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Biggest reforms in over a decade The biggest super reforms in over a decade commenced from 1 July 2017. Although many of the reforms have restricted super contributions, there have been some positive developments. Here are four changes designed to assist individuals in growing their nest egg: Flexibility for personal super contributions Before 1 July 2017, an individual (mainly self-employed) could only claim a personal super contribution deducti.....
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Estate planning essentialsPlanning your estate is an important part of managing your financial affairs. It allows you to pass on your assets to intended people in your life while minimising adverse tax implications.When planning your estate, consider the following:Having a valid, up-to-date WillFirst and foremost, individuals should have a valid and up-to-date Will. A Will sets out who you wish to receive your assets upon your death, provides fun.....
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