22 December 2022 / Last updated : 20 September 2023 hiltonadmin Chartered Accountants

Unused super contributions

The carry-forward rules allow eligible individuals to carry forward their unused super contribution amounts.

21 June 2022 / Last updated : 21 June 2022 hiltonadmin Company Directors

New director ID requirements

New ID requirements for directors

31 May 2021 / Last updated : 2 June 2021 hiltonadmin Chartered Accountants

Commencing a self managed superannuation fund?

The birth of every SMSF should, of necessity, initiate a discussion about death.

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:

30 June 2018 / Last updated : 2 June 2021 hiltonadmin Chartered Accountants

Binding Death Benefit Nominations

What is required for a BDBN to be valid and the potential problems that could occur if found invalid.

8 September 2017 / Last updated : 8 September 2017 hiltonadmin CPA Professionals

Division 293

Division 293 was introduced about five years ago, and is intended to even out the concessional tax treatment that higher income earners enjoy on some superannuation contributions. This results from super contributions made before tax being taxed at 15% within a fund, and the higher relative difference in marginal rates for high income earners compared […]

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 […]