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Paying minimum pension for SMSF

The tax office recently clarified what happens when the trustees fail to pay the minimum pension for a member for the financial year.  Where this occurs, the pension is considered to cease from the START…

Important changes for 2013

Changes for business From 1 July 2013, the upper age limit for superannuation contributions will be abolished. Employers will be required to contribute to the complying super funds of eligible mature age employees aged 70…

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