On Monday, 17 May, our QLD team held their successful breakfast seminar for 25 Gold Coast small and medium sized business owners. The seminar was held at the Gold Coast International Hotel and featured two guest speakers.

By Mark Causer, senior advisor at Perspective Group

As you are all aware, post 30 June 2007, contributions to superannuation funds are now subject to annual contribution caps and strict penalties apply if these limits are exceeded. As a result, a greater level of care has now been applied to the annual superannuation contribution strategies with particular focus on concessional contributions (tax deductible contributions / salary sacrifice).

You may have noticed that Azure Group’s website looks a little different – or a lot different.

At Azure Group we like to do things a little differently and not stick to the typical mould that defines our industry and we wanted this to be reflected in our website. We wanted to showcase that we are a boutique yet experienced accounting firm, that we are passionate about helping our clients and that we excel at what we do.

By David Lamb, Azure Group Associate Director

Following the recent release of Self-Managed Super Solutions we now have the Panel's preliminary recommendations on self-managed superannuation funds (SMSFs).

These proposed changes to SMSFs will not affect many funds. The significant amount of money being managed by SMSFs means that this kind of review will occur again in the future. However, Trustees who satisfy the Sole Purpose Test(1.)  and support and assist with the compliance of their fund will have nothing to fear.