Several changes to tax and superannuation legislation have been put forward over the year, with many coming into effect at different dates over the 2013 calendar year. We run through the key changes to keep an eye on.
Planning for when you’re no longer around may be confronting, but so is the prospect of having your worldly possessions fall into the wrong hands or being taxed away simply because your affairs were not in order. Estate planning is not just a good idea; it’s essential.
Breaking up is hard to do, but it can be made all the more difficult when superannuation savings are involved. There are however some practical steps to ease the pain. Also on the topic of disputes, where SMSF trustees have a falling out, there are essential considerations to ensure the fund remains compliant.
Should you require more information regarding any topic touched upon in this newsletter, please feel free to contact MBS to discuss the details.
Disclaimer & Copyright: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information. The Copyright is owned exclusively by Taxpayers Australia Inc (ABN 96 075 950 284)