A major update to the small business superannuation clearing house (SBSCH) was introduced on 15 March 2024 that potentially impacts businesses being able to make superannuation guarantee contributions into SMSFs.
TAG BLOG
Posts
Investor activity rises, high-debt borrowing falls
The latest tranche of home loans data from the banking regulator, APRA, has revealed three interesting shifts in the mortgage market over the past year.
The ATO’s role in SMSF investment strategy
Michelle Griffiths, our Investment Advice & Wealth Partner was recently quoted in Self Managed Super magazine. The article highlights the ATO’s role in assessing whether a SMSF investment strategy is appropriate.
Investor Update: Tech Bubble or Brillance?
In 2023, overseas share markets performed wonderfully well. The US stock markets (which represents around 50% of all developed markets) returned around 24%.
Should you buy now or wait for a potential rate cut?
Many economists believe the Reserve Bank will start cutting interest rates in the final quarter of 2024. So if you’re thinking about entering the market, should you buy now or wait for those potential rate cuts to occur?
Personal Tax Cuts – Stage 3
On Tuesday last week, the Federal Parliament passed legislation to formalise the third and final stage of personal tax cuts. Find out how this effects you.
Contribution Caps to Increase
The government has announced that contribution caps will increase with effect from 1 July 2024. Read more in this article.
Upcoming Event: Adapting Your Tax Planning
At this Business Owners Association of Australia event, Tony Rule (Partner at TAG Financial Services) will provide you with practical examples on how to structure your business to maximise your opportunities.
Why it’s critical to get advice when starting a pension
Your clients have worked hard throughout their lives and are now ready to retire – and it’s time to transition to a pension. There is a myriad of considerations that lie ‘under the iceberg’ that often get missed- it is vital that all areas are considered, to ensure your clients get the most out of their retirement.
Division 293 Explained – Super Tax for High Earners
Saving for retirement through superannuation is a smart and tax-efficient approach for many high-income individuals. However, there are limits to consider.
National property prices rose 8.1% last year
Australia’s median property price reached a record $757,746 at the end of 2023, after another year of growth. Read more about this topic and others in our latest Loans Update.
8 Ways to turn your Resolutions into Achievements
Has your New Year Resolution enthusiasm begun to dwindle? In this article TAG Partner Michelle Griffiths talks about how to recalibrate and set you on the path to success.