(08) 9317 7300

Superannuation

Not all of us have Superannuation Funds in excess of $200,000 to make a Self Managed Super Fund worth while.  The administrative ongoing costs may not make it cost effective.

However, new laws which came into force on 1st July 2005 now allow fund members to choose a fund of their own choice rather than one chosen by their employer. Although, some employees in government or certain awards will not be eligible.

What is Super?

Superannuation is a tax-effective vehicle which allows you to invest your money and save for retirement.  The overall tax paid on your super investment is generally a lot less than other more traditional forms of investing in personally held assets such as direct shares or property investment.

Superannuation is still one of the best ways to accumulate wealth and save for your retirement.  As from 1 July 2007, generally all benefits received from a taxed super fund at age 60 or over will be tax-free.

However, to get the most out of superannuation you need to be ‘super smart’.  You need to understand how the rules work and use them to your advantage.  You also have to keep up to date with the latest rule changes so you can take appropriate action.

At Baggetta & Co, our Superannuation Services include:
• Transition to Retirement Spouse contribution splitting
• Advice on salary sacrifice
• Increasing your super with help from government co-contribution
• Transferring your assets into super and help reduce your tax
• Offset Capital Gains Tax (CGT) by making a contribution to super
• Save on CGT when selling your business by claiming CGT retirement exemption

Baggetta & Co also specialise in advising on, setting up and administering Self Managed Super Funds (SMSF) and Family Trusts.

To learn about the benefits of our service and the difference we can make to you and your superannuation, call us now on 9317 7300.

Latest Articles


Stay updated

Subscribe to the Baggetta newsletter to stay updated with regular industry and company news.


Establised 1989. Over 25 years. Advice you can rely on.

Is it time for a change?

For more information about the services we provide, or to find out if you are eligible for a free no-obligation consultation, call us now on 9317 7300.

The information provided on this website, including the material and contents provided in the website publications, are informative in nature only and you should not act specifically on the basis of this information alone. It should not be used as a substitute for legal, business, accounting, tax, financial planning or other professional advice. If expert assistance is required, professional advice should be obtained.

Paul Baggetta is the Founder & Principal of Baggetta & Co. Paul Baggetta has been a Taxation Accountant since 1981, a Financial Planner since 1998, and in 1993 qualified as a Real Estate Licensee, holding a Triennial Certificate (currently not trading) and operated his own Real Estate business for property investment clients for over 5 years as a second business.

Financial planning services are provided by Paul Baggetta as an Authorised Representative (No. 261469) of Capstone Financial Planning Pty Ltd. ABN 24 093 733 969. Australian Financial Services License No. 223135.

 

Taxation & Accounting services are provided by Paul Baggetta as a Registered Tax Agent (No.61487008) and is a Member of SMSF Association, FIPA & NTAA.