Common tax mistakes for SMSFs with rental properties | AMP Capital

Common tax mistakes for SMSFs with rental properties In our recent article we covered tax relief concessions that could be considered where SMSF trustees have agreed to rent reductions for their tenants. Any reduction is decided on a case-by-case basis and the positions of the landlord and tenant. Whether the property is rented on a long-term or short-term basis, there are some simple lessons to be remembered to ensure the fund complies with the rules. …

Ways to grow your Super, Value of Advice and More

Ways to grow your Super, Value of Advice and More 1. Five ways to grow your super Are you looking for ways to boost your super account balance? Watch our video (3.01) and hear how Greg Elias, an AMP Client Adviser, explain five ways his client could grow their super to save for a comfortable retirement. He discusses five ways to grow super: 1. Bring together all your super accounts 2. Choose your super fund …

Purchasing a property

Purchasing a property  Finding the right property and making all the arrangements to buy it can take time. It’s a big financial decision so it’s important to look at as many properties as possible and make the right choice. It’s also a good idea to speak with property experts such as real estate agents, bankers and mortgage brokers. Before buying a home you should: consider the financial costs involved find the right lender and home …

Business solutions

Business solutions Businesses don’t plan to fail; they fail to plan.   Becoming your own boss is an exciting journey, but it pays to plan ahead to make sure it’s a success. We can help you get there. Common questions to consider What do I need to think about when starting a new business? What is a small business financial plan? Where should I go to seek advice? Should I insure my business? What are …