• JCMB Consulting

    Self-managed Superannuation Fund Audit and Consulting Services

     

    Find Out More...
  • JCMB Consulting

    Trusted, Experienced, Professional - Superannuation Services in Inverloch

     

    Find Out More...

Super News

There has been a lot of talk about the May budget and the implications for self managed super funds, possibly the most significant of which is the $500,000 cap on member (undeducted) contributions.  This change, if legislated, will be retrospective, meaning that it will apply to any contributions made since 1 July 2007.
 
There is always a chance that the proposal will not be legislated in its current form, and prominent industry professionals are lobbying the Government to remove the retrospective aspect; however, it is essential that you consider this proposed change in any plans that you may have for future member contributions.
 
For more on the key budget measures Click Here

Transition Date for Collectables and Personal Use Assets Ends on 1 July, 2016

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JCMB Consulting Pty Ltd
PO Box 480, Inverloch, VIC 3996


 
ABN 86 768 265 615
Michele Beattie – Principal


C.A., B. Commerce (Melb), Approved SMSF Auditor / SMSF AUDITOR NUMBER - 100 087 330


Liability limited by a scheme approved under Professional Standards Legislation