The World According To Peter

Carry Forward Concessional Contributions

If you feel like you’ve missed the boat when it comes to building your retirement savings, it could be time to use an often-overlooked contribution opportunity. What are carry-forward contributions? Carry-forward contributions are not a special type of super…

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About time someone acknowledged accountants

About time someone acknowledged accountants!!!!! Wow. I have been saying the things pointed out in the article below for the last 3 months. I think accountants have been the forgotten profession in all this since the whole system is reliant on accountants and tax…

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The ATO does have a heart!

So, the ATO does realise the pressure it puts on accountants and taxpayers with the never-ending deadlines! Here is an extract of its recent decision regarding lodgement deadlines for SMSF’s for the 2017 financial year: This week the ATO announced that it will extend…

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