2016 Warning on Super Contributions

The 2016-17 Federal Budget announcements on superannuation have caused a lot of concern. Superannuation policy changes include: A $500,000 lifetime non-concessional contributions cap from Budget night A reduction in concessional contribution cap from 1 July 2017 The...

Reduce company tax – accruing director fees

Disclaimer. This blog post is a general discussion only, it is not intended as personalised advice. Professional services from accountant and lawyer are strongly recommended. One of the common tax planning strategies for family-owned companies is accruing director...