A recent change to the rules around superannuation means that more Australians may be eligible to claim a tax deduction for putting money into super.

There’s a new option in place for self employed Australians to be better able to save for retirement, but another change to the superannuation rules (in the SMSF arena) could lessen the appeal of borrowing to invest.

We look at a GST apportioning option to cover private use, and also the compliance steps that may need to be taken should the “use” of an asset change. And we take a broad overview of tax and the stockmarket.

Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.