Category: Blog
SMSF LRBA Safe Harbour Rates for 2025–26: What You Need to Know
If your Self-Managed Super Fund (SMSF) has a related-party Limited Recourse Borrowing Arrangement (LRBA), staying compliant with the ATO’s safe harbour guidelines is crucial. The Australian Taxation Office (ATO) recently announced updated safe harbour interest rates for the 2025–26 financial yea..Read More
Proposed “$3 Million Super Tax” (Division 296): What SMSF Trustees Must Know Before 1 July 2025
What’s the Buzz About? In June 2025, the financial media and SMSF community have been laser-focused on the Albanese Government’s proposed new Division 296 tax — a 30% tax on both realised and unrealised earnings for super balances over $3 million, starting 1 July 2025 (news.com.au, news..Read More
Maximise Your Super: Essential SMSF Planning Before 30 June 2025
Why SMSF Planning Before 30 June 2025 Is Crucial As the financial year draws to a close, 30 June 2025 marks a critical deadline for self-managed super fund (SMSF) trustees. Strategic planning now can help you maximise tax benefits, optimise contributions, and avoid compliance issues. Whether you..Read More
ASIC Announces Fee Increases for Companies and Business Names from 1 July 2025
Starting 1 July 2025, the Australian Securities and Investments Commission (ASIC) will implement updated fees for company services and business name registrations. These revised charges will remain in effect through 30 June 2026. If you operate or plan to start a business in Australia, here’s a br..Read More
🚨 ATO Releases 2026 Superannuation Caps – Key Changes and Updates
The Australian Taxation Office (ATO) has announced the superannuation contribution caps and thresholds for the 2026 financial year. These caps affect how much you can contribute to superannuation while enjoying tax concessions. ✅ 2026 Superannuation Contribution Caps Concessional Contributio..Read More
Superannuation Thresholds for 2025-26: Key Updates
Thomson Reuters has released the latest superannuation rates and thresholds for the 2025-26 financial year, based on the Australian Bureau of Statistics' AWOTE figures and in line with Subdivision 960-M of the ITAA 1997. While the concessional contributions cap remains unchanged at $30,000, several ..Read More
Updates to Legacy Retirement Products and SMSFs
Recent legislative changes now allow individuals to exit certain legacy retirement products over a five-year period, starting from 7 December 2024. These updates apply to legacy retirement products held with any superannuation provider, including APRA-regulated super funds and self-managed super ..Read More
Meaning of employee for super guarantee purposes
The Australian Taxation Office (ATO) has recently released a draft update to Taxation Ruling TR 2023/4, which includes retrospective changes to its guidelines on determining when an individual qualifies as an “employee” for Pay As You Go (PAYG) withholding purposes. This draft update int..Read More
Changes to NALI for SMSFs
The ATO says changes to the non-arm's length income (NALI) are now law and take effect from 1 July 2024. The new NALI rules for non-arm's length expenses apply to both SMSFs and small APRA-regulated funds with 6 or fewer members. The changes: limit the amount of NALI arising from a non-arm..Read More
ASIC Fee Increases Effective 1 July 2024
Starting 1 July 2024, ASIC will implement increased fees for various company-related services, which will remain effective until 30 June 2025. These adjustments will impact company registration, name reservation, name changes, annual review fees, and deregistration, among others. Company Registra..Read More