Upcoming Changes to Contribution Caps

As we approach July 1, 2024, concessional and non-concessional contributions are set to undergo changes with increased caps coming into effect. These increases hold significant implications for contribution timing and pension commencement planning. In this article, we’ll explore the revised limits and their potential impact, to help you understand the changes, and if they impact […]

Treasury’s Proposed Super Balance Tax: More Questions Than Answers

So, while some questions have been answered, the revelation has raised even more, leaving many to wonder what else they don’t know.   What we do know about the $3 Million balance and the additional 15% tax on earnings: The balance is based on the total super balance of a member and will be determined […]

Jenny Xu: Introducing the SIP Asia Desk.

After starting her early accounting career in China, Jenny moved to Australia in 2004 and completed a Master of Professional Accounting from Monash University. CA qualified, she joined the Deloitte Partner Services in 2013 and was entrusted with their high-level personal tax and affairs. Completing her Master of Taxation from The University of Melbourne during […]