When preparing a will, most of us want to make sure that we benefit those of our choice but few people stop and think about the potential tax consequences or the likelihood of a third party claiming a share of the estate. A testamentary
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