Investment Outlook: Summer Edition
Another year passes by and we look to 2022 with a sense of optimism as the world economy heals from the scars of 2020. With the holiday season around the corner, Morgans take this opportunity…
Divorce & Superannuation
New legislation will help prevent superannuation assets from being hidden during divorce proceedings. From 1 April 2022, the Australian Taxation Office (ATO) will be able to release details of an individual’s superannuation information to a…
What happens to your super when you die?
Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. When you die, it does not automatically form part of your estate but instead, is paid…
Increase to six SMSF members
From 1 July 2021, the maximum number of members a Self-Managed Super Fund can have increased from four to six. Why would you have a fund with six members and what are the implications? Recently…
SMSF: When expenses and investments are not at arm’s length
We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, interactions between the SMSF, its assets, and its…
Road to Recovery: Budget 2020-21 Overview
The 2020-21 Federal Budget is a road to recovery paved with cash. Key initiatives include: Personal income tax cuts from 1 July 2020 A $4 billion ‘JobMaker’ Hiring Credit to encourage businesses to take on…
Retirement of Terry Collins
After almost 29 years working at PPT Accounting, Terry Collins has decided to retire. Terry has spent much of her time at PPT setting up and leading the Self-Managed Superannuation Fund Division. We wish Terry…
COVID-19 and your SMSF
COVID-19 has had an impact on many SMSFs. We look at the key issues. Early release of superannuation When a member of your fund wants to access up to $10,000 of their superannuation early under…
Is self-managed superannuation right for you?
Self-managed superannuation funds (SMSF) are a popular choice for individuals and couples looking for greater investment choice and control. We’ve put together a few questions you should consider before starting your own SMSF fund. What…
Super guarantee opt-out for employees with multiple employers
Employees with multiple employers can now opt-out of superannuation guarantee from all but one employer. Employers are required to pay 9.5% superannuation guarantee for all eligible employees. But what happens if you are an employee…
