Articles by Jason Spits

Retirement, Strategy

Work test, contribution bring forward rules eased

April 9, 2019

The work test rule and the ability to use the bring forward provision for non-concessional contributions have been eased for people aged 66 and 67.

SuperStream start date pushed back to 2021

April 9, 2019

Jason Spits, Hrishikesh Joshi & Darin Tyson-Chan

SMSFs will have wait nearly 18 months more to access the SuperStream system, which will now be introduced in early 2021.

Compliance & Regulation, Retirement

Six-member SMSF legislation dropped

April 9, 2019

The government has withdrawn the legislation enabling SMSFs to service a maximum of six members.

ATO, Compliance & Regulation

ATO to release banned SMSF trustee register

March 11, 2019

The names of banned SMSF trustees will be made more accessible to advisers and the public via a new register from the ATO.

Investments, Retirement

PM labels franking credit proposal as theft

March 11, 2019

The Prime Minister has pushed back on Labor’s franking credit proposal, branding it as theft and an unfair tax grab.

SMSF expert to launch automated document service

March 11, 2019

A new automated document creation service built by I Love SMSF founder Grant Abbott will hit the market by early March.

Compliance & Regulation, Strategy

Government broadens work test exemption

March 11, 2019

The federal government will allow people entering into retirement to make up to $300,000 in non-concessional contributions as a result of a change to the work test exemption. The change was announced at the recent SMSF Association National Conference 2019 in Melbourne by Assistant Treasurer Stuart Robert, who said the move was a result of […]

International Shares, Investments

Australian market unable to handle investor influx

March 11, 2019

The local share market will be too small for the growing number of superannuation investors who should look offshore for new investment opportunities.

Compliance & Regulation

Compensation scheme of last resort to be created

February 11, 2019

A compensation scheme of last resort will be established as a result of the banking royal commission.

Business news, Economy

Aust market to be squeezed from within and without

February 11, 2019

A slowdown has been predicted for the Australian equity market and economy due to factors such as the coming federal election.

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