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Article archive
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Quarter 4 October - December 2023
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Quarter 4 October - December 2017
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Quarter 4 October - December 2016
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Quarter 4 October - December 2015
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Quarter 4 October - December 2014
Quarter 4 of, 2018 archive
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Tax Office sounds alarm on popular property strategy
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Our Advent calendar for 2018
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‘Please do not panic’: ATO boss addresses STP concerns
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Stop!! Don't do a paper Budget, use our online budgeting tools instead.
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Employee Christmas Parties and Gifts – Any FBT?
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Behavioural Coaching and your financial plans
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FBT – Christmas Parties and Taxi Fares
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Information needed to be the BBQ expert.
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Tax consequences of trust vesting
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Fringe Benefits Tax (FBT): employees’ private use of vehicles
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ATO to contact clients over bank details
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ATO claws back $850m in unpaid SG in FY 17-18
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ATO zones in on hundreds of newly created reserves
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Senate passes $20,000 instant asset write-off extension
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Victorian Vacant Property Tax
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Director Penalty Notices
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ATO set to pounce on undisclosed income streams
Accessing superannuation benefits.

Common conditions of release include the fund member having reached preservation age and retired, or commenced a transition-to-retirement income stream; ceasing an employment arrangement on or after the age of 60; being 65 years old even though they haven’t retired; or having died.

.

Alternatively, under special circumstances, some benefits may be available where the fund member: -

•       has terminated gainful employment;

•       is temporarily or permanently incapacitated;

•       is suffering severe financial hardship;

•       meets conditions for compassionate grounds;

•       has a terminal medical condition; or

•       is taking part in the first home super saver scheme.

The Australian Taxation office is aware of scams and improper access, and will continue targeting Self-Managed Super Funds and their trustees.

It is the trustees responsibility to take care and always be prudent.

 

 

 

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