SMSF Archives - Julia's Blog

Jim Charmers Backs Down on Taxing Unrealised Capital Gains in Superannuation

Julia Hartman — Mon, 20 Oct 2025 23:41:06 +0000

Download PDF If you have close to $3mil or more in superannuation you are probably already aware that the government is rethinking its previously announced policies on large superannuation balances. At this early stage nothing is certain, there is still to be much consultation before the law is drafted. This blog is written to ...

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2021 Budget – Red is the New Black

Julia Hartman — Thu, 13 May 2021 04:39:56 +0000

(Download PDF) Well not much to report this year! Our annual budget blog concentrates on giving the detail on issues that affect our clients tax, income, superannuation and businesses. Afterall you can read about the hype anywhere it is getting the detail and how it affects you that we are looking to provide. This budget ...

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When Your Farm is in a Self Managed Superannuation Fund (SMSF)

Julia Hartman — Mon, 25 Jun 2018 04:18:45 +0000

It is pretty clear, by the concessions available in the legislation, that it is the aim of the government to allow farmers to hold their farms in a SMSF. Nevertheless, it is far too easy to slip off the narrow path so make sure you get good advice right from the start. This blog will equip you with enough knowledge to judge a competent advisor.

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Labor’s Latest Antics With Franking Credits Ignores The Real Problem

Julia Hartman — Sat, 31 Mar 2018 07:49:27 +0000

Burning your money is probably illegal but if you are a pensioner it might save your franking credits. Under the proposed policy by the Labor party, franking credits will not be refundable unless you qualify for the pension. This is certainly a big incentive to qualify for the age pension. Let’s look at an example. ...

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Not Refunding Franking Credits Explained

Julia Hartman — Tue, 20 Mar 2018 07:30:09 +0000

How Franking Credits are Created: In simple terms, imagine an Australian company makes a $100 profit. It pays $30 tax on it and pays a $70 cash dividend to its one shareholder, an Australian resident. The shareholder also receives a tax credit for the $30. As a result, the shareholder declares $100 in income in ...

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