Monthly Archives: April 2019

Sweeping Changes to Insurance through Superannuation

A recent important legislative change that received Royal Assent and takes effect from 1 July 2019. This change relates to insurance held through superannuation (other than an SMSF or small APRA fund), where the member is deemed to be “inactive”. … Continue reading

Posted in Financial Planning, Income Tax, Superannuation | Leave a comment

Curtain soon to fall on Medical Expenses claims

The Federal government has been phasing out the Medical Expenses tax offset, which entitles individuals to a tax reduction of either 10% or 20% (depending on the individual’s income level) of the amount paid for medical expenses above a certain … Continue reading

Posted in Accounting Information | Leave a comment