With recent changes to tax laws in 2024, retirees need to be more strategic than ever in managing their retirement income to maximize tax efficiency. Whether you’re drawing a...
Self-Managed Superannuation Funds (SMSFs) provide significant flexibility in how members candraw down their retirement benefits. However, recent rulings and updates in 2024 have introducednew guidelines and considerations for SMSF...
Capital Gains Tax (CGT) is a critical consideration for Self-Managed Superannuation Funds (SMSFs) that invest in property, shares, and other assets. In 2024, changes have been introduced to the...
The Australian Taxation Office (ATO) continues to increase its focus on compliance activities related to Self-Managed Superannuation Funds (SMSFs). In 2024, the ATO has introduced new initiatives and guidelines...
High-net-worth individuals (HNWIs) often face unique challenges and opportunities when it comes to tax planning. The introduction of new tax laws in 2024 has brought significant changes that HNWIs...
Borrowing through a Self-Managed Superannuation Fund (SMSF) using a Limited Recourse Borrowing Arrangement (LRBA) has been a popular strategy for those looking to invest in property and other assets....
Work-related expenses are a common area where individuals claim tax deductions, but recent changes in 2024 have introduced new rules and tightened the requirements for claiming these deductions. This...
Tax planning is an essential aspect of managing your finances, particularly in light of the latest legislative updates introduced in 2024. With new tax rules and changes to existing...
Investing in property through a Self-Managed Superannuation Fund (SMSF) has long been a popular strategy for Australians looking to build wealth for retirement. However, the landscape of SMSF property...
Non-concessional contributions are an essential part of many Australians' retirement savings strategies, allowing individuals to contribute additional amounts to their superannuation without claiming a tax deduction. In 2024, changes...