NCS Newsletter - October 2024
Welcome to the NCS Group client information newsletter, your monthly tax and super update keeping you on top of the issues, news and changes you need to know.
Adding to super
The two main types of contributions that can be made to superannuation are called concessional and contributions and non-concessional contributions.
What is the right business structure?
If you carry on a business - small or large - the question of which business structure to use always arises.
Selling a property with mixed rental and residential use.
Selling a property that may have been used for mixed rental and residence purposes has a lot of capital gain tax (CGT) issues.
Comparing SMSFs with other super funds
While all superannuation funds have a shared goal to provide retirement benefits to their members.
The dangers of failing to declare other income or lodge returns
There are many adverse consequences associated with failing to lodge income tax returns or omitting income from those returns if the ATO finds out.
Follow the link to find out more!
/files/NCSGROUP-October-2024.pdf