Changes to Transition to Retirement Pension

A transition to retirement pension or income stream is where you are able to access part of your superannuation while you continue to work. Essentially, this pension income stream assist individuals who were cutting back on their hours, they are generally in their...

Vulnerable Beneficiaries

Providing for a vulnerable beneficiary under your Will can be difficult and requires careful consideration. What is a vulnerable beneficiary? There is no legislative definition for a vulnerable beneficiary. Examples of a vulnerable beneficiary would include: a...

Similar Business Test

Legislation was introduced into parliament proposing to relax the loss recoupment rules by introducing a more flexible Similar Business Test from 2017. Businesses that have changed ownership and fail the Continuity of Ownership Test (COT) can now access past year tax...

Budget Changes support a brighter retirement

With tax cuts grabbing most of the attention in the May 2018 Budget, some quiet tweaks to superannuation and retirement income were drowned out in all the noise. But these small changes could have a big effect on the amount of money that ends up in your nest egg when...