Collectibles in Self-Managed Superannuation Funds

What are Collectibles: Collectibles are personal use assets and include artwork, jewellery, boats, wine, antiques, artefacts, coins, medallions or bank notes, postage stamps, rare folios, manuscripts or books, memorabilia, motor vehicles and motor cycles, recreational...

What is an Affidavit?

Affidavit Explained An affidavit is a formal written document which describes a person’s own account of events in a prescribed format. A person making the affidavit is called a ‘deponent.’ What does an affidavit contain? The contents of an affidavit must be factual...

BEWARE: Trust Deed Vesting Date

Unexpected tax liabilities for the beneficiaries of a trust A Trust is one of the most common business structures in Australia. It has certain tax advantages; it helps to transfer wealth between the generations and it provides asset protection. A trust is set up...