As we approach the end of the year, we would like to wish you and your families a safe and joyful Christmas period. Thank you for your ongoing trust and support throughout 2025, it has been our pleasure to work with you. Along with our Christmas well-wishes, we also wanted to share some important updates and reminders regarding your superannuation and our service processes... More Information ▶
It is almost the end of another financial year and we just wanted to share some items that you might need to consider prior to 30 June 2025.Top 3 action items Have you taken your minimum pension? Have you made your Super Contributions before 30 June 2025? Individual - Have you got room in your caps? Employer - To get... More Information ▶
Dear Greenlight Clients, The recently unveiled 2025-26 Federal Budget has introduced a few superannuation-related measures. Here is a brief overview of the key developments. Division 296 Tax on Superannuation Balances The government has reaffirmed its commitment to implementing the Division 296 tax, which imposes an additional 15% levy on superannuation earnings for balances exceeding $3 million. This initiative, projected to... More Information ▶
Welcome to our first update for 2022, in which we outline the key super measures that have recently been passed by both Houses of Parliament. Once Royal Assent is given, most of these changes will apply from 1 July 2022 Changes to the Work Test The work test requires individuals over the age of 67 to be gainfully employed for... More Information ▶
As you would be aware the budget was handed down last night here in Federal Parliament. There have been a number of personal tax changes proposed along with some minor changes to superannuation (in comparison to last year). The National Tax & Accountants' Association (NTAA) has prepared this summary which is available on their website. Please do not hesitate to... More Information ▶
