Welcome to the October edition of our client newsletter. This month, we bring you a selection of timely and practical articles covering key updates in tax and superannuation – all designed to keep you informed, confident, and in control of your finances.

Since 1 July 2018, people have been able to carry forward unused concessional contribution caps to future financial years. These rules were introduced to give individuals more flexibility in managing their superannuation, particularly if their income (and capacity to contribute) fluctuates over time.

Division 293 is an extra 15% tax on concessional (pre-tax) superannuation contributions for individuals whose combined income and concessional contributions exceed $250,000 in a financial year.

A recontribution strategy is a retirement planning technique designed to reduce the tax burden on superannuation death benefits and optimise super balances between spouses.

Emerging markets may be entering a rare sweet spot where long-term structural growth trends are reinforced by near-term macro tailwinds.

Contents
This edition features pieces on: 

• Salary sacrifice vs personal deductible contributions: and the winner is…

• Beware of Bitcoin gains!

• Do you own an asset that is used in your spouse’s business? 

• FBT checklist for 2024-25

Contents

This edition features pieces on: 

• Seven changes impacting your super in 2025

• Yet more rental data matching by the ATO 

• Coalition election announcements

• Super and hardship: a safety net in financial difficulty

• ATO confirms tax deductibility of financial advice fees

Contents

This edition features pieces on: 

• Christmas and tax – what’s deductible and what’s not

• Deductions for self-education courses – understanding the rules

• 12 super tips for a merry and bright retirement – simple steps to boost your super

• Small farms and tax deductions – what you need to know

• How your super stacks up – comparing balances by age

In this online seminar, Joseph Lanteri, Co-CEO of Lanteri Partners shares practical wealth-building strategies designed to help you secure your financial future. Whether you're a high-income earner, a small business owner, or facing life changes like starting a family or investing in property, this session is for you.

Contents

This edition features pieces on: 

• How taxable is that side hustle?

• The black hole of CGT and trusts

• What we know so far about payday super

• What tax receipts do I need to keep?

• Super on parental leave pay is now law

Contents

This edition features pieces on:

• Making contributions later in life

• What is the right business structure?

• Selling a property with mixed rental and residential use

• Comparing SMSFs with other super funds

• The dangers of failing to declare income or lodge returns

Contents

This edition features pieces on:

• Who is a spouse under the tax laws, and why does it matter?

• Riding the market waves

• Take care if you sell your home after leaving Australia

• Separation and divorce: CGT consequences…and relief

• Setting up an SMSF: Who can join the fund?

• “Debt recycling”…flavour of the month

Contents

This edition features pieces on:

• The importance of “tax residency”

• Changes to preservation age

• CGT and foreign residents: complex rules apply!

• Selling a small business operated through a company – sell the shares or sell the assets?

• Spouse contributions splitting

• Breaking up (by text) is hard to do

• Small business energy incentive

Contents

This edition features pieces on:

• Division 293 tax – will you be caught?

• The fine line between property development and “merely realising an asset”

• The CGT main residence exemption concessions are very useful 

• The secret life of TFNs

• Can I add to my super pension?

Contents

This edition features pieces on:

• Making your super last in retirement

• Take care with contribution timing this financial year

• Rental properties: Traps and pitfalls

• Succession planning for family businesses

• How myGov can help you track your super

The Federal Budget, handed down on Tuesday 14 May, contained a number of tax, superannuation, tax administration and social security/cost of living proposals that may impact your clients (and their businesses) in relation to the following matters…

Contents

This edition features pieces on:

• Selling your home? Beware of a partial capital gains tax liability

• Take care with contribution timing this financial year

• Rental Properties: Traps and pitfalls

• Succession planning for family businesses

• How myGov can help you track your super

In this webinar, Michael Lanteri, Managing Director, Lawyer, CPA, and Chartered Tax Adviser shares valuable insights and strategies to leverage your earning power to build robust wealth in retirement.

Contents

• This edition features pieces on:

• Stage 3 tax cuts – an opportunity for permanent tax savings

• Capital gains tax concessions for small business owners

• Briefing a barrister

• Making extra super contributions

For many, superannuation and retirement planning are often delayed. However, a set-and-forget approach can prove costly at retirement, as it often overlooks opportunities to maximise contributions and take full advantage of available tax concessions.