by Affinity | Jul 22, 2013 | Latest News
Introduction Since 2007 self-managed super-funds (SMSF’s) have been able to borrow for investment purposes to buy real property and other assets such as shares. There are a number of conditions applying which include: the loan must be used for the purchase of a...
by Affinity | Jul 22, 2013 | Latest News
Clients with a Self Managed Superannuation Fund (SMSF) may be aware that, if the fund pays a pension, income from the assets supporting the pension can be exempt from tax (the ‘pension exemption’). However, if the pension ceases, this generally means that the...
by Affinity | Jul 22, 2013 | Latest News
The ATO has warned trustees of Self Managed Superannuation Funds (SMSFs) to be cautious when investing in property. The ATO is concerned that people are using their SMSFs to invest in property without fully understanding their obligations under the law, or that...
by Affinity | Jun 17, 2013 | Latest News
Wouldn’t it be great if there were some magic method whereby we could all enjoy the benefits of improved government services right across the board without having to pay tax? We would get to keep everything we earned and still have all the services that make us very...
by Affinity | Jun 13, 2013 | Business eNews, Latest News
About the Super Co-Contribution If you are a low or middle-income earner, you may be able to take advantage of the super co-contribution payment by making eligible personal super contributions to your super fund. The Government will then match your personal super...
by Affinity | May 31, 2013 | Latest News
The end of the Financial Year is fast approaching. It does not have to be the usual daunting process of sorting receipts and invoices that pile up on your desk or that have been hidden in the filing cabinet. Let the skilled staff at Affinity Accounting Plus (AAP) take...
