Services for Accountants
SMSF Advice
If you are looking for a SMSF Advice Solution for your clients, Michael Dietrich is a financial planner and authorised representative of Lifespan Financial Planning Pty Ltd. Lifespan is the privately owned and operated holder of an Australian Financial Services License.
SMSF Outsourcing
Discover Super provide back office SMSF solution customised to meet your firms individual needs. As SMSF services is all we provide, we are trusted by accounting firms throughout Australia to get the SMSF Compliance Documentation right the first time.
SMSF Audit
SMSF Audit services has been the core focus of our business since inception in 2003 and our clients believe that we are a valuable resource to their business. The SMSF information for audit can either be sent to us via mail or uploaded electronically via a SMSF Share File.
Classic Car in your SMSF
Is a Classic Car allowed as a SMSF Investment? I received an email the other day which asked. Are we able to purchase a classic car within our super still? Classic Cars can be purchased by a Self-managed Superannuation Fund (SMSF) provided they provided they are purchased and held in accordance with the superannuation legislation. Firstly, […]
the new $1.6 million transfer balance cap
$1.6 million transfer balance cap Amongst those changes introduced in the 2016 Budget was the $1.6 million transfer balance cap which limits the tax exemption for assets funding superannuation pensions. This new limit on superannuation will apply from 1 July 2017 and creates additional responsibilities for SMSF trustees. The main issues you need to be aware […]
Time to think about Capital Gains Tax Relief
CGT Relief The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which provides CGT relief for members who are transferring assets out of retirement phase in 2016/17 to comply with the changes. In essence, the legislation allows you to reset the cost bases of […]
Over 65 work test for contributions
Over 65 work test for contributions Work Test over 65 years still exists In the 2016 Budget announcements the work test was going to be removed – however this was reversed several months later. Making concessional or non-concessional contributions for over 65’s is is possible, however you need to be aware of the rules. […]