TBAR lodgement rule changes coming
From 1 July 2023, changes to the transfer balance account report (TBAR) lodgement rules will come into effect.
Superannuation contribution changes from 1 July 2022
Several key super changes are set to apply for employers and superannuation members from 1 July 2022.
Use concessional contributions to grow your super faster
Using unused concessional contributions to super to build your nest egg. Many people know they can direct extra payments into their superannuation from their pre-tax income each financial year. These payments, known as concessional contributions, are capped at $27,500 per year from the 2021-22 financial year – and that includes super paid by an employer. […]
Federal Budget 2022-23 | March: Sydney Webinar
Join Pitcher Partners as we discuss this year’s Federal Budget and its impact on Australian businesses. Our comprehensive analysis will examine the tax, industry and economic implications of what is expected to be a ‘pre-election’ Budget, allowing you to make informed decisions and plan for the next financial year. Our expert speakers will discuss the […]
Federal Budget 2022-23 | March: Superannuation
The Government has broadly left the superannuation system unchanged, with a minor extension to the minimum drawdown percentage to 30 June 2023. The Government confirmed that it will continue with the 50% minimum pension drawdown reduction for account-based superannuation pensions, extending the measure for a further year to 30 June 2023. This measure is intended […]
Derek Bouman
Derek has over 20 years of experience advising his clients on how best to grow and protect their superannuation investment for retirement and succession. He’s also a chartered accountant and has a Diploma of Financial Planning. As a self-managed superannuation adviser and a Specialist Member of the SMSF Association, Derek provides strategic and technical advice […]
Hugh Taylor
Hugh has over 35 years of experience in chartered accounting and specialises in superannuation, retirement and estate planning, administration of self-managed funds and business investment and structuring. His experience spans a range of clients including investors, medical and health care specialists, property and construction and professional practices. Hugh utilises his strong relationships with lawyers, actuaries […]
Ting Ting Chen
Ting has over 15 years of experience providing advice to private business and family clients matters regarding taxation, compliance and family structure planning. Ting has strong experience in the superannuation field, with her extensive knowledge enabling her to find niche ways to achieve the needs of her superannuation clients. Ting works closely with financial advisors […]
Division 293: The creeping tax on super that’s diminishing your retirement income
Article first published in The Australian 10 July 2021 If a government tinkers with superannuation, you can bet it’s going to stick. Many will remember the key super changes that came about in the 2017 federal budget – the reduction in the concessional contributions cap to $25,000 and the introduction of the $1.6m pension cap […]
Increase in SMSF member numbers passes
Legislation increasing the maximum number of allowable members in new and existing self-managed superannuation funds and small APRA funds from 4 to 6 members has passed both Houses of Parliament without amendment and awaits Royal Assent. The changes are expected to commence from 1 July 2021, provided Royal Assent is received by 30 June 2021.