NEWS
1 July 2019 Superannuation Changes
In February 2019, a number of laws were passed through Parliament that will see changes to superannuation in the coming year. The changes are due to commence from 1 July 2019. These reforms join other recent changes first proposed in the 2018/19 Federal Budget. The
2019-20 Superannuation Tax Rates and Thresholds
We have produced a comprehensive reference guide to the latest Superannuation Rates and Taxes providing a quick check of contributions limits, conditions of release and tax rates etc.. You can Download the reference guide and always have the current rates close at hand We also have a
Is your SMSF Deed non compliant?
As you may be aware, the law governing superannuation in general, and Self Managed Superannuation Funds in particular, is regularly evolving. Supernova continuously monitors the changes that occur in self managed superannuation to ensure you are kept up to date with the latest changes, and
Transfer Balance Cap reporting – what does it mean for you?
From 1 July 2017, superannuation fund members are subject to a $1.6 million transfer balance cap (TBC) which limits the tax exemption for assets funding superannuation pensions. The TBC encompasses a significant amount of monitoring for an individual. This monitoring is to be facilitated by
All SMSF accounting services are the same… …aren’t they?
The end of year compliance process is pretty much the same wherever you go. Whether you pay $3,000 or $300 the end result is that you get financial statements, independent audit, member statements, tax return and some minutes. So what distinguishes one provider from another?
DOES SUPERNOVA COMPETE WITH ME FOR SMSF CLIENTS
No Unlike some of our competitors who, in addition to providing services to accountants/advisers, also offer a retail product to trustees in direct competition, Supernova only market to accountants and advisers. Our wholesale fees are only available to SMSF professionals including financial planners, accountants and brokers.
WHAT SERVICES ARE INCLUDED IN SUPERNOVA ADMINISTRATION?
Basic INCLUDED Features This Includes the usual Standard Functions you would expect… Fund processing and administration Preparation of annual financial statements Preparation of the SMSF annual return Investment Reports (Income, realised and unrealised gains etc) Member statements Trustee minutes Additional INCLUDED Features Many of 0ur
CAN WE PROVIDE OUR SMSF CLIENTS WITH ONLINE ACCESS TO THEIR ACCOUNTS?
Yes. You can request online access be granted for your clients. They will need to have a valid email address to gain access. You as the adviser control which clients have access to their fund.