Payday Super: 6 things every business owner needs to know before 1 July 2026
If you employ staff, one of the biggest changes to hit your business in years is coming on 1 July 2026. It’s called Payday Super, and it fundamentally changes how and when you pay superannuation. Under the current system, you have until 28 days after the end of each quarter to pay your employees’ super. […]
What you need to do to keep your SMSF property compliant?
Many business owners on the Sunshine Coast invest in commercial property within their self managed super fund (SMSF). This can be a great strategy to optimise your tax position and fund your retirement. While this may sound straightforward at first, it’s important to understand what you’ll need to do to keep your SMSF property compliant […]
How can a self managed super fund pay my business rent?
Sunshine Coast business owners tell us that the rising cost of rent is quickly eating into their profits. We understand that you can’t manage without your premises. But what if that rent could fund your retirement instead? Owning your commercial property through a self managed super fund (SMSF) can be a game-changer. Although you’d still […]
What tax can Grey Nomads claim while on the road?
If you’re following your dream of living the grey nomad life, here are our top tax tips of what you can claim while on the road. We understand that you’ve clocked off from the 9-to-5 while you’re chasing the sun, but don’t let your finances wander off the beaten track too. Whether you’ve retired, running […]
How to Optimise Your Superannuation: Recontribution Strategy
Whether you’re a Sunshine Coast business owner with your own Self Managed Super Fund (SMSF) or an industry super fund, recontribution strategies can be a game-changer for your retirement savings. They can help deliver tax benefits for you and for financially independent children who are set to inherit your super. Explore what superannuation recontribution strategies […]
Should My SMSF Have a Corporate or Individual Trustee?
Legally, SMSFs are a special type of entity called a “trust”. In its simplest form, a trust is just a structure where one party (called the “trustee”) holds assets on behalf of someone else. When it comes to self managed super funds, there are special rules about who can be the trustee and it starts […]
Best Super Withdrawal Strategy: Lump Sum or Income Stream?
What is the best super withdrawal strategy for funding your retirement? Lump sum withdrawals or a regular income stream. There’s also another alternative that may provide members with the best of both worlds. As you approach retirement, one of the most important decisions you’ll need to make is how to access your superannuation. In Australia, […]
Understanding the New Super Tax: What You Need to Know
The Australian Government has proposed a new super tax for individuals whose Total Superannuation Balance (TSB) is over $3 million. This tax is proposed to apply from 1 July 2025 (for the 2026 financial year) and be first assessed as at 30 June 2026. It would apply a 30% tax rate on the earnings attributable […]
Retire Early Like Bill and Jennifer: Proven Strategies Revealed
Discover how Bill and Jennifer* retired three years ahead of schedule using proven strategies in financial planning. Planning for retirement can be complex, especially when navigating different assets and structures to optimise your ideal retirement outcome. This case study shows how Bill and Jennifer, a Sunshine Coast couple in their late 50s, used strategic financial […]