16 Things to Consider - 30th June 2013 Superannuation Checklist

With the end of the financial year rapidly approaching, it is timely to revisit some of the issues that could affect your super.

Self Managed Fund Trustees

1. Value fund assets
2. Investment Strategy
3. Separation of Assets
4. Auditor registration regime

Contributions

1. Timing of Contributions
2. Contribution caps
3. Claiming a tax deductions for personal contributions
4. Superannuation contribution deductions resulting in a tax loss
5. Co-contributions
6. Spouse contribution tax offset
7. Contribution splitting
8. Higher contributions tax rate for those earning more than $300,000
9. Superannuation Guarantee (SG)

Pensions

1. Minimum pension payments
2. Taxation of fund income following the death of a member in pension phase
3. Payment of minimum pension income in the year of death


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