Government Super Contributions: Low Income Super Contribution and Super Co-contribution

Government Super Contributions

Low-to-middle income earners can take advantage of this offer from the government to boost their super savings. There are two ways of obtaining a contribution into your super account. You can obtain this through the low income super contribution (LISC) and the super co-contribution and they are not … [Read more...]

Loss of Superannuation – Zhang v Golden Eagle International Trading Pty Ltd

loss of superannuation

In Zhang v Golden Eagle International Trading Pty Ltd and Ors [2006] NSWCA 25, loss of superannuation was calculated at 11% of the net loss of earnings. This is effectively a short cut to calculating loss of superannuation in personal injury cases because superannuation is 9% of an employee's … [Read more...]

Superannuation Basics

Superannuation Basics

There are two things in life you cannot escape, death and taxes. That’s how the saying goes. We should add one more to that list that we cannot escape, super. Super is an important part of a working taxpayer’s life, so what is it? Put simply, it is money that’s saved over a lifetime to … [Read more...]

Self Managed Super Fund Workshop

SMSF Workshop

Given the uncertainty of the economic future, wouldn't it be great if you could gain a peace of mind of your own future, that you'll have a comfortable retirement? To know all that time and effort you invested prior to retiring will allow you to enjoy a stable income even when you do leave the work … [Read more...]

Protect Your Superannuation from Scams

Protect your Superannuation from Scams

The Institute of Chartered Accountants have revealed that between 2007 and 2012, approximately 2600 Australians were scammed out of over $113 million in superannuation. How? It is important to note that these scams have affected Australians from all walks of life, including those who consider … [Read more...]

Understanding Self Managed Super Funds – Webinar

Questions and Answers bubble

This month, in our popular webinar series, we are examining Self Managed Super Funds. We were recently involved in a number of litigation matters against financial planners for providing negligent advice. As part of our investigations, we examined the superannuation industry including returns … [Read more...]

Self Managed Superannuation- Obligations of Trustees – Update

case-law

The Administrative Appeals Tribunal recently handed down a decision that will make every trustee of a self managed super fund sit up and take notice, particularly those funds that have been set up with a husband and wife as trustees. The decision was based upon a husband and wife who had a self … [Read more...]