News & Articles

by Duc Hong The First Home Super Saver scheme (FHSS) was designed to assist first home buyers to save using superannuation. Eligible contributions made since 1 July 2017 include voluntary personal and salary sacrifice contributions (both...

Enduring Power of Attorney: Exception to the SMSF Trustee RuleThe general rule for SMSF trustees/members is that all trustees (or trustee company directors) must be members and all members must be trustees (or trustee company...

by Alex Polorotoff It seems likely that the Bill currently before Parliament, increasing the maximum number of members in an SMSF to six, will receive royal ascent.  It is interesting to see how much discussion this is currently...

by Mark PhillipsYou may have one or more funds with overdue returns that recently received a warning letter from the ATO. The ATO have made it clear these funds are squarely in their sites and are likely to be subject to further...

by Alicia Thomson Recently the announcement for AWOTE (average weekly ordinary time earnings) for the December 2020 quarter was announced. This has had the roll-on effect of increasing the non-concessional and concessional caps as well as...