Author: zfs

Search through the data collected by the Australian Bureau of Statistics, and find interesting facts about how the country is changing.

The total value of SMSF assets has climbed to $892 billion during the 12 months to March, according to the latest ATO statistics.

The ATO has issued a decision impact statement on a recent decision that determined whether an SMSF was liable for GST on the sale of subdivided lots.

An interesting finding in the federal government's Retirement Income Review report is that many Australians are dying with the majority of the wealth they had when they retired.

The more detail you can give your accountant the quicker your tax return can be processed and, usually, the better the outcome. The following will help.

From 1 July 2022, there will be changes made to super to make it easier for Australians to grow their retirement savings.

Trusts are used to hold assets for various reasons, but most typically for tax planning and asset protection purposes. Here's a little more insight into how trusts work.

The contribution changes coming in on 1 July will provide more time for spouses in SMSFs to even up their balances and maximise their transfer balance cap, according to an advisory firm.

The following animated chart covers the period from 1950 to 2017. It is fascinating to see how the world changes over time.

While the official interest rate increase has seen some SMSF lenders raise their interest rates, others are holding off for now.

New rules are in effect, which will see changes to how SMSFs manage transfer balance lodgement.

With only about four weeks left until the end of this financial year, now's a good time to check your superannuation options.