As many Trustees work through their 2011 SMSF compliance requirements, it is an important financial year to consider account balances for those members over 50 and approaching 50 years of age, given the proposed changes to the concessional contribution (CC) cap from 1 July 2012. The Federal Government appears committed to legislating the $25,000 extension … Continue reading »
Tag Archives: contribution cap
Financial year-end planning for your SMSF
With the end of the financial year fast approaching, it provides an important time for SMSF trustees to turn their attention to a range of strategies leading up to 30 June. The following list provides some ideas, issues, and strategies that can be used (or need to be addressed) with your self-managed super fund before … Continue reading »