SMSFs can have role in estate planning strategies

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There is still far too much confusion about the role of superannuation, especially self managed superannuation funds (SMSFs), in estate planning warns Michael Hutton, head of wealth management at HLB Mann Judd Sydney. “As a result, estates may not only end up paying unnecessary tax, but superannuation balances can also be distributed in a way […]

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ATO concessions reduce cost of employee share plans

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Recent ATO concessions allow certain employers to introduce employee share plans at a drastically reduced cost, including free ATO approved standard legal documentation and safe harbour valuation methods for valuing issued shares, said Mr Jolyon Dare, tax consulting partner with HLB Mann Judd Sydney. The new concessional employee share rules, which were introduced on July […]

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Confusing terms and jargon affecting decision-making

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The use of jargon that is not understood by investors, and is even misleading, is likely to hold back the take-up of services that should be embraced, such as insurance, warns Michael Hutton, head of wealth management, HLB Mann Judd Sydney. “It’s all very well for the financial services industry to come up with a […]

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It’s unlikely, but there could still be super changes in the Budget

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While the government hasn’t ruled out making further super changes in the Federal Budget, and it is unlikely any additional changes will affect current financial year plans for investors, anyone planning changes to their own strategies should try to implement these prior to next month’s Budget to be on the safe side, says Andrew Yee, […]

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Look out for signal to become ‘wealth builder’ – says HLB Mann Judd

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People need help to recognise when they are able to become ‘wealth builders’ as it’s too easy for them to miss the signal that says they are in prime position to ensure a healthy financial future. Unfortunately, if they miss the signal it can make a significant difference to their financial position when they retire, […]

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