For taxpayers that are going through a family breakdown, the establishment of a Child Maintenance Trust (CMT) and the transfer of income producing assets into the CMT to fund ongoing child maintenance requirements may be a very tax effective planning …
On 14 May 2013, the Federal Government outlined its budget for the year ahead. No doubt that this was the toughest budget faced by the Treasurer, Wayne Swan – with a pending election, forecast budget deficits and previous spending commitments, …
Reforms to Australia’s superannuation system have been announced that will be considered by Parliament after the Federal election in September 2013. If legislated, the proposals will impact many superannuation fund members before and after retiring. Below is an overview of …
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