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Recent Questions & Answers

RIO and BHP buy backs

Will the benefits of the RIO and BHP buy backs be impacted if Labor gets its proposed abolishing of claiming franking credits through parliament before 30 June 2019?
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Advisor fee’s

I would be interested to know what sort of fees I should be expecting to pay my “Wealth Advisor” , and what sort of services are usually provided for the fee. I pay a % of the total SMSF assets, which is currently 0.4% on assets of 2.5million. I negotiated that figure but have no idea where it fits into the ball park of fees.


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SWTZ ETF

For the SWTZ etf, do the distributions have franking credits attached, or are all distributions paid out in full and shareholders pay their own tax.
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SMSF advice

I’m about 2 years out from retirement (even though I may continue on a 2 or 3 day a week basis).
I recently read that, at my age, (69) my SMSF “really shouldn’t be in equities”.
If that is the case, what are the alternatives to equities for an SMSF-er of my age?
I am currently 55% cash, having brought that up from 30% over last few months.


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Tax threshold

If a dividend is paid without company tax having been paid already, would the recipient be able to declare the income and if not in a high enough tax bracket still pay no tax. Or if in the lowest bracket only pay 15% at most.
Talking about modest returns here. Would this not be the same result as having franking credits refunded?


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How to obtain superannuation benefits

I just read the answer to your question of the week and noted the following:

“A similar situation applies where a person has never been ‘gainfully employed’, for example, for a person who has only ever been a passive investor, superannuation benefits could not be paid until 65. The reason is that the person would not be able to retire from that activity under the superannuation legislation. ”

My question relates to the word “never”. I was an employee until approx 15yrs ago and have since been an investor (current age 61).

So am I eligible to obtain my superannuation benefits now as I was previously employed but it was a long time ago?


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