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News
Australia's Future Tax System (AFTS ) Review
01/12/2008
This review aka the Henry Review and aka the Roots and Branch review of the Tax System is expected to provide its final report in December 2009.Pension Review
01/12/2008
This review – aka the Harmer Review – is expected to provide its final report in February 2009.First Home Saver Accounts & Super
14/11/2008
The legislation to support these financial products is now operational.Treatment when FHS Account balance is transferred to into Super
14/11/2008
The transfer of the account balance to a superannuation fund will be treated as a non-concessional contribution and will be counted against the non-concessional contribution cap. As a non-concessional contribution, the transferred amount will also form part of the tax-free component.When is a Will Revoked?
14/11/2008
Cupid’s arrow recently pricked a client of ours who at the age of 61 has just remarried. He rang us to ask whether his new marriage would affect his Will. The answer of course is that it most certainly does. It is appropriate to look at when a Will is revoked by certain actions of the testator, sometimes automatically without the testator realising.