In 2024 women are still retiring with 25% less super than men. That’s $50,000 on average and still a sizeable difference. The reasons for this disparity are well known:
The government introduced the downsizer measures to allow older Australians to sell their larger homes and buy smaller ones and contribute the difference into super.
A majority of all Self-managed Super Funds (SMSFs) now have a Corporate Trustee, i.e. a company acts as Trustee for the SMSF. It is important
After years of restricting the amounts older Australians could contribute into super the Government really loosened the screws and starting 1 July 2022 provided many
When you set up an SMSF you will be required to choose between two different trustee structures. The choices are an individual trustee structure where
As SMSF Specialists we often convert Companies that are acting as the Trustees of an SMSF to Special Purpose Companies. The advantages of having a
© Copyright 2023. Susan O’Connor Accounting. All rights reserved.
