Maximising Your Super: Leveraging the July 1 Cap Increase

by C&N Accountants | Mar 4, 2024 | Superannuation

Exciting news for super contributors! As of July 1, 2024, you’ll have the opportunity to contribute more to your super thanks to increased caps. Here’s a detailed guide on how to leverage these changes for your financial benefit. Understanding the New Caps The new...

Can an SMSF Invest in Property Development?

by C&N Accountants | Feb 12, 2024 | Property Investment, SMSF, Superannuation

In Australia, property investment holds a significant appeal, notably due to the attractive 15% preferential tax rate on income during the accumulation phase and the potential for tax exemption during retirement. This has led many SMSF trustees to consider property...

Crypto currency and SMSF’s: – What to look out for

by C&N Accountants | Sep 14, 2022 | Business, SMSF

Many Australians are increasingly incorporating cryptocurrency (crypto) investment into their Self-Managed Super Fund. (SMSF’s), but there are complexities to look out for. According to the ATO, SMSF’s held  AUD227 million in crypto assets at 31 December 2021, with...

SMSF – Reporting Requirements – What you need to know

by C&N Accountants | Apr 7, 2021 | ATO, Property Investment, SMSF

SMSF Investment Strategies – Dealing with increased scrutiny With the 2020/21 financial year entering the last quarter, it is timely for SMSF Trustees to consider the currency of the Fund investment strategy, in light of the increased scrutiny being applied to the...