The May 2012 Budget provided some super shocks with the $50,000 cap abolished and a level playing field of $25,000 to apply to all. Not good news for those Baby Boomers looking to maximise contributions later in life when the children have finally left the roost.
In addition the government has announced a very difficult to administer change to fund taxation to tax contributions made by member
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Negative Gearing in a SMSF
In this video Grant Abbott talks about the importance of negative gearing inside super compared to outside....
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How to do a SMSF Borrowing with Grant Abbott
Hi, Im Grant Abbott, Im principal of SMSF Strategies, and also Chairman of the Australian SMSF Member's Association, here on beautiful Sydney Harbour - you can see the amazing property that Sydney h...
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SMSF Borrowing - Off the Plan
The review of the super borrowing rules could create problems for some SMSF arrangements.
The use of borrowings to acquire assets with a long time between contract and settlement for self-manage...
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