Key super thresholds for 2024/25
April 16, 2024Concessional contributions are superannuation contributions in respect of which a tax deduction has been claimed whether those contributions are made by the employer (or a related company of the employer) of the member or by the member themself. These contributions are subject to tax in the super fund at 15%.
Read moreOK to make a deductible super contribution then cash out?
April 12, 2024This very issue was the subject of a recent private binding ruling (released 25 March 2024). The taxpayer had for a number of years made personal superannuation contributions for which the taxpayer claimed a tax deduction. The actual amount of each of these contributions was not provided in the published ruling.
Read moreWork Bonus scheme: Two significant changes
April 4, 2024Two significant changes have been made to the Work Bonus scheme. These changes apply from 1 January 2024. The first change is that an initial credit of $4,000 will be granted to the “work bonus bank” of each new age pension recipient. The second is that the maximum balance of the “work ...
Read moreAdult children as tax free dependants
March 27, 2024With an increasing number of elderly parents living with their adult children, is it possible that an adult child of a deceased parent could, on the death of the parent, receive their parent’s superannuation tax free?
Read moreZenith upgrades Prime Value small cap fund to Highly Recommended
March 6, 2024The Prime Value Emerging Opportunities Fund Class A, and newly created Class B, have been upgraded to a Highly Recommended rating by research house Zenith Investment Partners.
Read moreSpatium changes trustee, administrator as advisers demand digital access
November 30, 2023Spatium Capital has responded to adviser and SMSF trustee requests for easier, cleaner digital access via applications and signature protocols.
Read moreVolatility expectations vs reality
November 20, 2023The movements in global equity markets over the past few weeks have rightly caused some concern for investors. Ahead of the seasonally favourable end-of-year markets, many equity indices have lost ground, with the ASX down 10% since the peak in February.
Read moreSpatium Small Companies Fund update for October 2023
November 17, 2023Spatium Small Companies Fund returned -8.0% for the month of October vs -5.6% for the benchmark.
Read moreMantis Funds launches Magnetar Relative Value Unit Trust with $30m
November 16, 2023Mantis Funds has launched the Magnetar Relative Value Unit Trust which is a feeder into a Cayman master fund managed by Magnetar Capital.
Read moreHow Atlantic House offers a practical approach to sequencing risk
November 15, 2023Academic papers have been written on sequencing risk, which is really just a fancy word for taking a massive hit (most likely from the equity market) at the worst possible time – ie, close to or post-retirement.
Read more