SMSFs in the ATO firing line
April 19, 2020 12:00 am Comments Off on SMSFs in the ATO firing lineIs your self-managed super fund fully compliant with the regulations governing the operation of private funds?
Author Archives for wybenga_admin
Avoid SISR traps in early access to super scheme
April 16, 2020 12:00 am Comments Off on Avoid SISR traps in early access to super schemeA law firm has warned trustees to consider several factors to ensure they’re complying with the Superannuation Industry (Supervision) Regulations 1994 (SISR) before deciding to access the government’s early access to super scheme.
Data so large it’s hard to comprehend.
April 12, 2020 12:00 am Comments Off on Data so large it’s hard to comprehend.The following website gives the running totals for many everyday categories and the numbers are almost, if not, overwhelming when seen on a global scale.
Ride the market to recovery
April 8, 2020 12:00 am Comments Off on Ride the market to recoverySevere market downturns feel anything but fair. In many ways the biggest risk facing investors now is the impulse to take action and to make hasty, short-term decisions based on emotional factors rather than accepting where we are today and riding things out.
Historic $130bn wage subsidy to cover 6 million workers
April 5, 2020 12:00 am Comments Off on Historic $130bn wage subsidy to cover 6 million workersPrime Minister Scott Morrison has now unveiled an extraordinary $130 billion wage subsidy which will see businesses receive $1,500 a fortnight per employee for the next six months.
Covid-19 Update – Small Business
March 31, 2020 12:00 am Comments Off on Covid-19 Update – Small BusinessSmall businesses will be the hardest hit by the ramifications of Covid-19. The following is more information to help small business owners better understand some of the business support that's now available.
PM launches $17.6 billion virus stimulus plan
March 30, 2020 12:00 am Comments Off on PM launches $17.6 billion virus stimulus planThe Prime Minister has announced a stimulus plan to curb the economic impact of the coronavirus and keep “Australians in jobs and businesses in business”.
What 2020 holds for low cost funds
March 29, 2020 12:00 am Comments Off on What 2020 holds for low cost fundsAs it goes, 2020 is unlikely to bring a period of prolonged stability that investors are hoping for.
Non-concessional contributions breaches on ATO radar
March 26, 2020 12:00 am Comments Off on Non-concessional contributions breaches on ATO radarDeliberate efforts to game non-concessional contributions (NCC) cap breaches to reduce tax are known to the ATO, which will consider them as tax evasion.
Expected GDP by country 2010 to 2100
March 23, 2020 12:00 am Comments Off on Expected GDP by country 2010 to 2100This animated chart is simply amazing but some world events could have a negative impact. Even so, it's fascinating to see how the world might change into the future.
