by Cindy Su | May 15, 2023 | ATO, Business, COVID-19, Depreciation, EOFY, Finance, Income Tax Returns, Interest Rates, Job Keeper, Property Investment, SMSF, Tax & Accounting, Tax Planning, Tax Returns
The 2023-2024 Federal Budget was introduced amid daunting economic challenges, including high inflation, escalating interest rates, a persistent housing supply crisis, and an unstable global financial market. Nevertheless, the budget offers a glimmer of hope as it...
by Aaron Hickey | May 13, 2023 | Financial Advisers, Interest Rates, SMSF, Superannuation
Do you own property and hold a mortgage in your Self-Managed Super Fund? If so, it might be a good idea to review your current interest rate. At Chan and Naylor Finance, we have had countless clients coming to us with existing Superfund lending products, paying...
by Ed Chan | Apr 12, 2023 | Finance, Property Investment, Retirement Planning, SMSF, Superannuation, Tax & Accounting
When Morrison, as treasurer, limited Super to $1.7m (together with a spouse $3.4m), that meant a 5% return earned $170K in tax-free income (for a couple) and $85K for a single, was sufficient to live on and reversed Superfunds from a tax avoidance vehicle to a genuine...
by Ed Chan | Mar 2, 2023 | Property Investment, SMSF
Recently, the government has proposed higher taxes on Superfunds and limitations on the amounts allowed to be held in a SMSF. In my opinion, this would be a serious long-term mistake, as it may discourage people from becoming self-sufficient and force them to rely on...
by Cindy Su | Jan 12, 2023 | Retirement Planning, SMSF, Superannuation
The whys of poor super funds performance always boil down to one reason and mostly one reason alone: the fees are too high. While it’s a good idea to have your super managed by a fund if you don’t have the time nor the expertise to manage it, staying in...
by Chan & Naylor | Apr 7, 2021 | Property Investment, SMSF
SMSF Investment Strategies – Dealing with increased scrutiny With the 2020/21 financial year entering the last quarter, it is timely for SMSF Trustees to consider the currency of the Fund investment strategy, in light of the increased scrutiny being applied to the...
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