by admin | Feb 25, 2025 | Did You Know, News
The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025. The transfer balance cap – the amount that can be transferred to a tax-free retirement account – is indexed to the Consumer Price Index (CPI)...
by admin | Feb 25, 2025 | Did You Know, News
The Government has announced its intention to introduce mandatory standards for large superannuation funds to, amongst other things, deliver timely and compassionate handling of death benefits. Do we have a problem with paying out super when a member dies? The value...
by admin | Feb 13, 2025 | Did You Know, News
If credit card surcharges are banned in other countries, why not Australia? We look at the surcharge debate and the payment system complexity that has brought us to this point. In the United Kingdom, consumer credit and debit card surcharges have been banned since...
by admin | Feb 13, 2025 | Did You Know, News
“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations that appear to be connected to succession planning.” ATO Private Wealth Deputy Commissioner Louise Clarke The...
by admin | Jan 29, 2025 | Did You Know, News
If you are an Australian resident and are selling or disposing of real property in Australia, a recent requirement is that the seller is required to provide the purchaser with a Clearance Certificate, either at or before the settlement date. If you fail to...
