Success Planning Pty Ltd in Gold Coast, Queensland | Estate planning solicitor

Success Planning Pty Ltd

Locality: Gold Coast, Queensland

Phone: +61 416 033 633

Address: PO BOX 3917 Robina Town Centre 4230 Gold Coast, QLD, Australia

Website: http://www.successplanning.com.au

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• Financial planner
• Estate planning solicitor
• Insurance broker

25.01.2022 Lost and Found Where is your super? The Australian Taxation Office (ATO) administers lost and unclaimed superannuation. As of 30 June 2018, the ATO were sitting on around $17.5 billion of lost and unclaimed superannuation. When a member of a superannuation fund becomes lost, or their super benefits are unclaimed, the money is transferred to the ATO....Continue reading

18.01.2022 What does the election result mean for our super? Against the odds and the predictions of both pre-election polling and the commentary of so many media experts, the Coalition looks set to return to government following the 18 May Federal Election. This result was not expected, and I am sure many readers were preparing for significant changes to tax, and to their superannuation....Continue reading

17.01.2022 There's some interesting numbers in this video from CommInsure that really make you think but I'm not sure who's having my allocation of alcohol, cigarettes and ice-cream! https://vimeo.com/334577612

09.01.2022 The End of Financial Year is Coming Fast This year, the last day of the financial year will be next Sunday. Just how quickly has the last year gone? Some of the notable events of the year included:... -Malcolm Turnbull replaced by Scott Morrison as Prime Minister -A Royal Commission into Aged Care Quality and Safety was announced -Tabling of the final report of the Banking, Superannuation and Financial Services Royal Commission -Federal Budget was brought forward to April 2019 -Federal Election saw the unexpected return of the Coalition to Government -New education requirements for financial advisers commenced. So, as we head towards the end of June 2019, what are some of the things we need to be thinking of? Superannuation this week will be the last opportunity to make contributions to super in 2018-19, particularly if looking to: -Receive the Government co-contribution -Claim a tax deduction for personal contributions -Take advantage of the Low-Income Superannuation Tax Offset -Making contributions for a spouse in order to receive the spouse superannuation tax offset -SMSF using a contribution reserving strategy if planning to make double concessional contributions to a SMSF this month, ensure all the correct paperwork is in place to avoid creating an excess concessional contribution. -Life insurance those readers that hold life insurance through their super may find that, commencing 1 July 2019, your insurance may be cancelled if your fund has not received a contribution or rollover in the past 16 months, or an election has not been made to retain the insurance cover. -Splitting super contributions up to 85% of concessional contribution may be split with an eligible spouse. This week is the last opportunity to request a split of contributions made in the 2017-18 financial year. -Pensions if receiving a pension from a super fund, and particularly from a self-managed super fund, check to ensure the prescribed minimum income has been paid for the 2018-19 financial year. Failing to make the minimum pension payments may have undesirable tax consequences. -Tax deductions if planning to claim a tax deduction for post and pre-paid expenses, ensure payments have been made and supporting documents such as receipts and statements are retained to support the claims. As one financial year draws to a close, it is also an appropriate time to snuggle up out of the cold and review our expenses over the past year. This can be particularly useful when preparing our household budget for the next financial year. Look for opportunities to save money and make 2019-20 the financial year the year for eliminating short-term debts like credit cards, buy now-pay later arrangements, personal loans, and the like. What is your financial objective for the next financial year? If you don't have a financial objective or need help achieving it, contact Sean Robbie ASAP on 0416033633 or [email protected] Feel free to leave a comment.

02.01.2022 The following article was written by a colleague of mine and covers some very simple strategies everyone can use for financial 'self-help'. It also touches on some ideas from the Barefoot Investor and others. Enjoy, Sean https://blog.centrepointalliance.com.au//financial-self-he