7 June 2019 / Last updated : 7 June 2019 hiltonadmin Chartered Accountants

Winding up your SMSF

There will in all likelihood come a time when you will need to wind up your self-managed superannuation fund (SMSF). The reasons for winding up are many and varied, but could include:

28 April 2017 / Last updated : 28 April 2017 hiltonadmin CPA Professionals

SMSFs and the in-house asset rules explained

A not-uncommon conundrum for many SMSF trustees is what to do when the fund is found to have breached the in-house asset rules. There are also some common misconceptions about these regulations that keep resurfacing.

24 March 2017 / Last updated : 8 September 2017 hiltonadmin General

What counts towards super’s new $1.6m transfer balance cap?

The transfer balance cap applies to the total amount of superannuation that has been transferred into retirement phase. The balance of assets in pension phase can be held across several accounts, so the number of accounts is immaterial.

2 December 2016 / Last updated : 2 December 2016 hiltonadmin General

What you need to know about the pension transfer balance cap

Recent legislation has introduced several superannuation rule changes. Among them is a new “transfer balance account”, which each recipient of a superannuation pension will be required to have. In other words, individuals receiving superannuation income stream benefits will need to keep a transfer balance account.

26 August 2016 / Last updated : 26 August 2016 hiltonadmin CPA Professionals

SMSFs win gold in retirement savings race

Our Olympian contingent arrived back home from Rio with a collective 29 medals, eight of them gold, securing Australia 10th place overall. But our Olympic champions can take extra comfort in knowing that they are back in a country where self managed superannuation funds are consistently taking 1st place and standing on the highest podium […]

1 February 2014 / Last updated : 8 July 2016 hiltonadmin General

Lost super

How to find and merge all your lost super accounts in three easy steps It’s human nature to avoid painful administrative tasks – even when completing those tasks results in clear benefit.